WesPac Midstream, a California-based energy group, has purchased waterfront land for $11.8 million to build a liquefied natural gas manufacturing plant.
The 36-acre parcel at 9225 Dames Point Road is adjacent to the Jacksonville Port Authority’s Dames Point Marine Terminal. A property deed was recorded Thursday for the deal.
The port’s land is being developed into the $30 million Intermodal Container Transfer Facility, according to a news release from Colliers International Northeast Florida, which brokered the deal.
WesPac purchased the land from CertainTeed Gypsum and Ceiling Manufacturing Inc. The company also has partnered with Pivotal LNG to build a liquefied natural gas station at the port, with Sea Star Line contracted to be the anchor tenant.
Sea Star Line will have the world’s first two LNG-powered ships, which are being built at General Dynamics Nassco in San Diego.
One possible advantage to the location: By building a station adjacent to the port’s transfer development, LNG could be transported to other customers by ship or rail.