Avondale Global Gateway, the private port facility and logistics hub on the site of the former Avondale Shipyard, is planning a $50 million expansion of its west bank campus ahead of a major new tenant expected to move to the facility next year.
Avondale officials have signed a five-year lease with a “major energy original equipment manufacturer” involved in the power generation business – the first of what could be several industrial service companies tied to the state’s AI data center construction boom and the need for new power plants to keep them running.
“That demand is being driven by this whole AI build out, all these turbines and different components of power plants,” said Adam Anderson, CEO of Avondale’s parent company T. Parker Host. “We expect to handle quite a bit of that business here at Avondale over the coming years.”…