Master Developer For Approximately 240 Acres At Waco Regional Airport

The City of Waco is seeking a qualified master developer to plan, finance, design, construct, lease, operate, manage, and maintain a mixed‑use, airport‑compatible development on roughly 240 acres adjacent to Waco Regional Airport. The developer will negotiate a long‑term ground‑lease arrangement (up to 40 years with renewal options) and deliver the project in phased increments over a maximum of fifteen years, delivering early revenue and job creation while preserving airport operations and complying with FAA regulations. Proposals must include detailed phasing plans, financial capacity, property‑ and asset‑management strategies, community‑engagement approaches, and evidence of experience with large‑scale aviation or industrial projects. The solicitation includes a non‑mandatory pre‑proposal conference/site tour on August 19, 2026, a question deadline of September 4, 2026, and a final submission deadline of September 15, 2026 at 2:00 PM CT. • 240‑acre airport‑adjacent site (≈241.3 gross acres) slated for mixed‑use, aviation‑compatible development • 15‑year phased development schedule, with up to 40‑year ground‑lease term (plus two 5‑year renewals) • Required capabilities: master planning, financing, construction, leasing, operations, property & asset management, FAA/airport coordination, community outreach • Minimum deliverables: concept plan, phasing schedule, financial offer (ground rent, revenue participation, upfront payments), risk mitigation, and compliance documentation • Evaluation criteria weighted toward development experience (20 pts), financial capacity (20 pts), airport collaboration (15 pts), and timeline feasibility (15 pts) among others.