Master Developer for Downtown Waco Mixed-Use Projects

The City of Waco, Texas and McLennan County are seeking a Master Developer for a mixed-use redevelopment project in downtown Waco. The project presents a unique opportunity to reshape over 60 acres in the historic heart of downtown Waco along the Brazos River, including the city hall, convention center, and signature public spaces. The goal is to leverage Waco's central location, national and regional attractions like the Magnolia Silos, and key institutions such as Baylor University to invest in and transform the future live, work, and play identity of downtown Waco. The Request for Qualifications (RFQ) is a qualifications-based solicitation to identify a master developer for this project, with a deadline of December 7, 2023 to submit qualifications. The RFQ does not provide specific pricing terms, set-asides, or details on funding sources and amounts.

The RFQ does not specify any set-aside designations or restrictions on the types of organizations that can respond. It also does not mention any incumbent vendors or existing infrastructure requirements. The contract value or budget range is also not provided in the available documents. The project is intended to attract private investment and leverage Waco's regional draw to spur development in the downtown area, but the specific award value or contract terms are not disclosed.