Forward momentum continues for Port of Port St. Joe

Published: Thursday, June 27, 2013 at 09:38 AM.

The LOI between The St. Joe Company and Enova Energy Group, as with Green Circle, is contingent upon the Port of Port St. Joe receiving funding to complete maintenance dredging of the shipping channel.

"Adequate infrastructure is paramount to bringing new business and jobs to Northwest Florida," said Park Brady, CEO for The St. Joe Company. "The prospective rail improvements to the AN Railway are critical to open doors for economic development for the Port of Port St. Joe and surrounding areas. The last major hurdle to an operational port and new jobs is the necessary dredging improvement to the shipping channel."

Those rail improvements would be funded by a $5 million grant from the Florida Department of Transportation. That grant was secured, but is currently on hold pending further state review.

The FDOT has made available to the Port of Port St. Joe a $750,000 grant for the engineering and permitting of dredging of the ship channel.

That grant comes with a $250,000 local match and the Port Authority and St. Joe Company are working on the details of that local match.

In addition, some $400,000 in federal funds is available for the engineering and permitting work.

"We will continue to push for funding to complete the dredging of the channel so that this opportunity and other future growth can come to fruition and create good jobs for the area," said state Rep. Halsey Beshears, who represents Gulf County.

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