The McEnery Company was engaged by Port Cameron, LLC to provide an AS IS and also Prospective Market Value of Port Cameron, a $1.5 billion port facility planned at the mouth of the Calcasieu River Ship Channel in Cameron Parish, Louisiana. The 500 acre property exists on a 99 year lease with a local land owner, and the proposed nature of Port Cameron will include a total of 45 pad ready deep water front industrial lots serviced by a logistics center and a maintained dredged depth of 33′. Company officials said a recent study by a Louisiana-based economic consulting firm showed the port would create $2.8 billion in sales and about 10,000 jobs for the state when fully leased.
