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The Woodlands on finalist list for The Boring Company's tunnel project

The Woodlands is one of 16 finalists for The Boring Company's Tunnel Vision Challenge, the Elon Musk-owned company announced in a post on X, formerly known as Twitter, on March 2.

The backstory: The Woodlands Township board of directors agreed in February to submit a proposal for the challenge, which would enable the construction of a mile-long tunnel in the Town Center area at no cost to the township, Community Impact previously reported.

According to information from The Woodlands Township, the draft concept for a project called “The Current” would includes two parallel 12-foot diameter tunnels that could potentially transport passengers in electric vehicles beneath the Town Center corridor near The Waterway.

What's next: A winner will be announced March 23, according to the company's website.

 
In Your Area
Groundbreaking held for new medical plaza in Shenandoah

A groundbreaking was held for a new medical plaza Feb. 27 in Shenandoah, Visit Shenandoah, the city's convention and visitor bureau, announced.

The details: The 39,833-square-foot, three-story medical office building is being developed by Pinecroft Realty and is built by O'Donnell/Snider Construction, a Houston-based company.

  • Opening in January 2027
  • 8933 Tamina Road, Shenandoah

 
Stay In The Know
REPORT: Lone Star College System ends fiscal year 2024-25 with $163M net income

Lone Star College System finished fiscal year 2024-25 with a net income of $163 million, after subtracting expenses from revenues.

What happened: During the LSCS board of trustees’ regular March 5 meeting, Chief Financial Officer Kristy Vienne presented the college system’s Annual Comprehensive Financial Report for fiscal year 2024-25. The fiscal year ran from Sept. 1, 2024-Aug. 31, 2025.

The gist: Actual totals for FY 2024-25 were:

  • $604 million in nonoperating revenues, which include property taxes and state funding
  • $563.64 million in operating expenses
  • $122.68 million for operating revenues, which includes tuition and grants

The district’s FY 2024-25 net income—expenses subtracted from revenues—was $163 million. For FY 2023-24, LSCS’s net income was $103 million.

Remember this? In August 2024, LSCS’s board of trustees approved the FY 2024-25 budget with $513.1 million each in total projected revenues and total projected expenditures, as previously reported by Community Impact.

 
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