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RailPort Logistics Mobile Receives CSX Select Site Platinum Designation

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CSX announced that the 500+ acre RailPort Logistics Mobile in Mobile, Alabama, has received a Platinum CSX Select Site designation. The development-ready property will feature nine industrial buildings, with four having CSX rail service. Scannell Properties plans to invest $15 million in transportation infrastructure upgrades, with 390 acres for development and 149 acres for conservation.

The site meets rigorous criteria including infrastructure availability, environmental reviews, and strategic location less than three miles from Interstate 10. Since 2012, CSX Select Sites have attracted manufacturers with projected capital investments of $17.7 billion and nearly 14,000 new jobs. This is the fourth site in Alabama to receive this designation.

CSX ha annunciato che il RailPort Logistics Mobile, che si estende per oltre 500 acri a Mobile, in Alabama, ha ottenuto la designazione di Sito Selezionato Platinum CSX. La proprietà, pronta per lo sviluppo, ospiterà nove edifici industriali, di cui quattro saranno serviti da ferrovie CSX. Scannell Properties prevede di investire 15 milioni di dollari in miglioramenti delle infrastrutture di trasporto, con 390 acri destinati allo sviluppo e 149 acri per la conservazione.

Il sito soddisfa criteri rigorosi, tra cui disponibilità di infrastrutture, revisioni ambientali e una posizione strategica a meno di tre miglia dall'Interstate 10. Dal 2012, i Siti Selezionati CSX hanno attratto produttori con investimenti di capitale previsti di 17,7 miliardi di dollari e quasi 14.000 nuovi posti di lavoro. Questo è il quarto sito in Alabama a ricevere tale designazione.

CSX anunció que el RailPort Logistics Mobile en Mobile, Alabama, ha recibido la designación de Sitio Seleccionado Platino de CSX. La propiedad, lista para el desarrollo, contará con nueve edificios industriales, de los cuales cuatro tendrán servicio ferroviario de CSX. Scannell Properties planea invertir 15 millones de dólares en mejoras de infraestructura de transporte, con 390 acres destinados al desarrollo y 149 acres para conservación.

El sitio cumple con criterios rigurosos, incluidos la disponibilidad de infraestructura, evaluaciones ambientales y una ubicación estratégica a menos de tres millas de la Interestatal 10. Desde 2012, los Sitios Seleccionados de CSX han atraído a fabricantes con inversiones de capital proyectadas de 17.7 mil millones de dólares y casi 14,000 nuevos empleos. Este es el cuarto sitio en Alabama que recibe esta designación.

CSX는 앨라배마주 모바일에 위치한 500에이커 이상의 RailPort Logistics MobileCSX 플래티넘 선정 사이트로 지정되었다고 발표했습니다. 개발 준비가 완료된 이 부지는 9개의 산업 건물을 특징으로 하며, 그 중 4개가 CSX 철도 서비스를 이용할 수 있습니다. Scannell Properties는 교통 인프라 개선에 1,500만 달러를 투자할 계획이며, 개발을 위해 390에이커, 보존을 위해 149에이커를 할당할 것입니다.

이 사이트는 인프라 가용성, 환경 검토 및 10번 고속도로에서 3마일 이내의 전략적 위치 등 엄격한 기준을 충족합니다. 2012년 이후, CSX 선정 사이트는 177억 달러의 예상 자본 투자와 거의 14,000개의 새로운 일자리를 창출하며 제조업체를 유치해왔습니다. 이로써 앨라배마에서 이 지정 이름을 가진 네 번째 사이트가 탄생했습니다.

CSX a annoncé que le site de plus de 500 acres RailPort Logistics Mobile à Mobile, Alabama, a reçu la désignation de Site Sélectionné Platine CSX. La propriété, prête au développement, comprendra neuf bâtiments industriels, dont quatre seront desservis par le service ferroviaire CSX. Scannell Properties prévoit d'investir 15 millions de dollars dans des améliorations de l'infrastructure de transport, avec 390 acres destinés au développement et 149 acres à la conservation.

Le site répond à des critères rigoureux, notamment la disponibilité des infrastructures, les évaluations environnementales et une localisation stratégique à moins de trois miles de l'Interstate 10. Depuis 2012, les Sites Sélectionnés CSX ont attiré des fabricants avec des investissements de capital projetés de 17,7 milliards de dollars et près de 14 000 nouveaux emplois. C'est le quatrième site en Alabama à recevoir cette désignation.

CSX hat bekannt gegeben, dass das über 500 Hektar große RailPort Logistics Mobile in Mobile, Alabama, die Auszeichnung als Platin CSX Ausgewählter Standort erhalten hat. Das entwicklungsbereite Grundstück wird neun Industriegebäude umfassen, von denen vier über einen CSX-Bahnanschluss verfügen. Scannell Properties plant, 15 Millionen Dollar in Verbesserungen der Verkehrsinfrastruktur zu investieren, wobei 390 Hektar für die Entwicklung und 149 Hektar für den Naturschutz vorgesehen sind.

Der Standort erfüllt strenge Kriterien, darunter die Verfügbarkeit von Infrastruktur, Umweltprüfungen und eine strategische Lage, die weniger als drei Meilen von der Interstate 10 entfernt ist. Seit 2012 haben die CSX Ausgewählten Standorte Hersteller mit voraussichtlichen Investitionen in Höhe von 17,7 Milliarden Dollar und nahezu 14.000 neuen Arbeitsplätzen angezogen. Dies ist der vierte Standort in Alabama, der diese Auszeichnung erhält.

Positive
  • Strategic location near Port of Mobile and Interstate 10 access
  • Projected $15 million investment in transportation infrastructure
  • Part of a program that has attracted $17.7 billion in investments
  • Four buildings will have direct CSX rail service
Negative
  • None.

