Wealthy Developer Finds Money to Fund Freeway Project, Despite Opposition
Schmitt explains how a man named Ned Holmes, who claims to be a developer but has no website or known developments, stepped forward to fund an unpopular freeway project:
"A real estate developer, Texas DOT commissioner and prominent businessman, Holmes "found" the $350 million in unbudgeted money needed to move the project forward another 15 miles in its relentless, multi-decade march into the Houston region's last natural grasslands.
In many ways Ned Holmes fits the profile of the government officials that have pushed this project forward in the past: He's a real estate developer occupying a public office that gives him enormous power to shape the built environment."
Thanks to Angie Schmitt