Cheyenne logistics hub ready for development
A new freight transportation hub is planned for development in Cheyenne, Wyo., starting in the spring of 2010.
The Cheyenne Logistics Hub has been in the works for several years, according to Granite Peak Development, which has teamed up with the McMurry family to develop 1,500 acres of industrial land along interstates 25 and 80.
A company specializing in the manufacture of pipe coating has entered into an agreement with the Cheyenne Logistics Hub because of the property's rail access. The Union Pacific Railroad borders the hub on the west side and BNSF Railway borders the property to the south and east.
With the help of Laramie County and Cheyenne LEADS, an economic development organization, a $3 million business grant is in process.
Granite Peak Development said when the grant is approved in April 2010 construction on roads and water utilities will begin immediately. The overall project costs will exceed $10 million for the Cheyenne Logistics Hub.
The pipe coating maker will be the first business to locate at the hub, occupying 55 acres. The facility is expected to be fully operational in about 12 months.
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Several other companies have expressed interest in the hub. 'This facility will enable businesses unprecedented access to two Class 1 railroads as well as I-25 and I-80. The proximity to Colorado front range and I-70 is also a bonus,' said Rich Fairservis, principal of the Cheyenne Logistics Hub.
The hub is expected to attract shippers of condensate, sand, gravel, petroleum products, wind turbine components, lumber and pipe.
The hub will include a trans-loading facility with a third party provider and will partner with the Bighorn Divide & Wyoming Railroad to operate the facility. The railroad currently runs three short line rail yards throughout Wyoming, one of which is the Casper Logistics Hub located in the center of the state.
The Casper Logistics Hub, which is also owned by partners in Granite Peak Development, opened for service in May 2009 and started by handling shipments of wind turbine components en route to a wind park in Glenrock, Wyo.