Construction of dual carrier, unit train access through the existing port facilities and into the new Terminal 5 (west end unit train capacity). Includes new rail infrastructure within existing facilities, and new track at Terminal 5.
Why are we Building This Project?
The Port of Vancouver is an economic engine providing $1.6 billion in regional economic benefits, supporting 15,580 jobs, $763.6 million in personal income, and $81.8 million in state and local taxes to the region and state.
Current rail movements into and out of the Port of Vancouver, USA, cross over the main north-south rail corridor of the West Coast that links Canada, the United States and Mexico. Freight and container traffic from ports north and south of the Port of Vancouver are affected by this chokepoint. With the mainline freight and passenger growth projected to at least double by 2025, this project, in conjunction with the WSDOT Vancouver Bypass Project, is anticipated to reduce delays at the Vancouver Wye in 2025 by 40% over 2005 congestion.
The City of Vancouver is proceeding with a large mixed use project to revitalize the Vancouver Waterfront along the Columbia River. The West Vancouver Freight Access project resolves critical rail service issues in the waterfront area allowing the redevelopment efforts to commence. In addition, the WSDOT Vancouver Bypass Project, a passenger rail improvement, is underway and the West Vancouver Freight Access Project is integral to completion of the final phase of this project. When both projects are complete a 40% reduction in delays (over 2005 congestion) will be realized at the Vancouver Wye, a critical juncture in the mainline rail system.
As part of the rail improvements at the Wye, significant safety measures will be included to ensure other rail users and pedestrians are protected from increased freight movements. Removal of several at grade crossings, will also reduce wayside horn noise in the downtown Vancouver vicinity. This project is critical to the future economic growth of the Southwest Washington region. In addition, with the rail service resolved the Vancouver waterfront redevelopment project will eventually bring over $1 billion in private investment to downtown Vancouver.
The rail project will allow the Port of Vancouver and the region to support existing and planned freight volumes. Existing tenants and customers of the Port are experiencing growth and will require additional rail access and service. The rail project combined with future development of the newly acquired 200+ acre former Alcoa Smelter site and of 550+ acres of additional marine and industrial properties, is expected
o to yield 3,000 – 4,000 new rail-dependent jobs,
o to nearly double local and state tax revenues, and
o to attract millions in new private investment.
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