T. Parker Host Invests $50 Million to Expand Former Avondale Shipyard

T. Parker Host (HOST) is investing $50 million to expand rail, warehouse and dock capacity at Avondale Global Gateway, the former Avondale Shipyard site on the Mississippi River near New Orleans, as demand grows for industrial cargo handling and logistics infrastructure.

The investment, announced Wednesday, will include a new 200,000-square-foot warehouse, expanded rail infrastructure and improvements to the facility’s deepwater docks. The project is expected to be completed by December 2027.

The new warehouse will bring Avondale’s total indoor storage capacity to approximately 2 million square feet and will be the first new building constructed at the site since the 1970s.

HOST also plans to activate Avondale’s fifth deepwater dock, increasing the facility’s capacity to handle up to six vessels simultaneously.

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