Skip to main content

Fulshear Lands as Second Fastest-Growing City in Nation

Published Jun 07, 2024 by Hailea Schultz

Fulshear Gateway

Fulshear Gateway Rendering Courtesy of ICO Commercial

Fulshear, a bustling community in Fort Bend County, has seen significant growth, emerging as the second fastest-growing city in the nation.

According to the U.S. Census Bureau, Fulshear’s population increased by 25.6 percent in 2023. The Greater Houston Partnership’s monthly report also shows that Fulshear’s population has grown by over 70 percent since 2021, with over 42,000 residents.  

To accommodate the ongoing growth, numerous new projects are in development, offering residents places to live, work and play. Among these is Fulshear Junction, a recently announced 126.9-acre mixed-use development. Situated north of FM 1093 and west of Wallis Street, this project will bring 251 single-family homes and feature a variety of shops, restaurants, offices, parks, recreational areas and a daycare facility, according to Community Impact.  

Additionally, Fulshear Gateway, a 20,000 square foot retail center, recently broke ground at the intersection of Wallis Road and FM 359, near the city’s downtown district. The development will have three buildings, featuring a mix of restaurants, retail, medical and beauty services. According to Community Impact, construction is expected to be completed in 2025.  

Meanwhile, developers are also addressing the influx of new residents by launching master-planned communities to meet the demand. Cross Creek West, a 1,258-acre development, will add more than 3,000 homes upon completion. Additionally, Cross Creek Ranch, a 3,200-acre community, will bring over 5,000 homes to the area. 

To continue to draw people, businesses and developers to the area, the city recently proposed a nearly $70 million Capital Improvement Plan for projects in fiscal year 2024-25. The plan encompasses various projects, including drainage, facilities, parks and technology, streets and traffic, water and wastewater initiatives.

Notably, the plan allocates the largest portion of funding, $40.82 million, to wastewater projects. The proposed funding for drainage includes the Downtown Eastside drainage project, which aims to eliminate the need for on-site detention for businesses.

Additionally, the city is also working to add concrete paving, a pedestrian plaza and street parking to Harris Street from FM 1093 to Fifth Street, making the area more walkable. Construction on Harris Street is set to begin this summer and is expected to be completed in 2025.

“[We are] hoping to see that mixed-use lifestyle type of place, where we will have retail and restaurants and things to do for our young families, our teenagers—really everyone of all ages,” said Annel Guadalupe, Economic Development Director of the Fulshear Development Corporation in a statement. “We’re starting with Harris Street, but the hope is to really do all of downtown, one street at a time, so we can really see that come to life.” 

Discover more about the ongoing growth in Fulshear

Related News

Economic Development

Greater Houston Partnership & Center for Houston’s Future Lead Mission to Japan & Korea to Strengthen Global Clean Hydrogen Partnerships

