There’s a myth circulating throughout the Marcellus, Utica and Ohio River Valley that there is a shortage of properties for development. The prolonging of this myth is danger to the entire Appalachian Basin.
Royal Dutch Shell is building a $6 billion cracker plant in Monaca, Pennsylvania. PTTGC America and Daelim are about to make their Final Investment Decision (FID) for its $7 billion cracker plant in Belmont County, Ohio. Construction companies will be slow to take advantage of these opportunities if they think it’s going to be difficult to find suitable properties along the Ohio River Valley.
Bryce Custer, SIOR, CCIM with NAI Ohio River Corridor is fighting the myth and is aggressively working hard to attract multi-nationals and major manufacturing companies to the Ohio River Valley. Custer commented, “We have a number barge and rail properties and riverfront properties with barge docks/cells and rail along the Ohio River.”
While only a few could accommodate a full scale polymer complex such, as Shell and PTTGC, these sites would be able to accommodate a variety of downstream petrochemical companies as well as plastics and derivative companies that would benefit from being close Shell and PTTGC.
A sampling of these properties includes:
Barge and Rail:
New Cumberland, WV ~950 acres
Weirton, WV ~1,000 acres
Wellsville, OH ~18 acres
Moundsville, WV ~42 acres
Riverfront properties with barge docks:
Chester, WV ~32 acres
Newell, WV ~8 acres
Riverfront with rail:
New Cumberland ~40 acres
Additional information regarding these properties can be found at: www.NAIOhioRiverCorridor.com
About Custer and NAI Ohio River Corridor
Custer is the preferred source for commercial real estate services along the Ohio River corridor in Ohio and West Virginia and is recognized as an expert in the area of petrochemical, plastics energy services and derivative industries for site selection and consultation throughout the Appalachian Basin.
Ohio River Corridor, LLC, was established in 2016 by Bryce Custer, SIOR, CCIM, MRICS, as a plastics site selection and commercial real estate services company aligned now as NAI Ohio River Corridor. Ohio River Corridor, LLC is a petrochemical, plastics and energy site selection and commercial real estate services company that specializes in site selection along the Ohio River from Monaca, Pennsylvania, home of the Shell ethylene cracker facility, downriver to Southpointe, Ohio and Parkersburg, West Virginia. Their service region also includes eastern Ohio, southwestern Pennsylvania, and the northern panhandle of West Virginia.