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  7. City of Waco
👤
Property Owner23 Active

City of Waco

401 Franklin Ave, Waco, Texas 76701
Derrick Oltmann
61
Total Projects
$208.8M
Portfolio Value
23
Active Now
4,566,312
Total Sq Ft
2
Cities
$3.4M
Avg Value

About City of Waco

City of Waco is a significant property owner and developer in the Waco area with a comprehensive real estate portfolio of 61 construction projects valued at $208.8M. The development portfolio includes both new construction and renovations, with 14 new construction projects and 47 renovation projects representing 4,566,312 square feet of developed space.

📊Work Items

  • 14 new construction projects (23%)
  • 47 renovation projects (77%)
  • Average project value: $3.4M
  • Total square footage: 4,566,312 sq ft

🏙️Market Presence

  • Waco60 projects
  • Mc Gregor1 projects

With 23 active projects currently under development and 38 completed projects, City of Waco maintains a strong presence across 2 cities, working with leading architecture and design firms including MRB Group, RBDR, PLLC, STV Incorporated. The development portfolio is concentrated in Waco, Mc Gregor, establishing City of Waco as a key player in Waco commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
WacoMc Gregor

Activity Over Time

2020
13
2021
6
2022
6
2023
8
2024
8
2025
16
2026
3
Median project: $1.0MAvg cost/sqft: $442,784/sqftPeak year: 2025 (16 projects)
🌟 Featured Project🔧 Reno

Waco Downtown Redevelopment Infrastructure, Phase 1A

4th St, 3rd St, Jefferson Ave, University Parks Dr Columbus Ave., Washington Ave., Waco, TX 76701
$75.0M1,300,000 sqft
📅

Activity Timeline

First Project
Sep 2019
Latest Project
Mar 2026
23
Active
38
Completed
📍

Project Locations

Waco
60
Mc Gregor
1
Counties
McLennan61
🏛️

Design Partners

6 architecture firms

1
MRB Group
6 projects·$9.2M
🏗️ 3 new🔧 3 renoavg $1.5M
Waco, Mc Gregor
Latest:FY 22 MILL & OVERLAY PHASE 2 (DISTRICT #4)(Apr 2022)
2
RBDR, PLLC
4 projects·$9.7M·2 active
🏗️ 2 new🔧 2 renoavg $2.4M
Waco
Latest:Cameron Park Zoo - Commissary Renovation(Dec 2025)
3
STV Incorporated
3 projects·$12.6M·3 active
🔧 3 renoavg $4.2M
Waco
Latest:Dallas Steet (Waco Carver Neighborhood Bike and Ped) Project(Jan 2026)
4
Walker Partners
3 projects·$75.9M·2 active
🔧 3 renoavg $25.3M
Waco
Latest:Waco Downtown Redevelopment Infrastructure, Phase 1A(Aug 2025)
5
City of Waco Public Works Department
3 projects·$5.3M
🔧 3 renoavg $1.8M
Waco
Latest:City of Waco Operational Street Maintenance District 1&4(Feb 2025)
6
Walker Partners, LLC
3 projects·$15.1M
🔧 3 renoavg $5.0M
Waco
Latest:University Parks Drive Improvements - Phase 2(Jan 2024)
37 total design firms worked with$202.2M combined
📊

Project Status

🏁Closed
38(62%)
📝Review Complete
19(31%)
✅Inspection Complete
3(5%)
📋Registered
1(2%)

All Projects

61 total · Sorted by date
📋Registered$563K

Clay Avenue Sidewalks Improvements 8th to 4th Streets

Clay Ave from 8th Street to 4th Street, Waco, TX 76712
Mar 27, 2026🔧
BGE Inc.
📝Review Complete$295K

Drybar

520 S University Parks Dr Ste 400, Waco, TX 76706
Feb 19, 2026🔧
Design Parameters LLC
📝Review Complete$10.0M

Dallas Steet (Waco Carver Neighborhood Bike and Ped) Project

Ashburn St to Elm Ave, Waco, TX 76704
Jan 12, 2026🔧
STV Incorporated
📝Review Complete$1.0M

Cameron Park Zoo - Commissary Renovation

(Commissary) 235 Garland Ave, Waco, TX 76707
Dec 23, 2025🔧
RBDR, PLLC
📝Review Complete$325K

City of Waco Street Rehabilitation District 5

300 Austin Avenue
Sep 23, 2025🔧
City of Waco Infrastructure Services
📝Review Complete$150K

Cameron Park Zoo Ranch House Remodel

1701 N. 4th St.
Sep 11, 2025🔧
Sterling & Kap Architects
📝Review Complete$1.7M

Waco District 2 Street Rehabilitation

District one City Streets South 4th street to Bagby Avenue
Jul 26, 2025🔧
STV Incorporated
📝Review Complete$900K

