Katy, TX News (January 19, 2017) – On January 11, 2017, the Katy Area Economic Development Council (Katy Area EDC) and its Board of Governors passed a resolution to support the widening of FM 1463 in the Katy area between I-10 and FM 1093, which will provide for enhanced mobility. TxDOT has identified $15 million in funding for widening a segment of FM 1463 between I-10 and Spring Green Boulevard.
Katy Area EDC passed the resolution in an effort to support TXDOT and advocate for further widening of FM 1463 to FM 1093 of which the estimated total cost of the entire widening project is roughly $81 million. The Katy Area EDC supports TxDOT ‘s identification of funding to complete the entire project prior to 2021. Additionally, the Katy Area EDC along with developers and citizens are requesting interim measures such as better coordination of traffic signals, and extending and adding right turn lanes on U.S. Interstate 10 at FM 1463.
“We believe the widening of FM 1463 from I-10 to FM 1093 is vital for enhanced mobility and the continued growth and development of the western portion of the Katy area,” says Katy Area EDC President/CEO Lance LaCour. “We have seen explosive growth in this portion of our community and we must have the road and public infrastructure in place to meet the needs of our growing residential and business communities.”
Founded in 2003, Katy Area EDC aims to establish the Katy area as the premier location for families and businesses through planned economic growth and economic development. Since its inception, the Katy Area EDC has grown to over 210 members, has a budget of $900,000 and has assisted in the creation of over 16,000 jobs and more than $2.5 billion in capital investment. Katy Area EDC is a full-service private, non-profit, 501 (c) 6 economic development corporation.