PORT FEASIBILITY STUDY - County of Citrus, Florida

MARTIN ASSOCIATES941 Wheatland Ave.Suite 203Lancaster, PA 17603(717) 295-2428www.martinassoc.net

PORT FEASIBILITY

STUDY

Citrus County Port Authority

April 17, 2012

MARTIN ASSOCIATES 941 Wheatland Ave. Suite 203 Lancaster, PA 17603 (717)295-2428 www.martinassoc.ne

Study Purpose• Prepare port feasibility study to assess the potential for the development of

a public port authority to:– Stimulate economic development in Citrus County and surrounding

areas– Improve the transportation costs and competitive environment to:

Serve current industry/consumers in the regionAttract new industry to the region

• Develop a blue-print to:– Identify potential users of the port– Tailor a strategy to market to potential users/tenants

• Facilitate integration of Port Citrus into the FSTED Program• Explore funding options for port development


Elements of a Successful Feasibility Study

• Conduct reliable and defensible market analysis - existing and potential markets:– Cargo

Local consumers/producers Current routings and suppliers

Truck

Rail

Barge/Vessel– Industrial development to capitalize on improved transportation and logistics costs:

Off-shore support activity Modular construction Timber/alternative fuels (wood pellets/biofuels/biomass)

– Distribution center/logistics park development – Recreational - marina development– Commercial Fishing– Top-side repair work/barge construction



• Competitive port cost and logistics analysis: – Via other modes– Via other ports– Land, labor, rental, and logistics costs for industrial development/distribution

center development• Develop future activity forecasts:

– Current activity:Cargo activity Industrial

– Newly identified opportunities:Cargo (throughput) Industrial/distribution center/support Marina (slips, sizes, dry storage)Modular construction activity/Topside repair work



• Assess infrastructure needs:– Landside– Water-side– Rail/highway access– Environmental constraints

• Provide order of magnitude infrastructure development costs • Develop financial feasibility assessment• Identify funding sources• Understanding the economic impacts of port development• Develop target marketing plan • Execution of the plan


OUR PROJECT TEAM


Martin Associates• Market analysis/cargo flow analysis• Competitive transportation cost/logistics analysis• Economic impact assessment of port projects:

‒

Cargo‒

Recreational (marinas)‒

Cruise‒

Shipyards‒

Industrial Development‒

Distribution Center Development• Strategic planning • Development of targeted marketing opportunities• Financial feasibility assessment• Identification of funding sources:

‒

Bond justification‒

Grant application process‒

Development of public/private partnerships


Moffatt & Nichol• Facility and infrastructure requirements:

‒

Cargo

Berths/Wharfs

Warehousing

Water depth

Fendering

Security and ISPS Requirements

Barge fleeting

Shoreside equipment‒

Marinas

Demand for and size of slips

Navigation integration with commercial activity

Feasibility assessment of marina development• Port facilities planning and design• Financing structures• Long term capital development plans• Environmental/permitting expertise


Nancy J. Leikauf• Instrumental in passage of HB 283 which created opportunity for the Port Citrus

Feasibility Study to move forward• Previously Executive Vice President of Florida Ports Council:

‒

Market assessments‒

Seaport mission plans‒

Intermodal system development‒

Inland logistics hubs• Instrumental in the creation of FSTED:

‒

Administered the Program for 18 years‒

Expertise in FSTED application process:

Matching requirements

Potential public/private partnerships

Port master plan requirements

Local comprehensive plan port element process

DEP/USACE needs


OUR PROJECT TEAM EXPERIENCE


Martin Associates

• Selected Port feasibility, market, economic and planning studies:– Florida Ports

TampaPort St. JoeMiamiPort EvergladesPalm BeachPort CanaveralJacksonvilleState-wide Economic Impact Study for Florida


Martin Associates

Pascagoula, MS

Mobile, AL

Gulfport, MS

New Orleans

Lake Charles, LA

Houston

Beaumont/Port Arthur/Orange

Galveston, TX

Freeport, TXVictoria, TXPort Lavaca/Point Comfort,

TXCorpus Christi, TXCalhoun County, TXTexas City, TXBrownsville, TX

• Selected Port feasibility, market, economic and planning studies:

‒

Other US Ports -Gulf:


Martin Associates

Georgia Port Authority

Wilmington, NC

Morehead City, NC

Richmond, VA

Virginia Port Authority

Baltimore

Wilmington, DE

Philadelphia, PACamden, NJSalem, NJBostonProvidence, RIGloucester, MA

• Selected Port feasibility, market, economic and planning studies:

‒

Non-Florida U.S. Atlantic Coast Ports:


Martin Associates• Selected Port feasibility, market, economic and planning studies:

– West Coast U.S. PortsSan DiegoLos AngelesLong BeachOaklandSan FranciscoPortlandSeattleLongviewVancouver, WAEverett


Martin Associates

– 16 US Great Lakes Ports/16 Canadian Great Lakes Ports

– System-wide, bi-national economic Impact Study of Great Lakes St. Lawrence Seaway Transportation Authority

