Originally Published on January 19, 2022 by The Fort Worth Star-Telegram
$403M coming to Panther Island. Work to begin on development north of downtown Fort Worth
By Harrison Mantas
Updated January 19, 2022
The U.S. Army Corps of Engineers will spend $403 million on a 1.5 mile bypass channel as part of the Central City Flood Control Project, U.S. Reps Kay Granger and Marc Veasey announced Wednesday.
The money will be used to “complete final design of all project components and construction of the bypass channel,” Granger’s press release said.
The 1.5-mile channel will connect sections of the Clear and West Forks of the Trinity River north of downtown Fort Worth. TOP VIDEOS When completed, the channel will create the 800-acre Panther Island. As conceived 20 years ago, Panther Island is intended to be a dense, walkable district that supports 10,000 residents as well as retail and office space.
This is the most money the Army Corps has allocated to the project. Congress approved $526 million in 2016, but disagreements with the Trump administration over the project’s feasibility held up funding. The project has received $62 million in federal funding. The $403 million will come from Infrastructure Investment and Jobs Act passed in November 2021. Veasey said in his statement that he was happy to vote for the bill and to work with the Biden-Harris administration to secure the funding. Granger voted against it.
Read the full article at The Fort Worth Star-Telegram.
