Port Panama City officials celebrate construction milestone
Port Panama City officials celebrated the progress made on the construction for phase one of the expansion project by hosting a "topping off" ceremony Thursday.
"We're super excited to be celebrating our 'topping off' party and that means that we finished our structural progress of the building so it's a celebration of what the workers have been able to provide to the port," Project Manager Brooks Hayes said.
Officials tightened the final bolt on the building, completing the structural aspect of phase one.
"It's a great day for Port Panama City and I think a great day for the whole community of Panama City," Port Executive Director Wayne Stubbs said.
According to Stubbs, a lot of high-paying jobs come with the expansion.
"The first phase is projected to create about 148 direct jobs and then we're working closely with the EDA [Economic Development Alliance] to bring more industry into the area that can use these port facilities and were projecting 250 manufacturing jobs," he said.
All three phases of the project, including the warehouse, dredging, and more, are expected to be completed by mid to late 2019.
The East Terminal expansion is planned to cost about $60 million. That'll be paid for by the Port Authority, Triumph Gulf Coast funds, the Florida Department of Transportation, and the Florida Seaport Transportation Economic Development Council.