CentrePort Canada Inc. (CentrePort) announced the distribution of a Request for Proposals (RFP) to support the development of CentrePort Canada Rail Park (the Rail Park).
CentrePort has issued the RFP with the intention of attracting a private sector development partner to finance the necessary infrastructure to bring the Rail Park to market.
“We commend CentrePort and its board of directors for seeking private sector input in this initiative to further develop these lands,” said Growth, Enterprise and Trade Minister Blaine Pedersen. “Manitoba is an excellent place for business to invest, build and grow. We will continue to work together with CentrePort and industry leaders to increase private sector investment in our province.”
The Province’s contribution to this project is its agreement to sell CentrePort 665 acres of land in CentrePort North (the RM of Rosser) once a preferred and viable development partner is selected and approved. The Province purchased this land from Canadian Pacific Railway (CP) in 2010, during land acquisition for CentrePort Canada Way. The RFP selection process will identify a preferred proponent based upon criteria that includes experience with industrial projects of this scale as well as the forecasted return on investment from the project.
“We look forward to finding an experienced development partner through this RFP so that we can break ground in 2019,” said Diane Gray, president & CEO of CentrePort. “The Rail Park is the signature project in realizing the community’s vision of a tri-modal inland port in Manitoba.”
Companies locating in the Rail Park will capitalize on CentrePort’s ideal central location and access to three Class I Railways. The site offers direct access to CP, and, through federal inter-switching rules, to Canadian National Railway and BNSF Railway. It also offers exceptional access to highways – with direct connections to CentrePort Canada Way and the west Perimeter Highway.
Given the size of the project, the Rail Park is expected to be developed in two phases. Phase One includes the construction of leads, switches and dispatch track as well as space for the industrial facilities that use this infrastructure. It may also include a common-use rail facility that provides shared rail and road infrastructure for future tenants. Phase Two is situated south of Omand’s Creek and will be connected to Phase One by rail and road infrastructure. It is well suited for larger industrial clients requiring on-site rail spurs and switching services.
“Over the last few years, we’ve seen an increase in client demand for rail-serviced industrial land,” said Martin McGarry, president & CEO, Cushman & Wakefield Winnipeg. “Combining industrial space with logistics infrastructure and services in the Rail Park will undoubtedly attract significant investment from rail intensive companies.”
CentrePort Canada is a 20,000-acre inland port and Foreign Trade Zone. Located in the heart of North America, CentrePort connects to major national and international trade gateways and corridors, and is the only inland port in the country with direct access to tri-modal transportation – extensive truck, rail and air cargo operations.
To date, 54 companies have either built or are building new operations at CentrePort. CentrePort is also working with private developers and companies on new investments on over 1,200 acres within the inland port that have been sold or conditionally sold over the past 12 months.
For more information contact Carly Edmundson, executive director, marketing & communications by phone at 204-293-3296 or by email at firstname.lastname@example.org.