Katy Prairie Stream Mitigation Umbrella Bank

Ironwood Resource Advisors Expands Texas Portfolio with Addition of Katy Prairie Stream Mitigation Umbrella Bank

Houston, Tx, April 16, 2024 - Ironwood Resource Advisors proudly announces the latest addition to its portfolio of Texas projects, the Katy Prairie Stream Mitigation Umbrella Bank (KPSMUB). Situated on the Katy Prairie Preserve in west Harris County, KPSMUB offers stream credits to meet the needs of rapidly expanding communities across the Greater Houston region.

With its service area encompassing the entirety of the Greater Houston region, including Conroe, Cypress, Katy, Freeport, Pearland, Huntsville, Sugarland, and Texas City, KPSMUB stands ready to address the mitigation requirements of development projects throughout this dynamic area.

Ironwood Resource Advisors is equally thrilled to unveil Phase II of the Katy Prairie Stream Mitigation Umbrella Bank in 2024. This expansion is projected to generate over 45,000 additional stream credits, further enhancing the bank's capacity to meet the region's mitigation needs.

Mitigation banks like KPSMUB play a vital role in providing compensatory mitigation for unavoidable impacts to wetlands, streams, and Waters of the United States authorized by the US Army Corps of Engineers (USACE). By offering preapproved environmental offsets, these banks streamline the permitting process and alleviate mitigation liability for developers under Section 404 of the Clean Water Act.

"In the face of Texas' rapid population growth, mitigation banks are essential for maintaining ecological balance, mitigating flooding, reducing sediment, and improving water quality through the restoration and preservation of natural habitats," said Troy Madrigal, Principal of Ironwood Resource Advisors.

For more information about KPSMUB and Ironwood's comprehensive array of 17 mitigation sites across Texas, www.ironwood-ra.com. Ironwood Resource Advisors is committed to assisting clients in managing all their environmental challenges.