Four projects are permitted. None of them is under construction.
Almost everything written about this corridor is a press release. Below is where each project actually stands, verified against primary sources — and what the gap between the two means for anyone deciding whether to buy here.
Permitted is not built.
A presidential permit authorizes a project. It does not fund it, design it, acquire the right-of-way for it, or pour a single yard of concrete. Every project below has cleared a headline-generating milestone. Not one has broken ground.
Camino Real International Bridge Expansion
Six lanes to twelve, at the existing commercial crossing.
Where it stands: Presidential permit issued June 2025. Eagle Pass City Council awarded the design contract to LJA on 16 September 2025 after a procurement dispute and community pushback. The State of Coahuila committed to design costs on the Mexican side.
Timing: Reported as already three to five years behind schedule, with three to four years of construction once it begins. The Mexican side has moved faster than the U.S. side. Sources: The White House (June 2025); Eagle Pass Business Journal (Sept 2025).
Puerto Verde Global Trade Bridge
A new commercial truck and rail crossing north of the city, in Maverick County.
Where it stands: Presidential permit issued May 2024 to Maverick County for a vehicular, pedestrian, and rail crossing. The Mexican federal government is now the majority stakeholder alongside private investors, with several years of infrastructure preparation already done on the Coahuila side.
Timing: Described by its own developers as being in the concession, engineering, and preliminary project stages. No completion date published. Sources: Border Report / TPR (2024); Mexico Business News (2026).
Green Eagle Railroad
A 1.3-mile freight rail connection linking the border to Union Pacific track, part of the Puerto Verde system and a proposed 19-mile trade corridor.
Where it stands: The Surface Transportation Board approved construction and operation on the Southern Rail Alternative in April 2026.
Timing: Approval is not a start date. The project still needs operating agreements with Union Pacific and BNSF, financing, and environmental mitigation, with status reports due to the STB. There is organized local opposition in Seco Mines and Hopedale. Source: Surface Transportation Board decision, April 2026.
State Loop 480 North
Roughly six miles of new roadway completing the northern section of the loop, with overpasses at US 57, FM 1588, and the Union Pacific line, running to US 277 north of Eagle Pass.
Where it stands: TxDOT project in right-of-way acquisition, with acreage still outstanding.
Timing: Scheduled to let for construction bids in September 2027, with construction estimated to start Spring 2028. US 277 is part of the congressionally designated Ports-to-Plains corridor running north toward I-27 and the Panhandle. Source: TxDOT SL 480 North project page; TxDOT Ports-to-Plains corridor.
The announcement-to-asphalt gap is where capital gets hurt.
None of this is an argument against the corridor. The trade volume is real, the projects are real, and the Mexican side is moving. The argument is about timing, and timing is the variable almost nobody entering this market has underwritten.
Five to ten years of carrying cost
Land bought on a 2026 headline may not see the infrastructure that justifies the price until the early 2030s. Property tax, financing, and opportunity cost across that window is the single most underestimated line in every model we review.
The map moves before the market does
Loop 480 North and a Puerto Verde crossing would route freight north and around the city rather than through it. Ground that is well-positioned for today’s traffic pattern is not automatically well-positioned for the one being built. Sequencing matters more than location here.
Approval is not inevitability
Green Eagle still needs Class I railroad agreements and financing. The Camino Real expansion has already slipped years on the U.S. side while Coahuila moved. Projects at this stage get delayed, rescoped, and occasionally shelved — a plan that assumes all four land on schedule is not a plan.
Mexico is ahead of Texas
On both Camino Real and Puerto Verde, the Coahuila and Mexican federal side has committed funding and done preparatory work ahead of the U.S. side. That asymmetry is the most reliable predictor of what actually gets built here, and it is not visible from a data subscription.
Both things are true: this corridor is repricing, and none of it is built yet. Only one of those is in the price.
This status board is maintained from primary sources and updated as projects move. Detailed analysis — what each scenario does to absorption, land values, and phasing — runs in the quarterly Border Capital Report. Status is reported as of August 2026 and is provided for informational purposes only; it is not a forecast or investment advice, and you should verify current status independently before committing capital.