The City of Laredo Receives $1.5 Million in Federal Investment to Support Business Development in North Laredo
Written by admin, Jul 8, 2022, 0 Comments
Courtesy David Alegria,
Laredo, Texas — The City of Laredo and the Office of Congressman Henry Cuellar have announced an awarded $1.5 million federal grant from the Economic Development Administration (EDA), which will contribute towards the Springfield Avenue Extension project in North Laredo (District 6).
Parallel to IH-35, the Springfield Avenue Extension Project is a four phase project connecting Springfield Ave. from Del Mar Blvd. to Bob Bullock Loop. Funding from EDA will be used to help construct and develop Phase Two of the project, which involves construction of a new road and infrastructure connecting Springfield Ave. between International Blvd. and Shiloh Dr.
The road extension will increase commercial and residential developments within the area as well as new ad-valorem taxes, reduce traffic congestion and related accidents, and enhance the entire transportation network.
“We are very proud to collaborate with our federal partner to ensure the prosperity of District 6,”states Council Member for District 6, Dr. Marte Martinez. “Not only will this road ease congestion, but it will also increase business in the District 6 area by adding multiple jobs for our City and enhance efficiency for the transportation network.”
