HERSHEY, Neb. — Nebraska officials will provide $30 million toward construction of a rail-served industrial park near North Platte, Neb., backers of the project have learned.
The North Platte Telegraph reports the North Platte Area Chamber & Development Corp. was informed Wednesday that it has qualified for the state funding by securing local commitments of $7.5 million for the rail park, which will be near Union Pacific’s Bailey Yard in North Platte.
The chamber has purchase options on 300 acres of land for the project, almost all of it between UP’s main line and U.S. Route 30, and is working to purchase a former Greenbrier Rail Services building and rail spur and include it in the project. Chamber CEO Gary Person told the newspaper no real estate will change hands until the first tenants are secured.
Discussions about the rail park began more than two years ago [see “Trains News Wire Digest …,” March 2, 2020]. Officials in Lincoln County will now consider the prospect of creating an “inland port authority” to develop and operate the industrial park.
