Construction started Monday on a new I-10 access road in Seguin.
The $4.7 million project is slated to cover over a mile and half between Highway 46 and Farm to Market Road 464.
"This is what we call one of those no-brainers,” said Phil Seidenberger, president of Seguin Economic Development Corporation.
Seidenberger, speaking of the decision of the City of Seguin and the Seguin Economic Development Corporation to fund part of the road project, said it was an easy decision because of future plans for the stretch of road.
NewQuest, a development company, has plans to build a massive retail development on the plot of land that sits along the proposed frontage road. The development is expected to produce a large economic impact for the city of Seguin.
"We just believe that with the infrastructure that's going to be here at the front; the retail activity is just going to bust at the seams,” said NewQuest Properties partner Kyle Lippman. “We're excited and we're excited about this area."
In this rare case, the road project is completely funded by local money. The City of Seguin, along with the Seguin Economic Development Corporation, is putting in $2.5 million.
NewQuest Properties, the developer, is putting in the remaining $2.2 million.
"Our community has been begging for retail, they've been begging for all the things a development like NewQuest can bring to our community,” added Seguin Mayor Don Keil.
The retail development is scheduled to begin construction in 8 to 12 months, while the road construction has already begun. The current frontage road, which runs from Highway 46 to Friesenhahn Road, will eventually become a two-way frontage road.
The road project is slated to finish up in the summer of 2014.