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Press Release - Ferrovial awarded SH 99 Grand Parkway construction project in Texas
PDF 0.16 MB| 13 MAY 2026
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JPG 1.52 MB| 13 MAY 2026
Ferrovial, a leading global infrastructure company, has been selected by the Texas Department of Transportation (TxDOT) to design, build, and maintain the SH 99 Grand Parkway Segment B-1 project southeast of Houston, Texas. Valued at approximately $1.47 billion, the nearly 15-mile construction project spans Brazoria and Galveston Counties and marks a significant milestone in the continued expansion of the 184-mile Grand Parkway loop.
"We're proud to work with TxDOT on this important project for the growing Houston region. This award reflects our shared commitment to delivering high-quality infrastructure that serves Texas communities," said Ignacio Gaston, Ferrovial Construction CEO. "Building on our success with SH 99 Segments H and I-1, we look forward to enhancing mobility and connectivity across southeast Texas."
Segment B-1 will be delivered under a design-build contract with a capital maintenance term of up to 15 years and includes:
- Construction of four new tolled lanes operated by TxDOT
- Discontinuous frontage roads
- Direct connectors at SH 35 and the new SH 99
- Operational upgrades to SH 35
The project will relieve congestion, improve regional travel reliability, and support economic growth, while also enhancing emergency and hurricane evacuation capacity. Final contract execution is anticipated this summer, with substantial completion targeted for winter 2031-2032.
Download Files
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Press Release - Ferrovial awarded SH 99 Grand Parkway construction project in Texas
PDF 0.16 MB| 13 MAY 2026
- Download image
Image - Press Release - SH 99 Grand Parkway - Segment B-1
JPG 1.52 MB| 13 MAY 2026
- #Construction
- #Awarded Contracts
- #Concessions
- #Conservation and restoration
- #Construction
- #Corporate
- #Design and construction
- #Expressways
- #Maintenance
- #Mobility
- #Rehabilitation and conservation
- #Road transport
- #Roads
- #Urban mobility
- #Works
- #United States
- #Ferrovial
- #Webber