SOUTH POINT — The multimillion dollar dock for the intermodal transfer station at The Point is 75 to 80 percent completed.

So the Lawrence Economic Development Corporation is planning a dedication scheduled for Tuesday, Aug. 19.

The dock will allow area businesses to move product from truck or rail to barge. It will be the only public dock in southern Ohio.

The face of the dock is 96 feet wide with the access road on the industrial park side 200 feet wide. From the park to the edge of the dock is 190 feet. A boom crane mounted at the dock can handle product weighing a maximum of 300 tons.

“This will give manufacturers and industry in our region the opportunity to have a logistical advantage inside the industrial park to produce and move large fabricated items,” Jeremy Clay, director of The Point, said.

Right now the LEDC is in negotiations with Superior Marine Inc. of South Point to become operator of the dock. Right now, Superior has a lease on part of the Ohio River to allow it to tie barges along the banks.

“We’re in negotiation for the inclusion of the operation of the dock as part of the ongoing lease,” Dr. Bill Dingus, executive director of the LEDC, said.

The LEDC is hoping to have the contract in place as well as a marketing plan by mid-August.

“Any business that needs a dock, any business in southern Ohio will have the right to move product across,” Dingus said.