New SeaPoint Deepwater Industrial Terminal Complex Announced in Savannah
Friday, October 13th, 2017
Dulany Industries and Greenfield Environmental Trust announced SeaPoint Industrial Terminal Complex. Georgia Governor Nathan Deal was on hand and gave remarks.
This landmark site features a mile-long private deepwater frontage along the main Savannah River shipping channel as well as class I rail service on-site and easy access to the Georgia Ports Authority and major interstates like I-95 and I-16. The site is build-ready and has heavy-duty utility infrastructure in place, including a 60,000-square-foot Research & Development building, roads, 30-45MW electricity, natural gas, steam, water treatment, fire protection and water, among many other assets. It is the synergies created by the combination of these core assets which sets this site apart and makes it unlike anything else on the East Coast.
Designed with a focus on unparalleled cost savings for manufacturers and logistics companies operating on the site and a commitment to environmental responsibility as a core value, SeaPoint has been hailed as one of the finest cross-utilized industrial developments in the United States.
Dulany Industries, the owner of SeaPoint, has a longstanding commitment to environmental remediation and the development of synergistic co-located industrial sites.
“Any company that locates at SeaPoint will enjoy significant advantages over their competition due to all of the in-place assets that this site offers,” said Reed Dulany, III, President and CEO of Dulany Industries, Inc. “There is nothing like it on the East coast.”
At its peak in the early 2000s, the SeaPoint site was home to the largest electrical consumer in Chatham County and employed more than 1,000 individuals with high-wage jobs.
“SeaPoint has the opportunity to bring this type of success back for our state, and our region,” Dulany explained, “but in the most environmentally responsible manner possible.”
Located on the site of the former Kemira plant in Savannah, Ga., SeaPoint Industrial Terminal Complex is the premier industrial deepwater site in the Southeast, offering significant co-location infrastructure savings, which can save companies up to 30 percent in build-out costs due to existing in-place assets as well as large ongoing operational savings through synergistic services. Shared services include use of an existing office complex, warehousing, security, rail, deep water terminal operations, by-product steam, logistical services, maintenance services and more.
In addition, a major industrial plant is already located on-site, which can provide companies with competitively priced key raw ingredients and low-cost steam -- products that are often essential to manufacturing. The mile-long deepwater frontage directly on the Savannah river opens up the opportunity for a myriad of logistical uses not to mention the existing bulk/break bulk dock and miles of railway on-site. The presence of these systems minimizes plant investment, working capital and transportation costs while ensuring a reliable supply of high-quality industrial raw materials.
“Manufacturers and logistical companies will have direct access to a comprehensive network of infrastructure services and unique assets not found anywhere else,” Dulany said. “Logistics companies can gain direct access to significant deepwater assets while manufacturing companies can benefit from these same logistical synergies as well as enjoy tremendous savings and ease of operations, allowing them to focus on their core business objectives.”
The creation of SeaPoint is the result of a highly collaborative effort between Dulany Industries, Greenfield Environmental Trust Group and the Trust’s beneficiaries, of which Georgia Environmental Protection Division acts as the lead agency. Greenfield Environmental Trust Group, a nationally recognized brownfield redevelopment company, took over the site after the Tronox bankruptcy in 2009 and has successfully shepherded it through a maze of issues to its ultimate goal of cleaning up the site and putting it back to productive use.
At the closing of the SeaPoint sale, Dulany Industries and Greenfield Environmental Trust Group also deeded 728 acres of tidal marshland to the State of Georgia, including 26 acres of upland property surrounding Old Fort Jackson that will provide a buffer for the historic nineteenth-century fort in perpetuity. SeaPoint’s plans also include a solar farm on-site, which is already under construction and directly ties into the company’s focus on environmental stewardship.