Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage

Page created by Eddie Gutierrez
 
CONTINUE READING
Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage
Port Authority of Kansas City, Missouri
Kansas City at a Glance
• Largest railway hub in U.S. by tonnage
• Interconnections of Primary Rail Corridor that spans the U.S. from east to west, with the Main Corridor
  extending from Canada to Mexico (NAFTA Railway)
• Third largest trucking hub in the U.S.
• Largest air cargo hub in the surrounding six-state area
• Nation’s largest navigable inland waterway – Missouri/Mississippi River system
• Highly motivated, well-educated workforce with a strong work ethic

A Strategic Industry Partner
The Port Authority of Kansas City is a key player in strategically positioning Kansas City as one of the most
powerful intermodal inland ports in the United States.

The Port Authority’s mission is to enhance the economic vitality of Kansas City through transportation, trade,
commerce and development.

                                                         Zoraya Lara, Director of Strategic Initiatives
                                                         zlara@kcportauthority.com
Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage
Port Authority of Kansas City, Missouri
Port Authority Initiatives
Distribution Center/Waterways Connectivity: Strategically centralized warehousing or
distribution center (CenterPoint-KCS Intermodal and Richards-Gebaur Commerce Park) adjacent to the Kansas
City Southern rail line and with direct access to major interstates.

Additionally, a one-of-a-kind waterway potential (the Port of Kansas City) with connectivity to the Missouri and
Mississippi Rivers directly connecting to 21 states.

Financing Capabilities: Distribution centers located in Foreign Trade Zone. The Port Authority also has
the capability to enable PIDs to collect sales, property or use taxes and provide conduit financing through
industrial revenue bonds. Further a capital lease structure can be established for property tax exemption.

All of these assets and tools can result in significant savings for commerce related
industries looking for the right location, connectivity, and financial tools.

                                                             Zoraya Lara, Director of Strategic Initiatives
                                                             zlara@kcportauthority.com
Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage
Port Authority of Kansas City, Missouri
Transportation:
Whether by highway, water, rail or air, Kansas City offers excellent transportation advantages. Due to its central location
and outstanding multimodal infrastructure, it is easier and more cost-efficient to ship into and out of Kansas City. This
centrality and access to great infrastructure makes CenterPoint-KCS Intermodal, Richards-Gebaur Commerce Park and
the Port of Kansas City ideal locations for warehouses and distribution centers.

                                                          Transportation

                                   Land                               Water                          Air

                    Railway:           Warehouseing &                                        Airport: Kansas
                   Kansas City           Distribution            MO/MS River:                       City
                    Southern                Center:                                            International
                                                                 Port of Kansas
                   Intermodal          CenterPoint-KCS                                        Airport moves
                                                                      City
                                        Intermodal and                                        more air cargo
                                       Richards-Gebaur                                          than any air
                                       Commerce Park                                          center in a six-
                                                                                               state region.

                                                               Zoraya Lara, Director of Strategic Initiatives
                                                               zlara@kcportauthority.com
Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage
Port Authority of Kansas City, Missouri
Transportation:
Strategically located in Kansas City, CenterPoint-Kansas City Southern Intermodal Center and Richards-Gebaur
Commerce Park are:
• Center of America’s Heartland, providing user access to numerous
  Midwestern cities
• Adjacent to new Kansas City Southern Rail Lines
• Close to two full interchange access points on I-49
• Within two-day drive by truck to 78% of U.S. population
• 370-acre intermodal facility
• 940-acre industrial park
• Fully improved sites with infrastructure complete
• Offsite storm water detention
• Building from 30,000 – 1,000,000+ sq.-ft.
• Built-to-suit properties for sale or lease
• Minimum drayage expenses
• Foreign Trade Zone
• Missouri Enhanced Enterprise Zone

                                                             Zoraya Lara, Director of Strategic Initiatives
                                                             zlara@kcportauthority.com
Port Authority of Kansas City, Missouri - Kansas City at a Glance Largest railway hub in U.S. by tonnage
Port Authority of Kansas City, Missouri
Transportation:
The Port of Kansas City – Woodswether Terminal is located on the Missouri River Marine Highway M-70 and M-29, less
than one mile from downtown Kansas City, Missouri. With expansive storage and multi-modal distribution solutions for
diverse cargoes, the Port of Kansas City serves as a critical link to the supply chain. Inbound barge loads can be
transloaded to trucks for local distribution and inbound truck loads transferred to barges for domestic and international
markets.
             Terminal and Warehouse Specifications:
             Machinery      100-ton crane
             Storage        55-000 sq.-ft closed storage
                            50,000 sq.-ft outside storage
             Barging        Truck-to-barge
                            Barge-to-truck
             Trucks         Access to Interstates 35,70/670, 435, 635, 29, 470, 49/71, US
                            Highways 24, 69.
             Rail           Union Pacific Mainline switch currently in negotiations.
                            Kansas City Southern rail line at Richards-Gebaur Commerce
                            Park (13 miles south)

                                                        Zoraya Lara, Director of Strategic Initiatives
                                                        zlara@kcportauthority.com
Port Authority of Kansas City, Missouri
Trade Financing Tools:
EB-5 Investment:                                     Port Improvement District:                             Capital Lease Structure – Up to
The Port Authority is well positioned to be          The Port Authority has the authority to create a       100% Property Tax Exemption:
marketed in an EB-5 application due to several       Port Improvement District (“PID”) for the              •   Port Authority holds title to project – can be
active projects than can be ready for investments.   collection of sales, property or use taxes. This           personal or real property
                                                     taxing district, or PID, will generate revenues that   •   Port Authority leases project back to
Possible Port Authority Projects for                 may be used for any and all identified needs for           developer
Investment:                                          the development of the identified area.                •   Developer constructs the project as an agent
• Richards-Gebaur Commerce Park –                                                                               to the Port Authority, to realized sales tax
   Intermodal Facility                               Such purposes include, but are not limited to,             savings on construction materials.
• Port of Kansas City – Multimodal Inland            maintenance, tenant improvements, infrastructure       •   Developer may have opportunity to purchase
   Waterway Port                                     construction, repair or replacement and securing           the project anytime during or at the end of
• Riverfront Development – 55-acre Multi-use         bonding mechanism.                                         lease term
   development adjacent to Kansas City’s                                                                    •   Tax exemption cannot be extended to
   Central Business District                         Benefits:                                                  developer after project purchase
• Hardesty Federal Complex (Owned by Asian           • Within the boundaries of the PID, a maximum          •   Savings of State and Local sales tax on
   American for Equality (AAFE)) – 500,000+             of a 1% tax can be levied in the form of either         construction materials.
   Sq-Ft of development for a food hub                  a sales use tax or a real property tax;
   operation.                                        • Proceeds from the collected PID taxes can be         Project Example:
                                                        used for specific types of projects in              • $40M construction project
                                                        furtherance of the area within the boundaries       • 35% of construction material costs ($14M)
                                                        of the PID                                          • Average metro sales tax of 8.21%
                                                     • Collected PID taxes can be used to service           • Estimated sales tax savings of $1.15M.
                                                        bonds issued by the Port Authority to finance
                                                        approved projects.

                                                             Zoraya Lara, Director of Strategic Initiatives
                                                             zlara@kcportauthority.com
You can also read