“We believe that the Grand Parkway is an important part of that system.”
Amacker says TxDOT will be developing all of the segments located in Harris County – three out of the toll road’s eleven segments. She says Segment E, which would connect interstate 10 with 290, is likely to move forward first because “it’s the most shovel-ready”. She says it’s also one of the more “financially robust” segments of the Grand Parkway. The 14 mile section would run through the Katy Prairie and is expected to cost around $400 million dollars.
“It is certainly possible that the commission could identify funding for segment E before the end of this year. As for the other segments of the Grand Parkway, it will be a challenge, as it is with funding any transportation project in this challenging environment.”
Amacker says money for the Grand Parkway will come from a number of sources, including the State Highway Fund and bond proceeds. But the state is running low on money for new construction projects, so it’s unlikely funding for the other segments will be available anytime soon. As for Segment E - Harris County has yet to obtain a federal permit that would allow wetlands to be filled in for the construction of the highway. Without it, Segment E can’t be built.