Port Canaveral Plans More than $134 Million in Capital Projects through 2017-18, Begins Harbor Expansion

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Researched by Industrial Info Resources (Sugar Land, Texas)--Florida's Port Canaveral, which plans to commit $134.5 million to capital improvement projects during the next three years, will kick off at least one project this quarter: the widening and deepening of its 400-foot-wide harbor.

The project, which has a total investment value of $35 million, will widen the harbor entrance to 500 feet, and deepen it by 2 feet to 46 feet, to increase capacity and safety for cruise and cargo ships. Construction is slated to kick off in May, with completion in the fourth quarter of 2015.

Port Canaveral is working with engineering firm CH2M (Pametto, Florida) and general contractors GLF Construction (Miami, Florida), which will perform uplands work, and The Dutra Group (San Rafael, California), which will perform dredging.

Port Canaveral's major capital projects extend through full-year 2017, with $99.5 million earmarked for improvements to the port, including:

• $24.5 million for a multi-modal terminal and marine highway rail barge project, which will involve the construction of a berth, and the installation of a transfer bridge and an at-grade crossing. The project is slated to kick-off in the fourth-quarter of 2015.
• $75 million for a rail line extension, which will involve the construction and operation of about 11 miles of rail, and the rehabilitation of about 17 miles of existing rail line.

The remainder of the $134.5 million capital budget is for channel development, cruise terminals, port security and other improvements, according to the port authority.

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