Royal Caribbean and Galveston negotiate Pier 14 cruise terminal development
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Galveston Wharves and Royal Caribbean Group are negotiating development of a new cruise terminal at Pier 14. The project follows their 2022 partnership that created a US$125 million terminal complex at Pier 10. An economic impact study projects the fifth terminal could generate 1,500 jobs, US$91.5 million in personal income, US$278 million in direct business revenue and US$7.9 million in state and local tax revenue. 5 de septiembre de 2026 • 2 min de lectura 5 de septiembre de 2026 • 2 min de lectura The Galveston Wharves is in discussions with Royal Caribbean Group over the development of a new cruise terminal and cruise berth at Pier 14, which would further expand the port's cruise infrastructure. A final development agreement is expected to establish the terms covering financing, construction, development and operation of the facility. Once negotiations are completed, a draft operating agreement will be submitted to the Galveston Wharves Board of Trustees for consideration and approval. At its August 25th meeting, the board voted to defer a non-binding memorandum of understanding outlining preliminary terms for the project, allowing port officials to continue negotiations with Royal Caribbean Group. The proposed development would follow a similar public-private partnership established in 2022, when Royal Caribbean Group and the port jointly developed a US$125 million...
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