The latest version of a massive coastal barrier system is nearly in a form that could be presented and completely recommended to Congress for funding, officials said Tuesday.
Days before planned release of the newest version of the Coastal Texas Study, the U.S. Army Corps of Engineers and Texas General Land Office said they have the clearest picture yet of what a surge protection system would look like on Bolivar Peninsula, Galveston Island and inside Galveston Bay and how much it would cost.
The current plan would cost $26.2 billion, according to the corps. Most of that price, about $17.6 billion, would cover the cost of the sea gate and dune system on Bolivar Peninsula and Galveston Island. Protections inside the bay, including a ring barrier around part of Galveston, would cost $5.9 billion.
The agencies now estimate the system will provide $2 of benefits for every $1 spent, officials said.
Project renderings can be found here.