Waco releases details of new $180 million downtown development

I'm trying not to get too excited about this one since similar projects pop up every few years, never to be heard from again after the initial hubbub dies down and the people involved fail to get the funding they need. But I'm failing.

According to the WacoTrib, Waco City Manager Larry Groth released the details of a massive investment project today that would change the face of downtown Waco and the area adjacent to the Brazos River. The proposal, the only bid submitted in response to Waco's invitation, includes plans for hotels, restaurants, a movie theater, and several other major construction projects. Like I said, this would be absolutely huge for Waco's continued development should it actually come to pass.

Also like I said, however, I'm trying to temper my enthusiasm given that we've walked down this road before. At least this time, the guys involved actually own a large section-- nearly all, it seems-- of the land needed to make the development reality. Funding will no doubt be a serious issue to overcome, but there's one big change from every previous iteration: Baylor Stadium. Baylor's investment, partnering with the City of Waco, and the infrastructure being built along I-35 on that side of the river should pay tremendous dividends down the road, and this may be the first we're seeing of those dividends. I can't help it; I'm excited.

UPDATE: KWTX actually has renderings accompanying the proposal. The view in the first rendering looks SW from north of the stadium site.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Our Daily Bears

You must be a member of Our Daily Bears to participate.

We have our own Community Guidelines at Our Daily Bears. You should read them.

Join Our Daily Bears

You must be a member of Our Daily Bears to participate.

We have our own Community Guidelines at Our Daily Bears. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker