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Port of Galveston $2.4 Billion Mixed-Use Waterfront Expansion Master Plan

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Source: The Real Deal

Project
Planned

The Port of Galveston is advancing a $2.4 billion, 20-year master plan update to transform the Texas waterfront into a major mixed-use destination. The plan includes development of three new hotels, about 600,000 square feet of retail space, new apartments, multi-level parking garages, industrial and logistics expansion on Pelican Island, two new cruise terminals, and conversion of an existing ter

Status
Prospective
Sector
Seaport, Warehouse, Car parking, Manufacturing (Industrial), Automotive
Location
Galveston, Texas, United States of America
Updated
22 Jul 2026
Source
The Real Deal

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The project “Port of Galveston $2.4 Billion Mixed-Use Waterfront Expansion Master Plan” is an infrastructure initiative in the Seaport sector, located in Galveston, Texas, United States. Taiyo aggregates data on it from The Real Deal.

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Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Port of Galveston is advancing a $2.4 billion, 20-year master plan update to transform the Texas waterfront into a major mixed-use destination. The plan includes development of three new hotels, about 600,000 square feet of retail space, new apartments, multi-level parking garages, industrial and logistics expansion on Pelican Island, two new cruise terminals, and conversion of an existing terminal into a flex berth. It also prioritizes new parks and waterfront walkways to enhance the maritime infrastructure and diversify revenue streams.

Original sector

Development

Budget

Location

Country

United States of America (USA)

State

Texas

City

Galveston

Source

Source

The Real Deal

URL

More Details

Record type

Project

Sector

Seaport, Warehouse, Car parking, Manufacturing (Industrial), Automotive

Article published date

2026-03-26

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