The Port of Los Angeles (LA) has started seeking proposals for interested parties to participate in the pre-development of Pier 500, a proposed new stand-alone container terminal along the Pier 400 Channel.
The selected entity would enter into a public-private pre-development agreement with the port to scope the project’s financial feasibility, procure entitlements and handle other requirements needed before implementation and build-out of the project.
Gene Seroka, Port of LA executive director, said: “For the first time in a generation, the Port of Los Angeles plans to build a new container terminal to meet global supply chain demand for decades into the future.
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