Pearland funded 100% of the design, construction and additional costs of the project, said Danny Perez, a public information officer for the Texas Department of Transportation, to Community Impact Newspaper in an email.
The funding from Pearland's portion of the project came from the city's certificates of obligation, the economic development corporation and Brazoria County, city of Pearland Director of Communications Joshua Lee said in a written statement.
TxDOT oversaw the letting and management of the project, Perez said. According to TxDOT, the construction aimed to improve the access to the surrounding businesses and residences, reduce congestion and reduce waiting times at adjacent intersections along Hwy. 288.
The estimated construction cost is $4.8 million, Perez said, and TxDOT expects to be substantially complete with the project by late September.