Schuck Unveils $10B TransPort Plan Surrounding Front Range Airport

AURORA, CO-The Schuck Corp., a Colorado Springs-based developer, recently released details of its $10 billion, 30-year-plus TransPort development on 6,300 acres around the Front Range Airport in Aurora and Adams County. The Framework Development Plan recently presented to the City of Aurora would comprise 275 million sf of land housing 100 million sf of development.

“The development of TransPort will have important local, regional, national and even international economic impacts,” Bill Schuck, president of his namesake company says. “TransPort, as an inland port, will take ultimate advantage of the Denver area’s strategic location at the very center of the world–almost equal distant from Pacific Rim and European markets as well as North and South American markets. What will be created at TransPort is a true international port that takes advantage of all forms of rapid transportation.” He adds that the damage done by Hurricane Katrina to thePort of New Orleans makes such “inland ports” as TransPort more important than ever.

TransPort eventually is expected to create 38,000 new jobs. As an inland port, TransPort will house a multi-modal rail industrial complex. There are five miles of existing Union Pacific railroad tracks on the TransPort property. Schuck says that he is in discussion with numerous national and international companies who wish to develop warehousing and distribution centers at TransPort.

Besides its rail multi-modal center, almost 1,000 acres at TransPort will be devoted to biotech businesses. And almost 1,500 acres contiguous to Front Range slated for general industrial and corporate aviation uses. In addition, acreage has been earmarked for office, retail and commercial development.

Schuck compares TransPort to the Alliance Multi-Modal Center developed by Ross Perot Jr. in Fort Worth. The public-private partnership started with $152 million in public funding, he says. Since then, he adds, it has attracted $4.2 billion in private investments and created more than 20,000 jobs.