The Port Authority of Kansas City, Missouri (Port KC) Board of Commissioners has approved the selection of Nossaman LLP and John Smolen, lead partner on the project, to advise Port KC staff in the formation of a successful Private Public Partnership (P3) to develop Missouri River Terminal (MRT). This is the latest step in Port KC’s plan to transform 415 acres of land along the Missouri River, which is the site of a former steel mill, into a full-scale inland intermodal port.
Port KC has determined the P3 model provides the greatest potential to create an intermodal inland port and sought to obtain expert services from the project’s inception. Port KC was pleased to receive proposals from 11 nationally and internationally known firms. Nossaman was selected after a rigorous process for its extensive P3 experience and additional knowledge of port, rail and related infrastructure.
Port KC anticipates the next step will be to seek a financial adviser and begin the pre-procurement process with Nossaman’s assistance.
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