Insights

The designation of RailPort Logistics Mobile as a Platinum CSX Select Site represents a strategic expansion of CSX's logistics capabilities. The 500+ acre development, with $15 million planned infrastructure investment by Scannell Properties, strengthens CSX's competitive position in a key growth market. Historical data shows Select Sites have attracted investments projected at $17.7 billion and created nearly 14,000 jobs since 2012.

The Mobile location offers significant strategic advantages: proximity to the Port of Mobile, access to Interstate 10 and integration with CSX's rail network. The development's planned nine industrial buildings, with four having direct rail service, positions CSX to capitalize on the region's industrial growth and increased port activity. This infrastructure investment aligns with broader economic trends showing increased demand for multimodal logistics facilities.

JACKSONVILLE, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that the 500+ acre RailPort Logistics Mobile in Mobile, Alabama, has been designated as a Platinum CSX Select Site.

Select Sites are development-ready properties along the CSX network where standard land use considerations and comprehensive due diligence items have been previously addressed. These properties can meet the needs of a wide variety of manufacturers, significantly reducing the time required to construct industrial facilities and ultimately bringing products to market.

Mobile is a hotspot for industrial growth with the recent expansions at the Port of Mobile. The 500+ acre RailPort Logistics Mobile park is ripe with opportunities for industrial users who need to harness the benefits of rail and proximity to the port. The property is less than three miles from two separate interchanges on Interstate 10.

In the initial phase of the development, Scannell Properties will focus on approximately 390 acres. Approximately 149 acres are to be set aside for conservation and the remainder is planned for nine industrial buildings, at least four of which will have rail service by CSX. Further, Scannell Properties has plans to invest approximately $15 million for transportation infrastructure upgrades that will also benefit the neighboring Todd Acres Industrial Park.

CSX introduced the Select Site program in 2012 to better serve new and existing customers on its network and those of its short line partners. CSX works with Austin Consulting, a nationally known site-selection consulting firm, to screen candidate sites and assist communities with the application and certification process.

To receive the Platinum CSX Select Site designation, the location must meet a rigorous list of criteria, including infrastructure and utility availability, environmental reviews, appropriate zoning and entitlement, air quality permitting, rail serviceability, proximity to highways or interstates, and other attributes.

Since their roll out in 2012, Select Sites have attracted dozens of manufacturers, with capital investments projected to reach $17.7 billion and realize nearly 14,000 new jobs.

The RailPort Logistics Mobile site is now the fourth site in Alabama to have received the Platinum CSX Select Site designation since 2012. This property is one of 28 properties across CSX’s service territory to have met this rigorous site selection criteria over the program’s history.

Quotes

“Alabama and the Gulf Coast are critical to our day-to-day operations as we connect communities across our vast rail network to the global marketplace. The Select Site in Mobile will help drive economic growth locally, create jobs, and offer innovative logistics solutions to the communities in which we live and work.” – Christina Bottomley, CSX, Vice President of business development and real estate

“Austin Consulting has been impressed with the responses we received during this site vetting process. Policies in place at the city and county level have created a true business-friendly environment. Further, while many regions across the country have limited capacity for one or more utilities, Mobile can meet the utility demands of almost all industry sectors.” – Jonathan Gemmen, Austin Consulting, Senior Director

“Having a designated Platinum CSX Select Site in our city underscores Mobile’s reputation as a growing logistics hub that can serve any industry. With a thriving deepwater shipping port, five Class 1 railroads, two major interstates, and an international airport, we are well-equipped to meet the needs of any manufacturer looking to thrive in this region. We are grateful to industry leaders like Scannell Properties and CSX for their commitment to supporting continued economic growth in our community. Together, we are paving the way for new opportunities, new jobs and a brighter future for Mobile.” – Mayor Sandy Stimpson, City of Mobile

“RailPort Logistics Mobile being named a Platinum CSX Select Site acknowledges Scannell Properties’ commitment to best practices in facility development and operations. It’s another plus for Mobile County’s growing logistics infrastructure,” – Randall Dueitt, Mobile County Commission, President

"The Platinum CSX Select Site designation for RailPort Logistics Mobile is a tremendous milestone for our region. This recognition further solidifies Mobile’s position as a premier destination for industrial development, providing manufacturers with the infrastructure and logistics they need to succeed in today’s market.” – Bradley Byrne, Mobile Chamber, President and CEO

“Scannell is thrilled to announce this commitment to Alabama's future growth and to bring real estate solutions not only to the local market, but to the international supply chain. We look forward to a continued and fruitful partnership with the Port Authority, the State of Alabama, the City of Mobile, and Mobile County.” – Bob Scannell, Scannell Properties, President and Co-Founder

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on X, formerly known as Twitter (http://twitter.com/CSX).

Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515

Austin Staton, Media Relations
855-955-6397


FAQ

What is the size of the RailPort Logistics Mobile CSX Select Site?

The RailPort Logistics Mobile CSX Select Site spans over 500 acres, with approximately 390 acres planned for development and 149 acres set aside for conservation.

How many buildings will have CSX rail service at RailPort Logistics Mobile?

At least four of the nine planned industrial buildings will have rail service provided by CSX.

How much is Scannell Properties investing in infrastructure at the CSX Select Site?

Scannell Properties plans to invest approximately $15 million for transportation infrastructure upgrades that will benefit both RailPort Logistics Mobile and the neighboring Todd Acres Industrial Park.

How many CSX Select Sites are there in Alabama?

RailPort Logistics Mobile is the fourth site in Alabama to receive the Platinum CSX Select Site designation since 2012.

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