The Port of Galveston has approved a 20-year strategic master plan to expand cruise and cargo infrastructure and support long-term growth. The plan outlines a total investment of approximately $2.4 billion over the next two decades.
The project includes the development of up to three new cruise terminals, additional parking facilities, and expanded cargo handling capacity. The port aims to increase cargo throughput from about 3 million tons annually to more than 5 million tons within the next five to ten years. The plan also includes new hotels, retail space, a waterfront pedestrian greenbelt, and a maritime park.
The plan builds on earlier expansion efforts completed ahead of schedule, including new cruise terminals and roadway upgrades. The port will continue development on Pelican Island, including improvements to road and rail bridge access and support for industrial activity on the site.
The expansion supports projected growth in cruise traffic and cargo volumes. The port currently handles approximately 3.6 million cruise passengers and 2.9 million tons of cargo annually.