Foster Development Corporation Approves $644K for Business Development Projects

August 11, 2025 | Fulshear, Fort Bend County, Texas


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Foster Development Corporation Approves $644K for Business Development Projects
The Fulshear Economic Development Corporation (EDC) held a regular meeting on August 11, 2025, focusing on proposed projects and financial matters for the upcoming fiscal year. The meeting began with no citizen comments, indicating a lack of public input on the agenda.

A significant topic discussed was a public hearing on various projects planned for fiscal year 2025-2026. The board proposed expenditures totaling approximately $644,688 aimed at promoting new or expanded business development. Key projects highlighted included the Harris Street Sanitary Sewer Improvements, which is allocated $478,021, and the Texas Heritage Parkway, with a budget of $91,667. Additionally, $50,000 is earmarked for community events, and $25,000 is designated for the Fulshear Business Entrepreneurship Hub, a new initiative aimed at fostering local business growth.

The board clarified that while the Harris Street project and the entrepreneurship hub are new initiatives, the other two projects have been ongoing for several years. After a brief public hearing, which lasted just over a minute, the board closed the discussion on this item.

Following the public hearing, the board moved to approve the minutes from the previous meeting held on July 14, 2025, which was unanimously accepted. The meeting also included discussions on financials and payables for the corporation for the period ending June 30, 2025, although specific details on these financial matters were not elaborated during the session.

Overall, the meeting underscored the EDC's commitment to enhancing local infrastructure and supporting business development in Fulshear, with a focus on both new and ongoing projects.

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