ARDMORE, Okla. — Watco will be one of the partners in a $124 million project to turn the Ardmore Industrial Airpark into a multimodal logistics facility with more than 200 acres available for transloading, warehousing, distribution, and manufacturing.
The Global Transportation & Industrial Park of Oklahoma, or GTIP, iis n the heart of the Chicksaw Reservation and about 90 minutes from both Oklahoma City and Dallas-Fort Worth. It will have direct rail access to a BNSF Railway main line, an airport with 9,000- and 5,400-foot runaways, and access to five major highways.
Other partners in the project under a lease agreement between owner Ardmore Development Authority and WP Global Holdings, LLC — a public-private partnership created to develop the airpark — are Knightsbridge Partners and Chicksaw Nation.
“The GTIP site uniquely responds to customer needs, offering direct and uncongested access to air, rail, and roadways from a location tenants can tailor to suit their requirements,” Watco CEO Dan Smith said in a press release. “We are excited about creating GTIP as a customizable, centrally located manufacturing and logistics hub that will give current and prospective customers new, virtually unlimited connectivity to regional, national, and global markets.”
More information is available at the GTIP website.
Nice effort, but they’ll need a 10,200-ft runway for heavy aircraft.