If only they had included one more sentence from the original quote.
https://www.click2houston.com/news/local/2024/02/25/4th-cruise-terminal-complex-coming-to-port-of-galveston/
“The port will develop the $100 million cruise terminal, $42 million parking garage, internal roadway and other improvements at Pier 16 beginning in early 2024. The estimated $142 million project will be funded with port cash reserves and revenue bonds. The port will convert an existing cargo warehouse into the 165,000-square-foot cruise terminal,” the port said in a news release.
“We’re able to begin this new project now because Del Monte Fresh Produce Co., a long-standing cargo tenant, has outgrown its facilities in Galveston. We are happy to see that Del Monte was able to relocate 30 miles to the south in Freeport, thus retaining its regional economic impact. We leveraged this opportunity based on the unprecedented popularity of the cruise industry and our optimal location in the central part of the United States,” Rees said.