Camp Howze Industrial Rail Park (Camp Howze)
Property Highlights
Logistical Advantages
Utilities
Shovel Ready
Rail Service
Camp Howze Industrial Rail Park (Camp Howze) is a BNSF Certified Site. BNSF's Site Certification Program identifies optimal rail-served sites and conducts in-depth reviews of ten economic development criteria to determine if the site meets BNSF’s stringent readiness standards, which are intended to minimize development risks customers may face. BNSF has approved the New Business Review (NBR) required for new rail service by BNSF for the first Park rail customer. Twice a week rail service to the Park is expected to commence in the third quarter 2025 with the ability to increase rail service to three times per week (or more) as rail demand dictates.
Camp Howze will include a 30 plus acre, robust rail to truck and truck to rail transload yard and a 200,000 SF accompanying freight forwarding facility. Transload services available to customers within a 50 miles radius.
Via Rail Engineering, our rail consultant engineer, will in coordination with new rail customers to facilitate the design and construction of their needed rail infrastructure. This project support will encompass all aspects of the coordination and interface with BNSF including facilitating the New Business Review (NBR) for each additional rail customer.
BNSF Railway Company is one of North America’s leading freight transportation companies, operating a rail network of 32,500 route miles in 28 states and three Canadian provinces. BNSF is one of the top transporters of the products and materials that help feed, clothe, supply and power communities throughout America and the world. BNSF moves those goods more safely and efficiently, on significantly less fuel, with fewer emissions than the all-highway alternative.
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Open in new tab Powerful Incentives
New Markets Tax Credits (NMTC) Federal Program - By virtue of this land site being in an underserved US Census Tract (US Census Tract Number 48097000400) as designated by the Federal Government, this development will qualify for a unique Federal Incentive through the New Markets Tax Credit (NMTC) program as administered by the CDFI Fund under the United States Department of Treasury.
The NMTC program was enacted by Congress in 2000 as part of the Community Renewal Tax Relief Act of 2000 and is administered by the CDFI Fund of the US Treasury. The program incentivizes investments in qualified communities and promotes economic development in designated census tracts. The program creates a 39% tax credit utilized by the holder of the credit over a 7-year period. The NMTC is then monetized on the front end of the investment, allowing for the value of the credit to be used day one by the project owner. Historically it has been a $3.5 Billion per year program but President Trump in his last budget as President increased the annual program to $5 Billion for the next five-years. The program has three pillars - to incentive companies who (a) make a capital investment in (b) an underserved area to (c) create a community benefit (i.e. jobs).
Tax Increment Reinvestment Zone - Number One, City of Gainesville, (TIRZ) Camp Howze has a 25-year TIRZ in place that would reimburse the Park Developer for 80% of any public infrastructure costs needed to serve the Park. The TIRZ was approved and supported by the City of Gainesville, Texas, Cooke County, Cooke County Hospital and the Cooke County College District. The projected proceeds generated over the 25-year Term into the TIRZ is estimated to be approximately $48 million with approximately $28 million dedicated to public infrastructure within Camp Howze.