Tuesday, December 22, 2009

Port of Seattle Completes Purchase of Woodinville Sub



Local News | Port of Seattle complete rail corridor purchase | Seattle Times Newspaper

It's finally done! Final purchase price: $81 million for 42 miles of track.

After six years of BNSF efforts to sell the line, it is now in public hands, specifically the Port, King County, Sound Transit, city of Redmond, Puget Sound Energy and Cascade Water Alliance. Some of the partners want the line's transportation benefits while others want to use the right of way for utilities or foot traffic. Reports have GNP Railway and Ballard Terminal Railroad serving the freight traffic that still exists on the north end of the line.

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Journal of Commerce article: http://www.joc.com/node/415418
Seattle Times article: http://seattletimes.nwsource.com...apwarailcorridor.html

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