‘The new I-35’: SH 130 corridor drives development east of Austin
The emerging status of State Highway 130 (SH 130) as “the new I-35” has been the subject of much discussion recently. This roadway is not only facilitating travel between Mexico and the Midwest, but is also driving substantial economic growth east of Austin, Texas.
The Gist
At a recent event held by the Pflugerville Community Development Corporation, a panel of regional leaders shed light on the development of SH 130 and the potential it holds for the area. The mayors of Pflugerville, Lockhart, and Manor, as well as representatives from various industrial and mixed-use development firms, were present to share their insights. The vision of SH 130 as a linking route between Austin and San Antonio was also put forth.
Sorting Out The Details
A significant takeaway from the discussion was the necessity for an expansion of the arterial road systems surrounding SH 130. Lockhart Mayor, Lew White, highlighted that a surge of growth brought about by the highway has intensified the need. This growth has been particularly pronounced as large tech companies, including Samsung and Tesla, have set up businesses along SH 130 near Austin.
However, procuring funds for smaller road system expansions has proven challenging for these smaller communities. The mayors expressed their trouble in securing funds from the Texas Department of Transportation, emphasizing the need for more local contributions towards these expenses.
The Framework
SH 130 is a 91-mile toll road that runs parallel to I-35. The construction of this toll road began in 2003, as a part of the Texas Legislature’s initiative to partner with the private sector for transportation improvements. The completion of the SH 130 project in 2012 resulted in Texas’s first privately developed highway. To improve the road’s appeal, an 85mph speed limit was implemented, marking the highest speed limit in the United States.
Putting It In Perspective
Developers emphasized the role that transport initiatives and accessibility play in driving areas of large economic development impacts, such as The Domain in Austin. They predicted that introducing affordable housing to the SH 130 corridor would stimulate commercial and retail development growth, fostering a thriving employment sector in the process.
Looking Ahead
Developments driven by international companies such as Samsung have initiated infrastructure growth and development eastwards along the corridor. This international investment, along with the industrial developments along SH 130, has enhanced the area’s global presence.
The vision put forth by the panel suggested a future where SH 130 would serve as a link between Austin and San Antonio, mirroring the connectivity seen in the Dallas-Fort Worth metropolitan area. As the region continues to grow, it’s predicted that the real estate between I-35 and SH 130 will become highly sought after.
As the SH 130 corridor continues to evolve, its role in driving economic growth and facilitating long-distance travel is apparent. This development, along with its potential to connect major cities, marks SH 130 as the “new I-35.”
