Avondale Marine LLC, a newly-formed joint venture between Virginia-based T. Parker Host and Illinois-based Hilco Redevelopment Partners, finalized the purchase of the 254-acre property formerly known as Avondale Shipyard from Huntington Ingalls Industries on Oct. 3. Financial terms of Wednesday’s sale were not disclosed.
The site offers approximately 8,000′ of deep-water riverfront access and connection to six Class I railroads. Avondale Marine plans to redevelop the site’s crane, dock and...
https://www.workboat.com/news/shipbuilding/avondale-shipyard-morph-into-avondale-marine/