Cruise Terminals in Georgia A Possibility

A study to determine whether a cruise ship terminal should be built in Savannah, Ga., says such an operation could bring a thousand new jobs, and Georgia could gain $89 in direct spending, but getting such a terminal would cost big bucks, reports Georgia Public Broadcasting.

The new report, prepared by a Miami-based consulting firm, shows that if the city chooses to move forward with building a port, a smaller version, that could cost approximately $18 million to build, could bring 288 jobs within four years. If a larger terminal is built over time, at a cost of approximately $50 million, as many as 1,000 jobs could be created, GPB reports.

The city is looking at options for the historic port. But while tourists want to be there, and money could eventually be earned from the site, there are concerns about security and operational costs

The terminal could be paid for in part with tax breaks Governor Nathan Deal recently signed into law, according to GPB.

Read more: Study: Cruise ships could bring Ga. $89M | Atlanta Business Chronicle

 
Cary Blumenfeld
Realtor
Harry Norman, Realtors
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