Economy & Economic Development  December 11, 2019

BNSF makes $15.22M land purchase near Hudson

HUDSON — BNSF Railway Co. purchased 1,449 acres of land in unincorporated Weld County in the past two weeks, close to its existing base of operations in Hudson.

The largest private rail freight company in the U.S. paid $15.22 million for plots of land east of Hudson on Nov. 27 and Dec. 4, BNSF spokesman Joe Sloan confirmed to BizWest.

Hudson is home to a 430-acre BNSF rail park and logistics center, which broke ground this spring.

SPONSORED CONTENT

Sloan told BizWest the land purchases were not connected to future development at the park. Instead, the company purchased the land for a potential future project, but did not specify what type of development it could be.

“The two properties were on the market and in close proximity to BNSF tracks,” he said. “BNSF sees this area as an important location for future economic growth and development.”

This story was updated at 1:30 p.m. on Dec. 12. BizWest originally reported BNSF purchased three tracts of land totaling 563 acres based on public property records. BNSF later said some of its purchased acreage was not reflected on the sale deeds.

HUDSON — BNSF Railway Co. purchased 1,449 acres of land in unincorporated Weld County in the past two weeks, close to its existing base of operations in Hudson.

The largest private rail freight company in the U.S. paid $15.22 million for plots of land east of Hudson on Nov. 27 and Dec. 4, BNSF spokesman Joe Sloan confirmed to BizWest.

Hudson is home to a 430-acre BNSF rail park and logistics center, which broke ground this spring.

Sloan told BizWest the land purchases were not connected to future development at the park.…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts