Port Authority – port land acquisition
Port authority meeting on port land capacity seeking to obtain additional land bank usage from adjacent underutilised US Navy facility.
Develop a proposal for the management of the adjacent land bank that would result in the port not having to invest capital by offering to manage and market land while still maintaining the Department of Defense’s requirement to deliver short term vacating of the site.
THE NET RESULTS:
Port did not have to lay out capital and could generate revenues for the Navy and itself and better serve clients.