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  5. ›RFP 2025-077, Development Services for East Waco Property

City of Waco·Texas

RFP 2025-077, Development Services for East Waco Property

Closes 12/23/2025$10M – $50MRequest for Proposal
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Description

The City of Waco is seeking development services for a 4-acre city-owned property in East Waco. The project aims to transform the area into a vibrant, mixed-use development with a mix of affordable, workforce, and market-rate units, as well as space for local businesses, retail, and dining. The project will emphasize walkability, public space, and design excellence, delivering community benefits such as local hiring, MWBE participation, and sustainable infrastructure. • The project is expected to deliver a high-quality, phased but near-term development. • The redevelopment will bridge downtown revitalization with neighborhood reinvestment, strengthening connections to Elm Avenue, the Brazos Riverfront, and surrounding communities. • The project will create space for local businesses, retail, and dining that activate the street, generate jobs, and support inclusive growth. • The City of Waco is seeking a developer to transform the 4-acre property into a vibrant, mixed-use development. • The project will be built in phases, with a timely and visible transformation that will serve as a model for equitable, resilient redevelopment in East Waco.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Paul Campos(Purchasing Agent)

[email protected]

Key dates

Opened
11/18/2025
Pre-bid meeting
11/25/2025Mandatory
Closes
12/23/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
237210
Solicitation №
RFP-2025-077-0-2025/PC

Budget estimate

$10,000,000 – $50,000,000

The budget for this opportunity is difficult to estimate because the document does not provide a specific budget for the project. However, considering the scope of the project, which involves the development of a 4-acre property into a mixed-use development, the budget could be substantial. The factors that may influence the likely payment range include the cost of land acquisition, construction costs, and the revenue generated from the sale or lease of the developed properties. A rough estimate for the budget could be between $10 million and $50 million, considering the size of the property and the scope of the project.

AI estimate from the solicitation

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