Port of Los Angeles to Expand with New Pier 500 Terminal for Largest Ships
The Port of Los Angeles is set to expand with a news-breaking container terminal, Pier 500. This project, spanning 200 acres along the Pier 400 channel, will feature two berths and 3,000 feet of wharf, with a berth depth of 55 feet and channel depth of 53 feet. The port has invited expressions of interest for the development, with no contract awarded yet.
The new terminal aims to accommodate the world's largest container ships, increasing efficiency. It is expected to take a decade to complete, including necessary environmental assessments. Los Angeles, together with Long Beach, handles over 20 million TEUs annually, making it the busiest U.S. container gateway. Only two other standalone container terminal projects, Louisiana International Terminal and Sparrows Point Container Terminal, are currently in development in the U.S. The project seeks proposals for a pre-development agreement to assess its financial feasibility and other requirements.
The Port of Los Angeles is committed to creating a clean, efficient, and sustainable terminal. Upon completion, Pier 500 is expected to generate new jobs in the community.
The Port of Los Angeles is investing in the future with Pier 500, a new container terminal designed to handle the world's largest ships. With environmental assessments and financial feasibility studies underway, this project promises to enhance efficiency and create jobs, further solidifying Los Angeles' position as the busiest U.S. container gateway.
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