Skip to main content

Galveston County's New Developments to Drive Economic Boom

Published Feb 14, 2024 by Hailea Schultz

Margaritaville Resort Galveston

Margaritaville Resort Planned for Galveston

Nestled along the Gulf Coast, Galveston County is thriving with new developments, blossoming into a sought-after vacation destination.

The county is bounded by many unique cities, including Clear Lake Shores, Dickinson, Friendswood, Hitchcock, Jamaica Beach, Kemah, La Marque, League City, Santa Fe and Texas City. With a bustling population of 335,036 residents, the County’s population grew by more than 15 percent between 2010 and 2017, according to Galveston County Economic Development.  

Several key elements drive the ongoing growth and development of the county, rendering it an enticing destination for vacationers and businesses alike, including:   

Business Community 

Historically anchored in the oil and gas industry, Galveston County remains a vital player in energy production and refining. However, its economic landscape has diversified, embracing a broader spectrum of industries. 

Among these emerging sectors, the tourism and hospitality industry has gained prominence, fueled by the allure of beaches, historic sites and a flourishing cultural scene. 

Additionally, Galveston's port, one of the nation's busiest, bolsters trade and commerce, making it a key hub for shipping and logistics. Healthcare has also become a key industry, propelled by major medical facilities in the county including John Sealy and Jennie Sealy Hospitals in Galveston and HCA Houston Healthcare Mainland Hospital in Texas City.  

Many of the county’s largest employers include Dow Chemical, Landry’s, Mainland Medical Center, Moody Gardens and Valero Texas City Refinery, according to Galveston County Economic Development

Infrastructure 

With a thriving business community as its backbone, Galveston County also benefits from a robust and well-developed infrastructure, sustaining its dynamic economic activities and enhancing the quality of life for its residents. 

The county's transportation network is anchored by a sophisticated system of highways, including the I-45 corridor, facilitating efficient connectivity to major cities like Houston. To further increase this connectivity and accommodate the demand of a growing population, many improvement projects are underway or have recently been completed that will transform the county’s major roadways.  

In July 2023, the Texas Clear Lane Project at Interstate 45 from the NASA 1 Bypass to Farm to Market Road 518, was completed. The project, which began in 2017, included the widening of I-45 to 10 main lanes, the addition of two three-lane frontage roads and access into two HOV diamond lanes and improvements to traffic signals on FM 518, according to TxDOT

Other projects include the Hwy. 146 Project, which includes the widening of the highway from six lanes to twelve at Red Bluff Road to Hwy. 96 and the addition of an express bridge through Seabrook and Kemah and the expansions of Highway 3, SH87 (Bolivar Peninsula), FM646 and FM517.  

Additionally, Galveston County is home to the Port of Galveston, a vital maritime gateway, supporting international trade and commerce. Complimenting this, the county is also served by several airports, including Scholes International Airport, located on Galveston Island, and William P. Hobby Airport, located only 10 miles from the county, ensuring seamless air travel accessibility.  

Moreover, the county demonstrates its commitment to bolstering flood mitigation efforts. This dedication is evident through ongoing improvements to drainage systems, addressing challenges posed by its coastal location. 

New Development 

Amidst this landscape, the county has become a hub for new developments, with resorts and master-planned communities emerging as significant contributors to its diversified identity. 

In Texas City, construction is poised to begin on a nine-story Sports Illustrated Resort adjacent to the beloved Lago Mar Lagoon, a centerpiece of a sprawling master-planned community. The new resort aims to be the go-to game-day spot, offering the Stadium Sports Grill restaurant and a public Beach Club which includes beachside cabanas, resort-style amenities and a swim-up bar, according to the Houston Business Journal.  

A Margaritaville Resort is expected to take shape in Galveston this year, spanning 300,000 square feet of the island. The resort will feature an extensive range of on-site amenities including pickleball courts, an entertainment center that features an arcade for all ages, a 350-foot lazy river, a spa and signature Margaritaville bars and eateries.  

Legacy, an expansive modern ranch-theme master-planned community is underway in League City. The 805-acre development will include 1,630 homes, an amenity complex, various waterways with launch areas, parks with walking trails, a recreation center and play areas for children, according to the Houston Business Journal

Friendswood is also starting to see growth in development as construction on a 54-acre mixed-use district dubbed City Center begins. City Center will feature retail, medical and office space, along with a 500-unit apartment complex, a 150-room boutique hotel, a restaurant and a convention center, according to the Houston Business Journal. Additionally, the project includes a 52-acre park, featuring running and biking trails, a fishing lake, parking and public restrooms.  

Additionally, Port of Galveston announced that MSC Cruises will build a 165,000 square foot terminal at Pier 16, which will serve as the homeport of the MSC Seascape. The new cruise ship will begin sailing in Nov. 2025.  

Learn more about the counties that make up the greater Houston region.

