TGC pioneered The Woodlands $20 million Town Center Transit and Pedestrian Corridor project, a 1.75-mile water corridor where people can bike, walk, or take a water taxi or transit vehicle to their choice of restaurant, retail, entertainment, residential or work destinations. This at-grade water feature served as the backbone of the development that could expand as the need for more space grew. An elaborate streetscape program along the corridor created an attractive environment to draw pedestrians to the waterway.
TGC and The District forged a unique partnership between FTA and The Woodlands Development Company (TWDC) to jointly finance the early integration of a transit corridor into a new, mixed-use urban center. By leveraging a menu of private initiatives and federal programs, the partnership created a vision for the corridor that would have been impossible under a more traditional financing approach. Using special taxing districts, TWDC was able to capture the increase in land values that were spun off when the Corridor was implemented. These funds were then utilized to support further development and ongoing maintenance of the Corridor.