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Port of Longview Industrial Rail Corridor Expansion

Alternate Project Name
Industrial Rail Corridor Expansion Project Phase 1
Project Type
Ports
Financing Type
TIFIA
Status
Credit Agreement Executed
Sponsor/Borrower
Port of Longview
Project Description

The loan supports the extension of existing tracks, construction of six new 8,500-foot tracks, and the addition of a new six-track embankment to allow for future expansion. New crew access roads and other supporting infrastructure will also enhance safety. Additionally, the improvements will support the redevelopment of the historic Berth 4 Grain Complex, a future revitalization project planned by the Port. 

The Port of Longview project will double freight capacity through the corridor and eliminate congestion from the overburdened two-track system, enabling trains to move seamlessly and reducing costly delays. It will also drive economic growth by attracting more private investment and increasing export capacity for commodities such as grain and timber, as well as generating an estimated $2.8 billion in annual activity and $66 million in tax revenues, which are crucial for the rural area’s rapidly transitioning economy. This will also help meet growing domestic and international market demands. 

Located in a rural area, the Port of Longview was able to utilize the Bureau's Rural Project Initiative to borrow at half of the typical interest rate.

Read the press release.

Aerial view of project site map.
Project site map (credit: Port of Longview)
Project Details
TIFIA Assistance
$35.90M
Primary Revenue Pledge
Port Revenues
Project Cost
$73.30M
Fiscal Year Closed
FY2025
Duration/Status
Construction began in 2025, and substantial completion is expected in 2028.
Funding Sources
In addition to the loan, the project is primarily funded through two revenue sources: operating revenue and property taxes.
Project Delivery/Contract Method
The project is utilizing a Design-Build approach with Rotschy Inc., Pasco, WA.
Project Participants
Port of Longview
Application Details
Applicant
Port of Longview
LOI Fiscal Year Received
FY2021
LOI Received Date
Application Received Date
Credit Agreement Executed
Initial Eligibility Review
Review Complete
Creditworthiness Review
Review Complete
Application Review
Review Complete
Estimated Project Cost
$73.30M
TIFIA Request
$35.90M
Instrument Type
Direct Loan