Panda Express - Waco, TX D50209

A new 2,700 square foot Panda Express is planned for 1135 N. Loop 340 in Waco, Texas. The project, identified on the Texas Department of Licensing and Regulation filing as Panda Express - Waco, TX D50209, involves ground-up construction of a fast-food restaurant. Lacetex AOS Partners LLC is the owner of record, with idGroup serving as the design firm. Hans P Hertner is the registered accessibility specialist for the project. The filing lists an estimated cost of $2,000,000, which calculates to $741 per square foot. This is a privately funded project on private land for private use.

The project was registered with TDLR in October 2026. Plan review is pending and completion is targeted for March 2028. Construction is scheduled to begin in September 2027 according to the filing. The scheduled build window is 195 days. This duration is close to the McLennan County median of 245 days for new construction filings. The project is located in McLennan County, where the median estimated cost for new construction is $980,000. The estimated cost for this Panda Express is above the county median for its type.

The $741 per square foot cost is notably above the county median of $145 per square foot. The building will be significantly smaller than the typical new construction project in the area, which has a median size of 7,685 square feet. The design firm, idGroup, has six other TDLR-registered projects totaling $3,188,380. These include a Panda Express in San Antonio, a Wells Fargo Bank Building in Fort Worth, and projects in Dallas, Addison, and Fort Worth.

Local demographics for ZIP code 76705 show a population of about 31,985 and a median household income of $51,546. The area contains 12,180 housing units with a median owner-occupied home value of $152,000. Housing in the area is mostly owner-occupied. McLennan County unemployment was 4.3 percent in August 2026, which is lower than a year earlier. The TDLR status for this project is Project Registered.