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Project Cost
$20 Million
Client
TWDC
Services Provided
Joint Development, Feasibility Study, Preliminary
Engineering, Environmental Assessment, Pursuit of Funds,
Construction Management |
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TGC pioneered The Woodland’s $20 million Town Center
Pedestrian/Transit Corridor project, a 1.5 mile water
corridor where people can bike, walk, or take a water
taxi or transit vehicle to their choice of restaurant,
retail, entertainment, residential or work destinations.
This at-grade water feature serves as the backbone of
the development that can expand as the need for more
space grows. An elaborate streetscape program along the
corridor creates an attractive environment to draw
pedestrians to the waterway.
Joint Development
TGC and Brazos Transit District forged a unique
partnership between the Federal Transportation
Administration (FTA) and The Woodlands Development
Company (TWDC) to jointly finance the early integration
of a transit corridor into a new, mixed-use urban
center. By leveraging a menu of private initiatives and
federal programs, the partnership has created a vision
for the corridor that would have been impossible under a
more traditional financing approach. Using special
taxing districts, TWDC has been able to capture the
increase in land values that were spun off when the Town
Center Pedestrian/Transit Corridor was implemented.
These funds were then utilized to support further
development and ongoing maintenance of the corridor.
Transit Planning along Water Corridor
TGC performed the feasibility study that explored the
opportunity to intensify development by creating a
non-traditional transportation corridor. TGC led the
preparation of the advanced planning report that served
as the catalyst for securing 50 percent federal funding
support. The firm prepared two environmental assessments
for the project leading to a Finding of No Significant
Impact (FONSI) by the FTA. TGC developed the preliminary
engineering report, including the corridor layout and
design criteria, initial cost estimates, and operational
plans. |
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