The U.S. Army Corps of Engineers' 2023 plan of projects includes $20 million for the Panther Island project in Fort Worth.

According to a city press release, the funds will continue the design of the project, which will include completing the Clear Fork, Trinity Point and Tarrant Regional Water District isolation gates and TRWD pump station beyond the initial design.

The Fort Worth floodway levees were originally constructed in response to flooding events in the early 1900s. The system was originally modified in the 1950s, and the existing system was constructed in the 1960s, according to the press release.

As a result of congressionally authorized floodway studies, it was determined that modifications are required to reduce flood risk. According to the press release, the project has several components:
  • An approximately 8,400-foot bypass channel
  • Three isolation gates
  • A low-water dam
  • Valley storage mitigation sites—Gateway Park, Ham Branch, Riverside Park, Rockwood Park West, Samuels Avenue and University Drive—to provide flood risk management along the Clear Fork and West Fork of the Trinity River.
According to the press release, the USACE previously received $403 million as part of the Bipartisan Infrastructure Law of 2022. Those funds will be used to develop the initial design of the gates and pump station, complete the designs of the bypass channel and three valley storage sites, and construct the interior portions of the bypass channel, three valley storage sites and all required aquatic mitigation.

Additional funds allow design work to continue on remaining features of the project.