Page 50 - Northpoint Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A rendering of the bridge connecting the Compass business park to two Will County intermodal centers. U.S. Rep. Bobby Rush calls it "the bridge to the future." To many Will County officials and residents, it's a bridge too far. But the opinion that really matters now belongs to Gov. J.B. Pritzker. The fate of a massive industrial park planned in Joliet that could employ as many as 10,000 people rests largely in the hands of the governor, who has the final say over a proposed bridge spanning Route 53 that's essential to the development. It may be just a bridge, but it represents the hopes of p...

Kansas City Southern eyes lower operating ratio Third phase to focus on increasing network velocity, reducing train starts and lengthening trains 421 4 minutes read Kansas City Southern eyes a mid-50s OR in 2022. (Photo: Jim Allen/FreightWaves) Kansas City Southern (NYSE: KSU) expects to execute the third phase of its version of precision scheduled railroading (PSR) this year in a bid to lower the company’s operating ratio (OR) to the mid-50s by 2022. PSR is an operational tool that almost all of the Class I railroads deployed to streamline operations. Kansas City Southern (KCS) ...

KINDER MORGAN ANNOUNCES RESULTS FOR FOURTH QUARTER OF 2020; MAINTAINS $0.2625 PER SHARE DIVIDEND HOUSTON, January 20,... | January 22, 2021

The Gaston Gazette A long simmering economic development plan will come to fruition this year, transforming hundreds of acres of land in Gastonia and Lowell into what should be one of Gaston's hottest industrial sites. Missouri-based NorthPoint Development closed late last month on more than 300-acres just east of Cox Road, bounded to the north by N.C. 7 and Interstate 85 to the south. It's also just north of the Franklin Square area. The more than $22.7 million land purchase had been under contract for months, with NorthPoint closing on the deal just before Christmas. Here's what you need t...

Developer finalizes $160M purchase of U.S. Steel site in Falls Closing on its reported $160 million purchase of more than 1,800 acres of the U.S. Steel site in Falls puts NorthPoint Development a step closer to its planned $1.5 billion transformation of the property. Northpoint plans to build 10 million square feet, and possibly more, of state-of-the-art warehousing on the property in phases over the next several years. Possible tenants include Amazon, Walmart, Chewy and others. Officials from the developer could not be reached for comment, but Falls supervisors Chairman Jeff Dence said he's...