Another Texas city is jumping on the rail park bandwagon, this time in the North Texas city of Gainesville.
The Gainesville Economic Development Corporation has signed an agreement with Strategic Rail Industrial, a Philadelphia-based rail industry advisor and investor to develop Gateway Industrial Park, located off FM 1202.
Gainesville Mayor Tommy Moore said that the 142-acre rail park will have an intermodal transport center that can be marketed to rail users. The $15-18 million investment in Cooke County hopes to see 400-500 new jobs created in the future. Moore said that “with this partnership with Strategic Rail and them making this investment here in our community, it’s a game changer for not only Gainesville, but all of North Texas.” Gateway Industrial Park has access to BNSF Railway and has received certification as part of BNSF Railway’s Site Certification program. BNSF certification ensures a site is ready for rapid acquisition and development through a comprehensive evaluation of existing and projected infrastructure, environmental and geotechnical standards, utility evaluation and site availability. The site will have room for 55 railcars to be spotted for loading and unloading.