Deepwater Land Development Opportunity

Highlights:

• ±257.8 Acres on Hwy 87 Port Bolivar, TX 77650
• Strategic mid-stream “blue water” site
• ±5,350.3’ of deepwater frontage

Description:

 Property Overview
• This prime (strategic) location offers a competitive advantage in an increasingly congested Houston Ship Channel, resulting in a meaningful per barrel discount compared to vessels electing to traverse the additional 40 plus miles inland in the Houston Ship Channel. Estimated vessel transport time would be reduced by up to six (6) hours in each direction, mitigating substantial demurrage costs.
• The project contemplates two greenfield pipeline options, the Speed Junction Pipeline and the Nederland Pipeline, which could be constructed to connect supply sources in the Pasadena, Texas.
• Site could accommodate 3 MM BBIs of storage, marine terminal and related docking, port and off-take facilities.
• Access from I-10 East through High Island and I-45 South via Bolivar Ferry
• *Bolivar Roads Channel - A natural navigable strait fringed by Bolivar Peninsula and Galveston Island emerging as a landform on the Texas Gulf Coast. The natural waterway inlet has a depth of 45’ (14 m) with an island to peninsula shoreline width of ±1.5 miles (±2.4 km). “§ 110.197 Galveston Harbor, Bolivar Roads Channel, Texas”
• Taxing entities
   - Galveston County
   - Galveston ISD

Property Features
• 1A: ±52 Acres
• 2B: ±92 Acres
• 3A: ±101 Acres
• 3C: ±12.8 Acres
• 72 Acres “upland” area
• Proximity to pipelines
• Great site for mid-stream tank farm
• Utilities:
   - Electrical
   - Water/sewer

Documents: