The New Bedford Marine Commerce Terminal is to host the delivery and assembly of the development’s Siemens wind turbines as well as other commercial activities, such as bulk cargo and container shipping.
The terminal will consist of a 1,200 foot-long bulkhead with deepwater access and about 20 acres of surface space.
It is projected to cost $35 million. The governor’s office said it expects the money to come from federal, state and city governments, and from operating revenues.
A consortium of state and local agencies will operate the terminal, which will charge Cape Wind commercial rates.
The governor’s office said the port would be able to support offshore developments in other east coast states.
Cape Wind president Jim Gordon said: "New Bedford and the region can create and attract not only the hundreds of Cape Wind construction and manufacturing jobs, but will be positioned to become the North American centre of the emerging offshore renewable energy industry."
Massachusetts had been vying for Cape Wind’s business against the port of Quonset in Rhode Island.
Last week, Cape Wind signed a deal with German offshore specialist EEW to build a facility to construct the foundations of the wind farm's 130 Siemens turbines.
nder the agreement, EEW will team up with Mass Tank Sales Corp, a Massachusetts manufacturer of steel storage tanks, to build and run the factory.