– Competitive Cost Analysis of US Great Lakes Ports

– Port of Pittsburgh Authority– Ports of Indiana, including river ports

of Jeffersonville and Mount Vernon, IN

– Port of Erie, PA– Apalachicola/Chattahoochee Flint

River System– Mid-America Port Authority (Des

Moines, IA)– Columbia/Snake River System – Port of Cleveland, OH– Port of Toledo, OH– Port of Chicago, IL– Port of Burns Harbor, IN– Port of Salem, NJ

• Shallow draft and inland US Ports market, feasibility and economic studies:


Martin Associates

– Brownsville– Beaumont– Galveston– Texas City– C&D Canal– Jacksonville (St. John’s River

and Milepoint)

– Port Lavaca/Point Comfort, TX

– New Orleans– Galveston– Delaware River– James River (VA)– Houston Ship Channel

• River Maintenance Dredging Studies for USACE and/or Public Sponsor


Martin Associates

– Wilmington, DE

– Port of Baltimore

– Port of San Diego

– Port of Philadelphia

– Port of Galveston

– Selected Florida Ports (in process and confidential)

– Terminal Operators Hutchison Port Holdings Ports America Ceres Terminals Yusen Terminals

– Infrastructure Investment Groups ING/Carlyle Fortress InvestmentsMid Ocean Highstar Bank of Montreal Goldman Sachs

• Development of Public/Private Partnerships:


Martin Associates• Unique Project Experience relevant to the Port Citrus Feasibility Study:

– Economic Impact Assessment for State of Florida (Florida Ports Council): Used in Legislative Funding Justifications

– Florida Trade and Logistics Study, Florida Chamber of Commerce Foundation and Florida DOT: Detailed Rail, Truck and Waterborne Transportation Commodity Flows

– Feasibility of an Inland Port Development: Initial Study – Port of Palm Beach and Florida DOT Updated Study (2012) Florida DOT

– Northeastern Florida Transportation Cargo Flow Analysis– Cargo Flow Studies for FEC Railroad– Transshipment feeder studies for key Caribbean transshipment hubs– Feasibility of inland ports for:

Commonwealth of Pennsylvania State of Maryland


Baseline Truck Cargo Flows From Citrus County Region


Baseline Truck Cargo Flows From Citrus County Region by Commodity


Truck Cargo Flows To Citrus County Region


Truck Cargo Flows To Citrus County Region by Commodity


Rail Cargo Flows From Citrus County Region


Rail Cargo Flows To Citrus County Region


Moffatt & Nichol

• Marina Market and Feasibility Studies:– Demand for Slips– Size of Slips– Price of Slips– Navigation– Operations– Pro-Forma Analysis


Moffatt & Nichol• Port Citing Studies:

– Barge fleeting– Vessel Maneuvering– Security and ISPS Requirements– Facilities and Structures– Wave Protection– Mooring Arrangements– Shoreside Equipment– Fendering


Moffatt & Nichol• Navigational Studies:

– Channel GeometryAlignmentDepthWidthTurning Basin

– Traffic StudiesBargeRecreational Boating


Moffatt & Nichol• Concept Development:

– Urban Waterfronts:Mix of public access and commercial/industrialInfrastructure:

Land/Water Transition

Shoreline Treatment for Stabilization, Erosion, Wave Attenuation

– Excavation/Dredging– Construction Cost Analysis


Moffatt & Nichol

• Site Conditions:– Water Levels– Draft Restrictions– Currents– Wind - Navigation Impacts– Waves and Wakes from Passing Vessels– Sediments - Maintenance Dredging


Moffatt & Nichol

• Environmental Conditions:– Flushing/Circulation– Hydrodynamics– Environmental Assessment/Environmental Impact Statement


Moffatt & Nichol

• Shallow Draft Facilities– Impala – Coal Export Facility, Burnside LA– AmSty – Liquid Bulk Barge Facility– Lafarge –Barge Loading Berth – Cave In Rock, IL– CSX – Terminal Master Plan, – Tampa, FL– Aggregate Barge Loading and Cement Unloading Terminal

– Vancouver, Canada– Lafarge –Aggregate Barge Unloading Facility and Ready

Mix Concrete Plant – Vancouver, Canada


Moffatt & Nichol• Deep Draft Facilities

– Cemex – Aggregate Import and Distribution Study– MPA – Sparrows Point Pier Relocation – Baltimore, MD, – VPA - Craney Island Expansion Project – Norfolk, VA, – Aggregate Barge Loading and Cement Unloading Terminal

– Vancouver, Canada– Lafarge –Aggregate Barge Unloading Facility and Ready

Mix Concrete Plant – Vancouver, Canada


Moffatt & Nichol

• Urban Waterfronts and Marinas– 40+ Marinas in Florida– The Wharf - DC Waterfront– Chicago River Vessel Traffic Study– Atlantis Marina, Paradise Island Bahamas– Palm Harbor Marina


OUR PROJECT STAFF


John C. Martin, PhD• Founded Martin Associates in 1986 • 39 years of consulting experience in port and maritime industry• Directed over 500 economic feasibility and planning studies in:

