A new high-speed rail project is gaining traction, having reached a 50% milestone in development capital this month and will move forward with engineering and pre-construction with the announcement of its design-build development partnership.
Officials with Yuhuang Chemical Inc. held a ceremonial groundbreaking ceremony on September 18 for a $1.85 billion ethanol plant to be constructed in Vacherie, La. The project is Yuhuang's first investment outside of mainland China and the largest investment by a Chinese company in the Gulf Coast. The company closed on the purchase of 1,300 acres on River Road last month and recently signed key design, engineering and construction contracts. The first two phases involve the construction of two separate methanol plants with a combined annual capacity of 3 million metric tons. The third phase will construct a methanol derivatives plant.
Hazelwood Energy announced in late-September that it will construct a $400 million crude oil storage and blending complex in St. Landry Parish, La. The facility is designed and will be constructed to blend ten types of crude oil on premise. It will include four salt dome storage caverns and above-ground tanks capable of storing up to 13 million gallons with options and space for expansion. When completed, the Hazelwood Energy Hub will be the world's largest blending operation, serving 17 Gulf Coast refineries.Contractors will construct a blending facility, pump facilities and an electrical substation along with power transmission lines and
Contractors will soon break ground on another building at The Water Campus in Baton Rouge, La. The 35-acre property along the Mississippi River is being developed to house 1.8 million sq ft of labs, research, facilities and commercial space for coastal science and engineering. Phase 1 of the project includes $55 million in commitments for the construction of three buildings. The latest facility to be constructed is a $22 million glass and metal building over the Mississippi River that will serve as the headquarters of the Water Institute of the Gulf. The 33,000 sq ft building will feature a gallery,
The Louisiana International Deep Water Gulf Transportation Terminal (LIGTT) will soon start construction on its offshore port concept. The structure is projected to span 2,250 acres over open water and cost $10 billion. Developers recently secured $25 million in financing to fund the project's first "vertical," a dry bulk facility that would be used to offload cargo from massive ships to smaller ships to be taken up the Mississippi River. The port will sit in open water three miles off the coast of Plaquemines Parish and twenty miles from the port of Venice.LIGTT spokesman and vice president Terry Easley says
The LA 1 Coalition announced construction will commence in the summer of 2016 on an elevated roadway leading to Port Fourchon, La. The $46 million project will include 3,400 ft of elevated highway connecting La. 3235 in Golden Meadow and Port Fourchon. The project is Phase 2C of the nearly-$2 billion, four-phase LA 1 Improvement Project to elevate roadways in the area.LA 1 Coalition Director Henri Boulet says the new road will clear an existing levee system by 22 ft to accommodate future levee-raising projects. A cement t-will will also be constructed 21 ft above the levee to just beneath
Louisiana is set to receive another $52 million to fund ongoing coastal restoration and construction work. The funds are being allocated from Clean Water Act fines paid by Transocean due to its liability in the 2010 BP Gulf Oil disaster. The money will go to pay for two projects ready to break ground, and for studies to lay the groundwork for hundreds of millions of dollars worth of large-scale coastal restoration efforts. Photo by Craig Guillot An aerial view of the Lake Borgne Surge Barrier. Related Links: The projects include $8.7 million for filling old exploration canals near Jean Lafitte