(Fort Worth, TX) – The Trinity River Vision Authority board of directors has signaled that it will do whatever is necessary to keep the endangered Panther Island project from drowning.

The Fort Worth Business Press reports the TRVA board has launched a comprehensive review of the project.  Among the more contentious matters being reviewed is the escalating cost that has ballooned from $360 million about 14 years ago to $1.16 billion today.  Panther Island project depends on $585 million in federal funds that have so far been rejected for appropriation for the past three years.  $322 million in local money has already been committed.

The goal of the project is to transform the industrial area north of downtown Fort Worth into a residential and entertainment hub while providing flood control protection.