 

Related News

Region

Growth in Spring Boosts New Residential and Medical Developments

4/5/24
As new development flourishes along the bustling FM 2920 corridor in Spring, the area is experiencing a remarkable surge in growth.  According to Community Impact, from 2016-2021, the zip code 77388, which encompasses the FM 2920 corridor, saw a 21 percent increase in population. As the North Houston suburb continues to attract residents, developers have expanded their footprint in the area. A Transwestern Houston Multifamily Market report shows that the Spring/Tomball submarket ranked the third highest for total new construction within the metro with 1,329 units in Q2 of 2023.   Click to expand Among the developments along the corridor are two new apartment complexes, Territory at Falvel and Virtuo Spring. Both are slated for completion this year. City Place, a 2,000-acre mixed-use district, is also adding a 326-unit apartment complex dubbed Echo Lake.   Additionally, the Everstead at Windrose, a 194-unit single-family rental community, is nearing completion. The project will feature world-class amenities including a resort-style pool, fitness center, playground, dog park and coffee shop.   Click to expand Medical developments are also growing in the area. The Spring Medical Plaza, a 55,354-square-foot medical complex, is set to open in May, securing a local surgical center as its first tenant. Kelsey-Seybold also recently opened its 40,000-square-foot expansion of its Spring Medical and Diagnostic Center.  “Kelsey-Seybold Spring Medical and Diagnostic Center has deep roots in this community, and as the area is growing, we are growing with it,” said Cecilia Fowler, Kelsey-Seybold senior director, Ambulatory Care, North Region in a statement.  Click to expand Gosling Oaks, a 50-acre mixed-use development, is also underway in the area. The property, projected to be completed next year, will incorporate 40,000 square feet of medical and professional office space, along with 100,000 square feet dedicated to retail and restaurant use.   Growth in development has driven enrollment rates at Spring ISD (SISD) schools to skyrocket. According to Community Impact, SISD’s enrollment increased by 628 students in the 2022-23 school year, marking a 1.9% increase from the previous year—the largest enrollment growth the district has had in more than a decade.  To accommodate growth, SISD is set to break ground on a new a site for Spring High School in 2025. According to a SISD news release, the school will sit on a 185-acre site and will feature state-of-the-art amenities and technologies and modern classrooms.   “We are so proud to support the campus’ future growth and the limitless possibilities this affords our students,” said school board President Justine Durant in the same news release.  Click to expand The district also recently unveiled plans for the Education, Performance and Instruction Center (EPIC), which will serve as a hub for districtwide events, including educational and performing arts showcases and high school graduation ceremonies. EPIC is expected to break ground next year with a target opening date of 2027.  Learn more about Houston’s Neighborhoods and Communities.  
Read More
Region

Fulshear’s Population Boom Drives Surge in New Development

3/21/24
Located west of Houston, the once small town of Fulshear has transformed into a bustling community, emerging as one of the fastest-growing cities in the state.   According to the U.S. Census Bureau, the city's population skyrocketed from 1,134 in 2010 to 16,856 in 2020, and as of July 2022, it surpassed 34,000 residents.  To accommodate growth, the city council is working to redraw the boundaries of its five districts. According to the Houston Chronicle, District 1, which contains most of the city’s current and future development, is on track to be significantly more populated than the other districts. In turn, the council hopes to begin the process to better align with the 2030 U.S. Census Bureau Report.   Meanwhile, the city has also undertaken initiatives to improve its infrastructure, supporting projects such as the expansion of FM 1093, which will later connect residents to the energy corridor, the Texas Medical Center and other areas of Houston, according to Fulshear Assistant City Manager Zach Goodlander. Additionally, work is underway to enhance walkability in Fulshear’s downtown district, including the addition of pedestrian sidewalks and the reconstruction of its main streets to alleviate traffic.  Fulshear’s rapid population growth has also sparked a surge in residential development, making it one of the most highly sought-after communities in the region. According to the Houston Association of Realtors’ Hottest Communities in the Houston Area report, the Fulshear area had the greatest percentage increase of home purchases in the fourth quarter of 2023, with transactions jumping 103.6 percent year-over-year.  Click to expand The city currently boasts a vast portfolio of master-planned communities and will soon add another one to its list with Cross Creek West. When complete, the 1,258-acre community will accommodate more than 3,000 homes. While home sales have already begun, the community’s upscale recreation complex and pool are expected to open this year.   “Fulshear is a popular and growing area that has excellent schools, abundant shopping and great access, thanks to the Westpark Tollway and Texas Heritage Parkway that opened,” said Rob Bamford, Senior Vice President and General Manager of Cross Creek West, in a statement.  Click to expand As new developments breathe life into Fulshear, the city is concurrently working to enrich the quality of life of its residents. Last year, the city opened the Fulshear Branch Library, a $13.4 million upgrade offering a larger space compared to its predecessor, along with added amenities such as an outdoor patio, study rooms and a state-of-the-art computer lab.  Click to expand Additionally, construction is expected to commence this summer on Eagle Landing Park, Fulshear’s newest green space which will feature soccer fields, a playground and a walking trail and Fulshear Central, a 125,000-square-foot mixed-use center that will feature a 100-room hotel, office condos, retail, walking trails and green space for community events and gatherings.  "[In Fulshear], you have the best of both worlds," said Don McCoy, President of the Fulshear-Katy Area Chamber of Commerce in a statement. "We have an old downtown district, but we also have a commercial district. There's something for everyone."  Discover more about the ongoing growth in Fort Bend County. 
Read More

Related Events

Executive Partners