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MARAD 23-04
Contact: Wes Irvin, Tel: (202) 366-5807
Wednesday, October 20, 2004

U.S. Deputy Maritime Administrator John Jamian Witnesses Firsthand Economic Growth At River’s Edge
Maritime Official Cites Land Transfer As Setting Stage for Growth of the Tri-City Regional Port and the Local Economy

GRANITE CITY, Ill -- U.S. Deputy Maritime Administrator John Jamian toured the Tri-City Regional Port District today to see first hand how the Port district and local economy have directly benefited from the development of the River’s Edge property that was transferred to the port from the U.S. Maritime Administration.

The Maritime Administration arranged for the transfer of the land, formerly known as the Charles Melvin Price Support Center, to the Port District in 2002. Prior to the land transfer there were only ten port district tenant companies and now the Tri City Regional Port has over 60 companies leasing property. Additionally, there are over 400 people employed at River’s Edge and it is estimated that an additional 700 will be hired in the future.

“The numbers speak clearly of the success and growth that has occurred right here at the Tri-City Regional Port and River’s Edge since this land was transferred,” said Jamian. “The land transfer has been the spark for success and growth at the port. This is another outstanding example of how the U.S. Department of Transportation and Maritime Administration work directly with local communities to help move the American economy forward.”

The 500-plus acre parcel of land was originally part of the Charles Melvin Price Support Center, a U.S. Army facility that was closed through the base closure process. The Port sought this transfer to expand their below-lock operations and increase the movement of goods from the port to the lower Mississippi. The land was transferred to the Tri-City Regional Port through the Maritime Administration’s Port Conveyance Program. The development of this property will be completed in four phases.

During his tour, Jamian noted that the land transfer has allowed for the increase in the movement of goods from the Port District to the lower Mississippi. Furthermore, the transfer has directly supported additional rail, roadways, infrastructure, new facilities and facility expansions allowing for cost-effective growth in the Port’s material handling capacity

The port is minutes from downtown St. Louis, Missouri and offers direct access to the Mississippi River, barge, rail, and highway transportation. The location ensures transportation services to all parts of the United States and the world.

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