Funding type
This project is privately funded, on private land for private use.
Magnolia Silos: Site Redevelopment Phase 1 in Waco, TX
601 Webste rAve, Waco, TX, 76706
Magnolia Silos: Site Redevelopment Phase 1 is a new construction project at 601 Webste rAve, Waco, in McLennan County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Jan 2021 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $10.0M across about 14,818 sq ft.
- Estimated project value
- $10.0M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 14,818 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $675/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 1 year
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
Same day as the preceding date shown.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
56 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
366 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Magnolia Silos: Site Redevelopment Phase 1
Magnolia Silos, LLC. filed a new construction project in downtown Waco for a site redevelopment at 601 Webster Ave. The filing, registered with TDLR in November 2019, describes the construction of six retail shops, a restroom, a concession building, three shade structures, and a storage building. The total estimated cost for this 14,818 sq ft development is $10,000,000.
The scope of work includes exterior site improvements and utilities. The design firm of record is CP&Y, a firm that has registered six other projects in Texas totaling over $352 million. This project is privately funded on private land for private use.
Construction Timeline and Status
Plan review was completed in November 2019, and construction was scheduled to begin in January 2020. The filing lists a completion date of January 2021. However, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The project’s status remains open in the public registry despite the scheduled completion date having passed.
This development is located in the downtown area of Waco, within McLennan County. Nearby businesses include the Dr Pepper Museum, Hotel Indigo Waco - Baylor by IHG, and Clay Pot Restaurant. The area profile for ZIP 76706 indicates a population of about 40,668 and a median household income of $42,277.
Compared to other new construction filings in McLennan County, this project’s estimated cost is above the county median. The scheduled build window of 366 days is longer than the county median of 245 days. The cost per square foot is $675, which is above the county median of $142 per square foot.
Review Complete
Design review complete, construction may proceed
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Magnolia Silos: Site Redevelopment Phase 1 is a New Construction project located at 601 Webste rAve, Waco, TX 76706 in Waco, Texas. The project has an estimated value of $10.0M covering 14,818 sq ft. Magnolia Silos, LLC. is the property owner and CP&Y is the design firm of record. The project was registered with TDLR on November 20, 2019.
Frequently Asked Questions
Is the Magnolia Silos retail complex open?
The TDLR record shows the project has not yet recorded a final inspection. Therefore, the public record does not confirm that the business is open or operating.
Who is the developer of the Magnolia Silos project?
The owner and developer of record is Magnolia Silos, LLC. The design firm of record is CP&Y.
What is the total cost of the Magnolia Silos project?
The estimated cost for the project is $10,000,000. The total square footage is 14,818 sq ft.
Where is the Magnolia Silos site located?
The site is located at 601 Webster Ave, Waco, TX 76706, in the downtown area of McLennan County.
What is the construction status of Magnolia Silos?
Plan review was completed in November 2019. Construction was scheduled to finish in January 2021, but TDLR has not yet recorded a final inspection.
What is Magnolia Silos: Site Redevelopment Phase 1?
Magnolia Silos: Site Redevelopment Phase 1 is a new construction project at 601 Webste rAve in Waco, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Exterior site improvements including utilities,construction of six retail shops,restroom, concession building and three shade structures and a storage building
Is Magnolia Silos: Site Redevelopment Phase 1 open in Waco?
Magnolia Silos: Site Redevelopment Phase 1 was scheduled to finish construction in Jan 2021 according to its TDLR registration, but TDLR has not recorded a final accessibility inspection, so its opening status is not confirmed in the public record.
Where is Magnolia Silos: Site Redevelopment Phase 1 located?
Magnolia Silos: Site Redevelopment Phase 1 is located at 601 Webste rAve, Waco, TX, 76706, in McLennan County.
Who is the owner or developer of Magnolia Silos: Site Redevelopment Phase 1?
Magnolia Silos, LLC. is the property owner/developer of record for Magnolia Silos: Site Redevelopment Phase 1, per its TDLR project registration.
Who is the architect or design firm for Magnolia Silos: Site Redevelopment Phase 1?
CP&Y is the design firm of record for Magnolia Silos: Site Redevelopment Phase 1, according to its TDLR filing.
How much does Magnolia Silos: Site Redevelopment Phase 1 cost and how big is it?
Magnolia Silos: Site Redevelopment Phase 1 has an estimated construction value of $10.0M and approximately 14,818 square feet (about $675/sqft), based on its TDLR filing.
Scope of Work
Exterior site improvements including utilities,construction of six retail shops,restroom, concession building and three shade structures and a storage building
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
601 Webste rAve, Waco, TX, 76706
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