Transcript The Phoenix Terminal at Texas City

TCPHX Site Location
Tex Tin Site History
• 130-acre property
• US government
World War II tin
production
• Subsequent smelting
operations
• 1991 – Site closed
• 2000 – Remediation
begins
TCPHX Redevelopment Opportunity
• Ideal location
for an
intermodal yard
• Close to TCIT
container port
• Rail access to
the site
• Major highway
access to the
site
Conceptual Redevelopment Plan
Conceptual Redevelopment Plan
Full Service Truck Stop
Multi Use Area
•
•
•
•
•
Warehouse Distribution
Freight Forwarder
LCL Repackaging
Bonded Customs Warehouse
Non-Vessel Operating
Common Carrier
• Truck/Trailer/Container/Refer
Repair & Wash
Intermodal Truck to
Rail Transfer Yard
Container Storage Yard
Disposal Cell
No Construction
Wah Chang Ditch
The Economic Challenge
Texas City has a consistently higher unemployment rate
than national and state averages
12
Unemployment (%)
10
8
6
4
2
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Texas C ity
Texas
United States
Employment Opportunities
Average
Hourly
Rate
Employment
Travel Center
60
$16.50
Intermodal Yard
243
$34.43
Short-haul truckers
172
$28.00
6
$50.00
65
$50.00
Office/Warehouse
275
$24.45
Office
225
$25.00
50
$22.00
Rail
Other
Warehouse
Total Direct Employment
Average Wage
578
$27.82
New Jobs
• TCPHX will generate 578 direct jobs and 289 indirect
jobs
• TCIT will generate 660 direct jobs and 1,340 indirect
jobs
• Together the new container shipping, intermodal
transfer, and related support industries will create 1,238
direct and 1,629 indirect jobs
• A total of 2,867 new jobs will be created in the Texas
City area
Revenue and Tax Estimates
SALES REVENUES
Non-Fuel Sales Revenue
Fuel Sales Revenue
Total Sales Revenue
SALES TAX REVENUE
Amount
$3,000,000
$20,000,000
$23,000,000
Amount
$247,500
Non-Fuel Tax
Local
$60,000
State
$187,500
Fuel Tax
$3,826,087
State
$1,739,130
Federal
$2,086,957
Total Sales Taxes
PROPERTY TAX REVENUE
$4,073,587
$1,673,000
Proposed TCPHX Utility Extensions
Concept-to-Operation Schedule
Summary
• Best and highest use of the former Tex Tin
Superfund Site
• Maximizes new employment opportunities
in the region; creates 2,867 new jobs
• Generates over $4 million in new sales
taxes annually
• Attracts public and private sector
investment opportunities
• Optimizes TCIT port capabilities