BROWARD COUNTY, FL - CG/LA Infrastructure Inc. awarded Port Everglades' 20-Year Master/Vision Plan its 2014 Projects of the Year Award for Job Creation during the 6th Annual North American Strategic Infrastructure Leadership Forum in Washington, D.C. The national awards were selected from an initial list of 400 projects valued at $370 billion.
An estimated $1.6 billion in infrastructure improvements are planned for Port Everglades by the year 2033. The three most critical projects – extending the Southport Turning Notch by an additional 1,500 feet to add up to five new cargo berths, deepening the navigational channels to 48 feet (+1’+1’) and launching a new intermodal freight rail facility in partnership with the Florida East Coast Railway – are estimated to create 7,000 new regional jobs and support 135,000 new jobs statewide when operating at full capacity.
“CG/LA celebrates transformative visions that lead to opportunity creation and economic progress,” said CG/LA President and CEO Norman F. Anderson. “The Port Everglades 20-year Master Plan represents a manifestation of the long-term strategic thinking and collaboration necessary for embracing growth in North America.”
The Plan, originally adopted in 2008, is updated every 2-3 years to keep pace with market trends. The Broward County Board of County Commissioners, which governs the Port as a self-funded enterprise fund, approved the latest update to the Plan in June 2014.
“We are honored that CG/LA Infrastructure awarded Port Everglades with this prestigious honor, especially because it recognizes that port growth and productivity have a direct, positive impact on livelihoods and economic stability,” said Port Everglades Chief Executive and Port Director Steven Cernak.
About Port Everglades
As one of South Florida’s leading economic powerhouses, Port Everglades is the gateway for international trade and cruise vacations. Already Florida’s leading container seaport and among the three busiest cruise ports in the world, Port Everglades is also South Florida’s main seaport for receiving petroleum products including gasoline, jet fuel and alternative fuels. The Port Everglades Department is a self-supporting Enterprise Fund of Broward County government with preliminary unaudited operating revenues of approximately $153 million in Fiscal Year 2014 (October 1, 2013 through September 30, 2014). It does not rely on local tax dollars for operations. The total value of economic activity at Port Everglades is approximately $26 billion. More than 202,000 Florida jobs are impacted by the Port, including 11,433 people who work for companies that provide direct services to Port Everglades. For more information on Port Everglades, which is governed by the Broward County Board of County Commissioners, go to porteverglades.net or e-mail PortEverglades@broward.org.
DATE: November 26, 2014
MEDIA CONTACT: Ellen Kennedy, Assistant Director
Business Development Division/Communications