Waco District 1 Street Rehabilition project

S 26th street to N 21st Street Multiple street intersections
Jul 26, 2025🔧
STV Incorporated
📝Review Complete$315K

Herring Avenue Bridge Rehabilitation

Herring Ave Bridge over the Brazos River Pedestrian walkway on Herring ave bridge
Jun 23, 2025🔧
📝Review Complete$675K

Operational Street Maintenance, District 4 Waco

Assorted Streets, District 4
Jun 20, 2025🔧
BGE, Inc.
📝Review Complete$750K

Chapel Road Widening Improvements

Chapel Road
Apr 24, 2025🔧
Walker Partners
📝Review Complete$4.0M

New Clinic/Surgery Building for Pet Circle Regional Animal Shelter

2032 Circle Road
Apr 2, 2025🏗️
RBDR, PLLC
📝Review Complete$22.0M

Floyd Casey Park Development

2901 Clay Avenue
Mar 19, 2025🏗️
Design Workshop
📝Review Complete$3.0M

China Spring Park

5201 Flat Rock Road
Mar 4, 2025🏗️
RVi Planning + Landscape Architecture
🏁Closed$1.1M

City of Waco Operational Street Maintenance District 1&4

300 Austin Avenue
Feb 28, 2025🔧
City of Waco Public Works Department
📝Review Complete$305K

Peach Street to 13th Street Quiet Zone Improvements

300 Austin Avenue, Waco, TX 76702
Feb 27, 2025🔧
Kimley-Horn and Associates, Inc.
📝Review Complete$480K

Herring Avenue Rehabilitation

Herring Ave from 30th St. to McArthur Drive
Feb 20, 2025🔧
CP&Y Inc. dba STV Infrastructure
🏁Closed$1.0M

Waco Welcome Center

325 6th Street, Waco, TX 76701
Feb 10, 2025🏗️
Nisbet Architecture llc
✅Inspection Complete$740K

Clay Avenue and 4th Street Sidewalk Improvements

City of Waco Right of Way at Clay Avenue, Waco, TX 76706
Dec 2, 2024🔧
BGE Inc.
🏁Closed$133K

Wilson Creek Bridge Repair

101 Ellis, Waco, TX 76707
Nov 8, 2024🔧
Walker Partners
🏁Closed$1.0M

Cobbs Drive Rehabilitation

Cobbs Drive from Bosque Blvd to Lake Air Dr., Waco, TX 76710
Sep 5, 2024🔧
City of Waco Pubilc Works Department
✅Inspection Complete$5.0M

Waco BMCC

300 N MLK Jr BVD, Waco, TX 76704
Jul 17, 2024🔧
Perkns & Will
🏁Closed$278K

Ritchie Road Sidewalk Improvements

Ritchie Rd @Warren St @ Park Meadows Subdivision, Waco, TX 76655
May 22, 2024🏗️
BGE, Inc.
🏁Closed$3.3M

Indian Springs Pedestrian Connectivity Improvements

330-1300 Blocks of Jefferson Avenue, Waco, TX 76701
Apr 5, 2024🔧
✅Inspection Complete$508K

Operational Street Maintenance (District 4)

Windsor Ave - N. 33rd to N 23rd Cumberland Ave - N. 25th to N. 23rd, Waco, TX 76701
Mar 28, 2024🔧
Kasberg, Patrick, and Associates, LP
🏁Closed$3.1M

University Parks Drive Improvements - Phase 2

From Washington Ave to Jackson Ave, Waco, TX 76706
Jan 17, 2024🔧
Walker Partners, LLC
🏁Closed$120K

2023 Bridge Repairs

Bagby Ave between Marketplace Dr and S. New Rd, Waco, TX 76711
Oct 12, 2023🔧
📝Review Complete$1.1M

Clay Avenue and 17th Street Rehabilitation

Clay Ave from City Limits to 18th Street N 17th Street from W Waco Dr to Franklin Ave, Waco, TX 76711
Sep 4, 2023🔧
Kasberg, Patrick, & Associates, LP
🏁Closed$3.0M

James Ave. Reconstruction (12th St. to 18th St.)

