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Rail Freight Giant Pushing for NW Phoenix Intermodal Hub
If built, the BNSF Logistics Park Phoenix would represent a $3.2 billion investment in an operations center on 4,300 acres. Intermodal train hubs can decrease expenses, improve freight transportation between major markets and take hundreds of trucks off the road.
In addition to intermodal services, the complex will bring 18 million square feet of new warehouse space and 1,100 acres of rail-served land to metro Phoenix.
At stake is an estimated $245 million in annual tax revenue for Arizona, Maricopa County, schools and other local districts. At buildout, the project is expected to see $7.2 billion in total economic activity annually and create tens of thousands of direct and indirect jobs. BNSF currently employs about 1,550 people and covers about 592 route miles of rail across Arizona.
If the initiative keeps passing planning board hurdles, the Board of Supervisors will vote on December 11.
- ◦Development