Princeton Infrastructure Investments Driving Economic Development
Strategic Growth Through Smart Infrastructure
Princeton is rapidly transforming into a hub of opportunity through targeted infrastructure investments. With enhanced transportation networks and thoughtful planning, the City is unlocking new economic potential, fostering business growth, and attracting residential and commercial development across the region.
Collin County’s Regional Commitment
In 2021, Collin County voters approved $110.6 million in bond funding for roadway and infrastructure improvements to support the area’s explosive growth.
Key investments include:
$10 million for land acquisition to support the future US 380 freeway, directly benefiting Princeton and Farmersville.
Additional funding to improve mobility, reduce congestion, and increase access to parks and open space—elements crucial for both business investment and quality of life.
US 380: Princeton’s Economic Spine
The Texas Department of Transportation (TxDOT) is currently underway with its plans to widen US 380 (W. Princeton Drive) to six lanes (three lanes in each direction). This expansion will:
Enhance regional freight movement and reduce travel delays
Increase accessibility for commercial and industrial traffic
Support new development along the corridor.
The Future: US 380 Bypass – Engine for Long-Term Growth
TxDOT is also planning the US 380 bypass to create a new, eight-lane freeway with frontage roads that will route traffic around the existing U.S. 380 corridor in north McKinney. This project aims to relieve congestion, improve safety, and accommodate future traffic growth in the area. The bypass will primarily be constructed at a new location, with sections also involving reconstruction and widening of the existing U.S. 380.
This grade-separated freeway would reroute heavy traffic north of Princeton, while creating vast economic opportunity along the bypass route.
Economic and Development Benefits of the Bypass:
Frees up downtown for walkable, pedestrian-friendly growth and small business development
Encourages large-scale commercial and mixed-use development along the new bypass corridor
Reduces congestion and freight traffic through the City center, improving quality of life and safety
Attracts regional investment by improving connectivity to Dallas, McKinney, and beyond
As route alignment and environmental studies continue, the bypass represents one of the most transformative infrastructure projects in Princeton’s history.
Future-Ready Infrastructure for a Connected Community
Beyond roads, Princeton is investing in:
Water, sewer, and storm drainage upgrades
Hike-and-bike trails, sidewalks, and bike lanes to encourage alternative transportation
Walkable design elements that attract businesses seeking employee- and customer-friendly environments
Building for Prosperity
Princeton’s infrastructure plan is more than construction—it’s a strategy for prosperity. From the transformative US 380 bypass to revitalized downtown streets and future-ready utilities, every investment is designed to grow the economy, create jobs, and position Princeton as Collin County’s next center of opportunity.