Inland Port price tag is nearing $50 million
“The South Carolina State Ports Authority (SCSPA) board of directors today approved an additional $12.9 million to pay its share of the escalating cost of the Inland Port at Greer, now estimated as high as $47.4 million.
The SCSPA share will top out at $39.9 million while Norfolk Southern’s cost remains fixed at $7.5 million. The design for the inland port is beyond 90 percent completion.
Original costs, before the engineering study last summer, were estimated at $27 million.
Stuck in the middle of the increasing costs is $900,000 for eminent domain for Nordic Cold Storage, a 40,000 square foot warehouse, situated on three acres. “We’ve taken action of condemnation and Nordic is opposing,” said Jim Newsome, President and CEO of the South Carolina Ports Authority. Newsome conducted a teleconference call with Upstate media to discuss the inland port’s progress.”
Fair, Jim. GreerToday.com 16April 2013.