The City of Houston has approved the Fiscal Year 2025 (FY25) Operating Budget for the Southwest Houston Redevelopment Authority and the FY25-29 Capital Improvement Plan (CIP) Budget for Reinvestment Zone Number Twenty (Southwest Houston Zone). The FY25 Operating Budget totals $34,350,179, with $31,428,773 allocated for project costs, including land acquisition, the reconstruction of Harwin Drive and the South Gessner Road intersection, and the development of the Club Creek Detention Basin and Park. The FY25-29 CIP Budget totals $84,090,000, focusing on infrastructure improvements such as street reconstruction, drainage, and the redevelopment of Sharpstown Mall.
This budget approval supports key infrastructure and economic development initiatives in Southwest Houston. Projects like the redevelopment of Sharpstown Mall and major street reconstructions will drive growth, improve mobility, and enhance public spaces, promoting long-term economic revitalization in the area.