The report, released last week, details different uses for a 60-acre stretch of San Diego Bay waterfront property now occupied by aging marine auto-import terminals. Redevelopment of the property has drawn attention from the port authority to boost the port's capacity as well as drawn the eye of developers wanting to build a new waterfront football stadium for the San Diego Chargers.
The report recommends that the existing cargo facilities should be renovated, pointing to the potential loss of jobs if the cargo facilities were replaced by recreational uses such as the stadium. The loss of the facilities, according to the report, would cost the area more than 1,800 existing and potential jobs, $160.8 million in yearly local income, and $135.5 million in lost revenue to the facilities' operators. The $350,000 report, prepared by Virginia-based TEC Inc., also found that removing the cargo facilities would cost the region $6.9 million in local spending by terminal operators and $17.4 million in tax revenue per year.
The port authority plans to gather input from business, government and community groups before formally considering any of the projects outlined in the report in January. Despite the report findings, the authority is not committed to choosing one of the long-range scenarios. The report also forecasted that even if nothing is done, cargo at the Port of San Diego would increase from 3.5 million to roughly 6 million tons of imports per year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now