USDG and Pinto form JV to develop US Gulf Coast destination terminal

USD Group LLC (USDG) and Pinto Realty Partners LP have formed a joint venture to develop a US Gulf Coast destination terminal on the Houston Ship Channel. USDG will co-lead commercialization efforts for the 988-acre property, TDWP Terminals, which is capable of supporting a multiple unit-train per day rail terminal for liquid hydrocarbons, in addition to storage, blending, and export operations.

The location offers direct inbound pipeline access and service from two Class 1 railroads, as well as the potential for outbound pipeline and barge connectivity to major Gulf Coast refining centers and deepwater dock connectivity to international markets.

The site currently supports rail storage operations and is served by the Burlington Northern Sante Fe and Union Pacific railroads. Included in the property are numerous pipeline rights-of-way and a substantial dredge material storage facility, which is capable of supporting future development needs and may also provide an economical disposal option for others along the ship channel.

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