Other tribal land, which now stands empty, will be used along with SSA-owned land as a storage and staging area for containers.
SSA Marine will transfer 52 acres to the tribe as part of the deal and will operate the terminal under a lease agreement. The company will also bear the cost of development and any environmental remediation, said John Weymer, tribal spokesman.
The company will spend $300 million for initial development of the terminal, Weymer said. Details of a “long-term lease agreement” were not released. No public funds will be used in the development of the property.