Economic Impacts

Growth and Development

The San Antonio River Improvements Project (SARIP) is an estimated $250 million on-going investment by the City of San Antonio, Bexar County, U.S. Army Corps of Engineers, and the San Antonio River Foundation in flood control, eco-system restoration, amenities, and recreational facilities along the San Antonio River.

In 2006, the San Antonio River Foundation retained Austin-based TXP Corporation, an international consulting firm, to assess the economic impacts and community development implications of this project. Major findings included:

• New land use (residential, office, retail, hospitality, and open space) will increase the local tax base significantly.
• The upgraded and lengthened linear river park will increase tourist visitation and dollars spent.
• New residents and work force will be attracted by an improved quality of life.
• 10,000 new permanent jobs will be created at project “build-out.”

View the complete TXP Corporation SARIP Economic Impact Study (87Kb PDF).