Norfolk Southern invests $8.7 million in Alabama megasite

“Norfolk Southern is deeply connected to the economic development process in each of the 22 states we serve,” said VP Real Estate and Development Kathleen Smith. “This is all about creating joint opportunities for shared growth and elevating our communities. We’re committed to supporting and furthering rail-served communities and participating in our customer’s near and long-term business goals.”

Norfolk Southern recognized that the site could be an asset to the community and our long-term growth goals. To jump-start its growth, we made an initial donation of $2.7 million for improvements to the megasite through the Growing Alabama Credit program. Initial investments included construction of a 70-acre, rail-served, pad-ready site, as well as a railroad crossing, and relocation of natural gas lines to the perimeter of the property. During phase 2, Norfolk Southern donated an additional $3 million to extend the pad to 100 acres, and to construct a new connecting road to local thoroughfares.

Recently, the project was approved for a $3 million tax credit, and Norfolk Southern and economic development partners are now entering Phase 3. The Norfolk Southern donation will be used to construct an elevated, 500,000-gallon water tank that connects the site to water and sewer service. The investment also paves the way for additional property enhancements – like an interstate interchange.

The latest funds push Norfolk Southern’s total commitment to the NEAR Megasite through Growing Alabama to $8.7 million over the last three years.