ST. MARYS — A New York-based company announced plans Thursday to acquire the former Durango-Georgia Paper Co. site from federal bankruptcy court and develop the site as a port.
Worldwide Group and Knights of the Green Shield, in a prepared statement, is calling the development the Port of St. Marys Industrial and Logistics Center.
James Coughlin, director of the Camden County Joint Development Authority, said the mill site’s trustee introduced him to an investment firm three weeks ago that was interested in seeing how the mill site, which is mostly demolished, could be developed.
The selling points for the 500-acre site are it has about 5,000 linear feet of mostly deep-water access along the North River and a railroad line that runs to the site and it is close to Interstate 95.
It also is near airports in Brunswick and Jacksonville and is less than 2 miles from the St. Marys Airport.
Plans include revitalizing rail access, building a modern barge berth and dock and securing a “clean-tech” manufacturing operation at the site.
Company officials said the project will open up St. Marys to world trade and the global marketplace.