‒

U.S. ‒

China ‒

Canada ‒

South America/Caribbean ‒

Europe• Has provided consulting services to Federal Reserve Board, Council of Economic Advisors, International Trade

Commission• Currently focused on funding of port infrastructure projects at deepwater and inland river ports• Keynote speaker on deepwater and inland river port infrastructure needs at:

‒

AAPA Centennial Conference (March 2012)‒

US Conference of Mayors on Port Development and Port Cities (February 2012)‒

Public-Private partnership development for port funding (London, November 2011)‒

Port Infrastructure Funding as a catalyst of Port Cities Economic Development, The World Port Cities Conference (France, June 2012)

• PhD, M.Phil. in Economics from The George Washington University (1977,1978) and BA in Economics, Millersville University (1973)


Jeffrey Sweeney

• Specializes in port feasibility, market, and financial feasibility studies:‒

Tampa, Miami, Port Everglades, Jacksonville, Palm Beach‒

Florida Inland Port studies‒

Great Lakes ports and inland waterways studies

• Keynote speaker at Transportation Research Forum Changing Trade Patterns and Implications on Port Development (Tampa, March 2012)

• Joined Martin Associates in 1994

• BS Economics, Millersville University, 1994


Michelle Wingenroth • Specialist in Port infrastructure financial analysis

• In last 12 months, developed enterprise valuations for: ‒

Port of San Diego‒

Port of Galveston‒

Port of Milwaukee‒

Port of Lake Charles

• Directing planning and economic studies for Port Canaveral

• Directed more than 75 Port planning and economic studies over her 20 years with Martin Associates

• BS Business Administration, 1994, Millersville University


Mark Papineau• Director of Research, Martin Associates

• Architect of cargo flows for the Florida Trade and Logistics Study

• More than 33 years of experience with maritime planning, market, feasibility, and cost analysis

• Developed Martin Associates voyage costing model

• Manager of Northeast Florida Commodity Flow Study

• Managed Port of Pittsburgh economic and cargo flow studies

• Managed Mid-America Port feasibility study

• Managed Port St. Joe feasibility study

• BS Mathematics, New York Maritime Academy, Fort Schuyler, 1978


Elizabeth Martin• Specialist in logistics planning and distribution analysis

• Currently directing Country-wide logistics study for Jamaica, with emphasis on transshipment hub and logistics park development

• Recently directed economic studies for the Ports of:‒

Houston‒

Baltimore‒

Port of Bucks County, Delaware River Port

• Joined Martin Associates in 2006 as intern, full-time 2010

• BS Business Administration (2008) and MBA, Logistics and Intermodal Transportation, University of Denver, 2010


Jeffrey Malyszek, P.E.

• Principal with 20 years at Moffatt & Nichol• 28 years experience• Experience

– Shallow and Deep Draft Port planning– Feasibility Studies– Citing Studies– Inspection and Design

• Current Project Locations– Louisiana, Florida, Georgia, Caribbean, Bahamas,

Colombia and Panama


Gary Smith, P.E.

• 11 years with Moffatt & Nichol• 29 years experience• Experience

– Shallow and Deep Draft Port planning– Feasibility Studies– Inspection and Design

• Current Project Locations– Louisiana, Florida, Virginia, Bahamas, Colombia and

Panama


Bob Nathan, P.E.

• 30 years with Moffatt & Nichol• Experience

– Marina and Harbor PlanningMega YachtsSport FishermanRecreational Boaters

– Feasibility Studies• Current Project Locations

– Caribbean, Florida, Texas, Washington DC, Bahamas and Republic of Georgia


Nancy J. Leikauf• Experience

– 40 years of governmental/legislative relations and administration with 25 years specific to seaports; strategic planning and analysis; and intermodal transportation and freight mobility

– Innovative seaport infrastructure financing– Public policy development and implementation– Program management– Communications and outreach programs

• Master of Public Administration, Florida Atlantic University, 1986 Bachelor of Arts in History, University of Miami, 1977


Why Select the Martin Associates Team?• We are recognized experts in Port Feasibility Analysis, having collectively

worked for nearly every Port in the United States

• We have an equally strong reputation with non-coastal ports, including inland river ports, as well as Great Lakes ports

• More importantly, our studies are applauded by clients for their defensibility, realistic projections, and implementation

• We have an in-depth knowledge of the Florida Transportation System, the FSTED program, and the focus of the state government in port investment as a catalyst for economic growth


Why Select the Martin Associates Team?

• We have been leaders in the development of private public/partnerships as a way to fund port development

• We have been leaders in the development of an innovative methodology to measure the economic benefits of river maintenance dredging projects and channel deepening

• Our clients are pleased with our work as demonstrated by the fact that more than 90% of our projects are with repeat clientsPlease contact our client references !


THANK YOU

PORT FEASIBILITY STUDY - County of Citrus, Florida

Documents

Transcript of PORT FEASIBILITY STUDY - County of Citrus, Florida