11/8/24
The Greater Houston Partnership and the Center for Houston’s Future (CHF) recently led a delegation of clean hydrogen sector leaders to Japan and South Korea. This mission aimed to advance collaboration and strengthen ties within the rapidly expanding global clean hydrogen ecosystem, marking a significant step in Houston's leadership in the energy transition.  During the visit, Brett Perlman, Managing Director of CHF, signed a Memorandum of Understanding (MOU) with the leader of the Japanese Hydrogen Association, setting the stage for strategic collaborations that will boost clean hydrogen production both in East Asia and along the U.S. Gulf Coast.  Key moments of the mission included the Japan – U.S. Gulf Coast Clean Hydrogen Roundtable, where Perlman and Partnership Vice President of International Investment and Trade John Cypher shared insights into Houston’s hydrogen leadership.  Delegation members had the opportunity to tour cutting-edge hydrogen facilities across Japan and South Korea, including Chiyoda’s Liquid Organic Hydrogen Carrier (LOHC) production plant, Hanwha Daesan’s green energy fuel cell facility, Hyundai HyNet’s steel hydrogen shipment center, the SK Hydrogen Liquefaction Plant, and Bloom Energy’s fuel cell production facility. The group also met with high-level government officials from Yokohama, Kawasaki City, and Tokyo to discuss future collaborations.  The delegation also participated in H2 Week 2024 in Seoul, Korea, one of the world’s premier hydrogen conferences, where they connected with South Korean government officials, energy leaders and industry innovators.   “Strategic partnerships with key international allies are amplified by these missions and crucial for unlocking the full potential of emerging industries like clean hydrogen. At a time where energy and energy security are paramount, these missions not only reinforce Houston’s position as the global energy capital but also foster prosperity in the region. Together, we’re forging innovative solutions the world urgently needs in today’s energy landscape,” said John Cypher, Partnership Vice President of International Investment and Trade.  Houston’s Gulf Coast region was recently designated as one of the nation’s seven hydrogen hubs by the U.S. Department of Energy and is poised to play a pivotal role in this emerging sector. The Gulf Coast already accounts for more than a third of U.S. hydrogen production and is equipped with over 1,000 miles of hydrogen pipelines spanning 48 production facilities. In addition, the HyVelocity Hydrogen Hub, led by a coalition of seven core industry partners with support from academic and other organizations like CHF, is set to receive up to $1.2 billion in funding from the Bipartisan Infrastructure Law.  The growth of the clean hydrogen sector in the Houston region is expected to create up to 45,000 direct jobs, 35,000 construction jobs, and 10,000 permanent positions. International collaborations with partners like Japan and Korea, Houston’s fourth and seventh largest trading partners, will be essential for sustaining and accelerating this growth.  Learn more about Houston's hydrogen ecosystem.
Read More
Economic Development

Texas, Houston Earn Top Marks for Business Climate and Foreign Trade

11/5/24
Texas and Houston have once again earned top accolades for economic development from Site Selection Magazine, highlighting the region’s attractiveness for business. A survey of business executives also affirmed Texas as the top state for business climate, with Houston listed as one of the “places to grow fast.”   These rankings are based on the perspectives of corporate decision makers. Criteria for the rankings included the executive survey, 2023 Governor’s Cup rankings, Inc. 5000 companies, total and per capita economic development projects as well as various other Conway Data rankings. In addition to the rankings, a survey of site selectors yielded a list of most important criteria, naming utilities, workforce skills, land and building prices and ease of permitting and regulation.  The study gave special notice to Chevron’s recent headquarters relocation to Houston, its low-carbon and ammonia production plant in Baytown and the company’s success working with the Texas General Land Office for the largest offshore carbon dioxide storage lease in the U.S. These examples of business expansion reflect the region’s business-friendly environment.  Texas earned the top state for business climate and top state for FTZ impact, with the Port of Houston being named the seventh-ranked foreign trade zone out of nearly 300 nationally. Texas ranked number one in merchandise received and exports, coming at the top of the list for warehouse and distribution exports and production activity. Much of Texas’s acumen can be traced to Houston, the top exporting metro in the United States – more goods are exported from the Houston metro than New York and Los Angeles combined.  “The evidence is clear that Texas is a top destination for business, and Houston’s business climate stands as a leader attracting new foreign and domestic investments,” Partnership SVP of Economic Development Craig Rhodes said. “We have the essential foundation for any business to succeed, backed by our robust infrastructure, regulatory environment, a skilled workforce, and a deep understanding of company needs. Here in Houston, we offer an exceptional platform for businesses to thrive and make a meaningful impact both domestically and internationally.”  This news further underscores Houston as a top destination for foreign trade and investment, along with the 2023 Financial Times-Nikkei ranking as the top U.S. city for foreign investment. With the nation’s busiest port by tonnage, a welcoming culture and regulatory environment, an ambitious workforce and favorable real estate pricing, Houston serves as fertile ground for business to thrive.  To read further on what makes Greater Houston a top destination for business, visit our Economic Development page. 
Read More

Related Events

Economic Development

Houston Region Economic Outlook

Tickets now on sale! Featuring economists and industry leaders, the Houston Region Economic Outlook takes a close look at the core industries driving job growth and economic indicators measuring the…

Learn More
Learn More
Executive Partners