Sand Springs, OK- The Sand Springs Railway Company (SS), a managed affiliate of OmniTRAX, Inc., announced on September 1, 2016 that it is acquiring the Gerdau mill site in Sand Springs. Representatives from OmniTRAX will present preliminary development plans to the Sand Springs City Council on Monday, September 12th.
“For many years, this property was underutilized,” said Sand Springs Mayor Mike Burdge. “The City of Sand Springs is excited to see it become a vibrant and bustling area of commerce, trade and industry. We believe OmniTRAX has the expertise and resources to make that happen. The City looks forward to partnering with OmniTRAX on any future projects.”
Sand Springs Holdings, LLC., an OmniTRAX affiliate, purchased the Sand Springs Railway Company from Gerdau in 2014 and has since been leasing portions of the 146-acre site. Part of the steelmaking operations on the site will be demolished and the property will be developed for mixed-use, including industrial, retail, office and transportation/logistics.
For more updates on development and City happenings, please visit www.sandspringsok.org.