Fort Worth's Panther Island Project May Be Scaled Back

Alan Scaia
October 23, 2018 - 6:56 am
Fort Worth

Credit: J.Burkett Photo

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FORT WORTH (1080 KRLD) - The mayor of Fort Worth says plans for Panther Island may need to be scaled back. Betsy Price says she may also call for an audit.

"We have to go back and figure out how we get the wheels back on, just flood control," says Mayor Price.

The project is expected to cost $1.1 billion. Voters approved a $250 million bond earlier this year, and the US Army Corps of Engineers has pledged $500 million.

The Panther Island project would reroute the Trinity River north of Downtown Fort Worth as part of a flood control project. The plan would create an island, and Fort Worth has been planning high-density, mixed use development along with a river walk.

Construction on three bridges has already started, but the Corps of Engineers left the money out of next year's budget.

"Nothing's cut as far as funding, nothing's slowing down, nothing's stopping," says the Trinity River Vision Authority's Matt Oliver. "We're moving full speed ahead.​"

Oliver says funding may be delayed because the Corps of Engineers is dealing with hurricanes and flooding in other parts of the country.

Price met with the federal Office of Management and Budget in Washington earlier this year. She says she was told a cost-benefit analysis would be needed.

Price says the audit would look at management and the finances of the entire project.

"I think you need to look at the project as a whole," she says. "See what's really being done, which pieces are still lacking."