The S.C. State Ports Authority has approved two contracts valued at nearly $14.5 million to renovate parts of Columbus Street Terminal.
The terminal, which runs along East Bay Street near the base of the Arthur Ravenel Jr. Bridge, handles large cargo that cannot fit into 20- or 40-foot containers, such as cars and turbines. BMW’s export and import operations are handled at the Columbus terminal; Volvo will also export its finished cars through the terminal starting in 2018.
During its meeting Wednesday, the ports authority board approved a $14.2 million contract for North Charleston-based Banks Construction Co. to perform improvements to about 50 acres of cargo storage area. The terminal’s surface also needs to be raised and repaved. Construction will begin in June and continue through early next year.