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In the News

Port of Iberia Expansion Continues

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The Port of Iberia recently acquired 108 acres with plans for a $8.2 million industrial development to create additional waterfront acreage.

Executive Director Roy Pontiff said the land, located in the southeast quadrant of the Port bordering La. Hwy. 83, was purchased from Sterling Sugars in January of this year.

Existing Slip C8 will be expanded eastward, and three additional side slips will be created. Nine separate waterfront tracts will be developed, ranging in size from 3 to 18 acres. The new slip will be 200 feet wide, with a depth of 13 feet. Road and utility improvements will be included in the development.

“I applaud the commission for their long-term vision and investment during these uncertain times. As in the past, I’m sure this decision will prove to be a stimulus for additional tenant growth at the Port,” Pontiff said. “The first expansion (Phase I) of 170 acres is completely leased out, and we currently have no available waterfront property. But we continue to receive inquiries from companies seeking to expand or relocate. This expansion Photowill allow us to continue to market the Port and meet the needs of growing businesses.”

Construction on the development is anticipated to begin in the next 12 to 18 months.