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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Terminal to serve key markets

13th Nov, 2012back

CSX Corporation, the leading railroad in the United States, has begun formal construction of the Winter Haven intermodal rail terminal. It is situated in Polk County, Florida and is expected to cost $100 million after the groundbreaking ceremony.  Once constructed, the terminal will mean more intermodal business for the firm and serve customers in a number of key markets such as South Florida, Orlando and Tampa. 

 

The construction entails 318 acres of land and also includes two 10,000-foot departure and arrival tracks and five 3,000-foot loading tracks.  Three electric rail-mounted gantry cranes will cover the tracks and facilitate the loading and unloading of the trains.

 

It is anticipated that the terminal will create more than 8,000 jobs and produce economic development of $10 billion over the course of the subsequent decade. 

 

CSX Corp is continuing to invest in the expansion of its terminal and network capacity in order to ensure the safety and reliability of its service for its customers.  The firm is expecting to make an investment of around $2.25 billion this year, with its estimated capital investment over five years representing 18% of revenue.  The firm has launched the National Gateway, which is a public-private, multi-year infrastructure initiative that is set to facilitate a significant improvement of the efficiency of the freight network that runs between the Midwest and the Mid-Atlantic ports.

 

The total cost of the project will be around $850 million, with CSX Corp expecting to contribute more than $550 million.  CSX Corp has also made a deal with the state regulators of Florida in order to deploy a computerized rail operation known as SunRail, with CSX Corp to sell the State of Florida 61 miles of rail corridor and in return gain exclusive rights to operate on the track.

Between 1976 and 2006 the value of building plots in Florida rose from an average of $15,000 to $250,000

The Lincoln Institute of Land Policy