Infrastructure - NOVEMBER 30, 2021

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Capital Development Partners to develop 135 acres for $250m port logistics infrastructure

by Released

Capital Development Partners has acquired 135 acres adjacent to SC Ports' Hugh K. Leatherman Terminal in North Charleston, S.C., for the development of high-speed port logistics infrastructure to serve import and export customers. Massive demand for modern logistics facilities on the East Coast is fueled by the booming Southeast consumer base, emerging ecommerce economy and supply chain bottlenecks created by the pandemic.

Shipyard Creek Logistics Center, a modern industrial park adjacent to a world-class deep-water port will include cross-dock terminals, container storage, high velocity warehousing and logistics support facilities. Total project investment is expected to exceed $250 million, create 200 direct jobs and thousands of indirect jobs while serving customers throughout the East Coast.

"Shipyard Creek Logistics Center is an opportunity to develop and invest in one of the most efficient logistics facilities in the United States. North Charleston and the state

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