The gist
The work will include improvements around roughly eight different intersections, including a stretch along Business Center Drive and several along Shadow Creek Parkway, according to city documents.
Officials said the work is meant to mitigate “growing traffic congestion,” as the thoroughfares included in the plan are some of the busiest roads in Pearland.
The work, according to city documents, will include:
- Traffic signals
- New left- and right-turn lanes
- Sidewalk work
- Road work
- Improving approaches and merges
What else?
The contract will go to Jerdon Enterprise, which submitted a bid estimating the cost to be around $6.3 million, documents show. While that estimate came in higher than the city engineer’s estimate of $5.7 million, the city budgeted nearly $10.4 million for the project.
Initially, the city will front the costs for the project. However, those costs will be reimbursed using the city’s Tax Increment Reinvestment Zone, or TIRZ, which is set up in the area, officials said.
A TIRZ is a funding mechanism used by cities that freezes the taxable value of an area and places new property tax revenue generated on top of that amount into a separate fund for redevelopment purposes, according to the Texas Comptroller's Office website.
Looking ahead
Work is expected to begin in October and could wrap up next August, according to city documents.