Options analysis to optimize 116-acre site for various maritime cargoes
Proposed state-of-the-art container terminal equipment and operations
Innovative public-private-partnership (P3) contracting strategy
The development of the Southport Marine Terminal was a transformative project that would reinstate Philadelphia as a major shipping hub in the northeast region of the United States, providing sustainable jobs, reducing regional traffic, and stimulating the local economy.
- The Philadelphia Regional Port Authority (PRPA) enlisted Hatch (as part of a joint venture) to provide technical advisory services, including due diligence, port planning, economic analysis, and preliminary design.
- The objective was to support the P3 development of the Southport Marine Terminal Complex, an industrial and commercial maritime facility located in southeastern Philadelphia, Pennsylvania.
- As part of a team of technical and financial experts, Hatch analyzed multiple development scenarios for the 116-acre land parcel. We provided a detailed assessment of the container, auto, bulk, and energy commodity markets and infrastructure requirements.
- A market study and options analysis report (MSOAR) was developed, which outlined terminal development alternatives and related cost estimates; technical recommendations regarding cargo types, terminal layout, land use, and intermodal connectivity; and due diligence assistance, procurement, and concept-level technical design for the marine and upland infrastructure components.
- Preliminary design documents and specifications were developed for inclusion in the overall procurement package. Technical assessments of the submitted concessionaire proposals were performed.
- Hatch assisted PRPA with developing marketing and stakeholder outreach strategies, balancing the needs of the various stakeholder groups with the overall project vision.
- Coordinated by Hatch, the multidisciplinary, international project team successfully delivered the MSOAR, RFQ, and RFP documents on time and within budget.
- More than ten alternatives were evaluated during the market study using a weighted scoring system we developed to assess terminal options. These were based on PRPA goals, including job creation, capital cost, revenue, risk management, and environmental stewardship.
- Sustainability initiatives, developed by PRPA as part of its five-year plan, were incorporated into all aspects of procurement and design.