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Freeport Texas Site for New VW Vehicle Terminal
1,000’s of Volkswagen will soon be finding their way to the new Gulf Coast Vehicle Terminal slated for Freeport Texas. PRP Real Estate has formed a joint venture with KDC of Dallas to build the new Gulf Coast Vehicle Terminal for Volkswagen Group of America (VWGoA). The new Gulf Coast hub, once completed, will sit on 120 acres. The project is expected to break ground later this year and will be operational in early 2024. Total project cost is estimated to be $114 million.
When completed, the facility will include several service buildings totaling over 200,000 square feet and asphalt parking for over 16,000 vehicles, trucks, and railcars. The property will enable Volkswagen to import approximately 140,000 vehicles per year from its production hubs in Mexico and Europe, serving nearly 300 retail dealers in the United States.
Freeport, and its port is located adjacent to the Intracoastal Waterway and offers ships a quick transit of about one hour to the Gulf of Mexico’s deep water. Today, Port Freeport manages over 30 large vehicle ships a month.
- ◦Development