The collaborative plan outlines the port’s comprehensive, business-focused development plans that will carry the port forward for decades.
“As the largest economic engine of the region, we understand our role and responsibility to the community. Our master plan is the blueprint for the future and growth of Port Tampa Bay and for our partners,” said Paul Anderson, port president and CEO.
He added: “As we move forward in implementing the plans to grow our infrastructure, we will continue to be collaborative and thoughtful in building this port to its highest potential. We will also strive to be a great return on investment by fostering an environment that creates jobs and provides positive and lasting economic impact for generations to come.”
Port Tampa Bay already periodically reviews and updates its short- and long-range plans for growth and business development.
This is in order to keep in step with the economy and forecasts that cover many factors that impact the port’s diverse business lines, which include cargo, cruise and real estate activities.
The port also announced the results of a new economic impact study, which shows the port’s annual economic contribution of $17.2bn to the regional economy.
Alongside this, Port Tampa Bay has announced the opening of a new, multi-use cargo berth at the area known as Eastport.
The development at Eastport represents approximately 20 acres of man-made land that can now accommodates for additional cargo berthing activity.
It has been designed as an all-purpose berth and upland, capable of handling containers vessels, roll on/roll off activity and bulk materials handling—a perfect complement to the port’s diverse cargo profile and attractiveness to carriers of all types.