GEIGER SPUR RAIL PROJECT Spokane County, Washington.

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Presentation transcript:

GEIGER SPUR RAIL PROJECT Spokane County, Washington

2 ► 5-mile in West Spokane County; connects industrial area to BNSF mainline ► Historically served Spokane International Airport and Fairchild AFB; FAFB security concerns ► BNSF planned to abandon spur in 2004; loss of 400 jobs ► Geiger Spur donated to Spokane County in Oct 2004 ► Spokane County realignment complete in 2007 Geiger Spur Geiger Spur Current Alignment

3 Geiger Spur PCC Short-line BNSF Mainline Geiger Spur Realignment

4 Economic Development Goals ► Immediate: Retain 400 jobs and 5 rail-dependent manufacturers ► Planned: Create 5000 – 7000 new jobs in Spokane County; advanced international freight logistics hub (air/rail/truck/logistics/telecom)

5 Economic Impact Analysis ► Current economic impact of Geiger Spur:  $67 million/yr in local economy (4.7/acre)  400 manufacturing jobs  $6.7 million/yr local and state tax revenues ► Potential economic impact of Geiger Spur build-out:  $773 million/yr in local economy (10/acre)  manufacturing / logistics jobs  $77 million/yr local and state tax revenues