Tuesday, October 4, 2016

Pensacola port needs changes

Changes to the shipping industry throughout the latter half of the 20th century has locked Pensacola, Fla., out of becoming a major commercial port hub. The port’s importance has dwindled. Pensacola’s hopes for becoming a home in the offshore oil and gas industry have fallen flat. City leaders are thinking about new uses for the port’s 50 waterfront acres. The Pensacola City Council has allocated $100,000 to study the best use of the property, and how do we successfully transition it into the 21st century. Something has to change. Leadership has acknowledged that the port is on track to need a subsidy from the city if no new revenue streams aret found. (Source: Pensacola News Journal 10/04/16)