What you need to know
The project—which is designed to improve traffic flow and overall safety—looks to improve traffic signals and turn lanes at the Oak Run Parkway and Hwy. 46 intersection, according to agenda documents.
Roadway striping will also be updated, along with sidewalk widening. The intersection will be realigned and there will also be upgrades to drainage—all of which will increase the efficiency of the intersection and help accommodate current and future traffic demands, according to an email from Kristina Perry, marketing director at ASA Properties.
ASA Properties is a Texas-based real estate firm that specializes in master-planned residential land development. Veramendi, a master-planned community west of New Braunfels, is the boutique firm's signature project.
The improvements are required under the development agreement between Veramendi and the city. Although construction of the improvements is being performed directly by Veramendi, the ROW is being acquired by the city, according to agenda documents.
The project is part of a broader partnership between Veramendi and the city of New Braunfels, Perry said in the email.
“These investments reflect our commitment to supporting responsible growth and enhancing mobility for residents and visitors citywide," she said.
The project costs approximately $1 million for construction and ROW. The ROW acquisition is being funded by traffic impact fees that have been collected from the Veramendi development and affect two properties, agenda documents state.
What’s next
Construction is expected to begin within the next couple of months, or in December or January, and the work is anticipated to take about six months to complete, Perry said in the email.