N/A, Waco, TX 76706
Jul 28, 2023🔧
RLG Consulting Engineers
🏁Closed$8.0M

University Parks Drive Improvements - Phase 1

From Jackson Ave to IH35 Frontage Rd, Waco, TX 76706
Jul 20, 2023🔧
Walker Partners, LLC
🏁Closed$187K

City of Waco Downtown Sidewalk Improvements

South 11th St, Webster Ave., South 4th Street, Waco, TX 76706
May 18, 2023🏗️
CP&Y Inc. dba STV Infrastructure
🏁Closed$300K

City Hall Renovations

300 Austin Ave, Waco, TX 76702
Apr 17, 2023🔧
🏁Closed$3.6M

MKT East Waco Trail

800 Sherman St., Waco, TX 76704
Jan 17, 2023🏗️
Walker Partners, LLC.
🏁Closed$7.5M

Cameron Park Zoo - Penguin Exhibit

1701 North 4th Street, Waco, TX 76707
Jan 13, 2023🏗️
Torre Design Consortium
🏁Closed$2.5M

2022 Street Preservation, Phase 3

3000 Austin Avenue, Waco, TX 76701
Jun 2, 2022🔧
🏁Closed$3.0M

FY 22 MILL & OVERLAY PHASE 2 (DISTRICT #4)

401 Franklin Avenue, Waco, TX 76701
Apr 27, 2022🔧
MRB Group
🏁Closed$700K

Cedar Ridge Trail At 19th Street TA Project

5028 North 19th Street, Waco, TX 76708
Apr 21, 2022🏗️
MRB Group
🏁Closed$150K

OUTDOOR PAVILION

2101 SOUTH 23RD STREET, Waco, TX 76706
Mar 29, 2022🔧
RBDR, PLLC
🏁Closed$1.4M

19TH Street from Lake Shore Drive to Park Lake Drive

5028 North 19th Street, Waco, TX 76708
Mar 9, 2022🔧
MRB Group
🏁Closed$270K

11th Street ADA Ramp Improvements

11th Street from Mary to Ross Streets, Waco, TX 76701
Mar 8, 2022🔧
LAN Inc.
📝Review Complete$2.5M

Waco Regional Airport Terminal Modernization

7909 Karl May Dr., Waco, TX 76708
Nov 24, 2021🔧
CaCo Architecture LLC
🏁Closed$5.0M

Challenger & Lake Air Little League Redevelopment Project

44th & Trice Ave., Waco, TX 76702
Nov 9, 2021🏗️
Lockwood Andrews Newnam
🏁Closed$4.1M

Street Improvements-2021 Mill & Overlay Phase 2

300 Austin Avenue, Waco, TX 76701
Aug 24, 2021🔧
City of Waco Public Works Department
🏁Closed$116K

2021 Mill & Overlay-Phase 3

Valley Mills, Bosque & Kendall, Waco, TX 76701
Aug 18, 2021🔧
Kasberg Patrick & Associates LP
🏁Closed$201K

Buena Vista Park Improvements

4201 Hermosa Drive, Waco, TX 76702
Aug 2, 2021🔧
CP&Y, Inc.
🏁Closed$475K

City of Waco Police Tower 6th Floor Renovation

200 West Highway 6, Suite 620 3115 Pine, Waco, TX 76712
Apr 8, 2021🔧
CP&Y
🏁Closed$850K

JH Hines Elementary SRTS

301 Garrison Street, Waco, TX 76504
Sep 28, 2020🏗️
MRB Group
🏁Closed$1.3M

Street Improvements - 2019 Reclamation Phase 1

200 Austin Avenue, Waco, TX 76701
Sep 25, 2020🔧
City of Waco Public Works
🏁Closed$5.0M

Dutton Avenue Improvements

Dutton Avenue 11th to 26th Streets, Waco, TX 76706
Jun 2, 2020🔧
Kasberg, Patrick & Associates, LP
🏁Closed$4.0M

Bridge Street Improvements

From MLK Blvd to Mann St, Waco, TX 76704
May 20, 2020🔧
Walker Partners, LLC
🏁Closed$700K

Trail Blazer Park Improvements

1101 Harris Creek Road, Mc Gregor, TX 76657
Apr 30, 2020🏗️
MRB Group
🏁Closed$200K

LAKE SHORE DRIVE STREET IMPROVEMENTS

N. 19TH ST. TO MLK, JR. BLVD., Waco, TX 76708
Apr 29, 2020🏗️
PUBLIC WORKS DEPARTMENT
🏁Closed$1.9M

Webster Ave Road and Sidewalk Improvements

Webster Avenue - 8th - 12th Street, Waco, TX 76706
Apr 24, 2020🔧
CP&Y, INC.
🏁Closed$600K

Washington Ave Improvements

From 18th St. to S. Univ. Parks, Waco, TX 76701
Mar 25, 2020🔧
Walker Partners LLC
🏁Closed$1.1M

City of Waco, Future Use Office Space

711 Venture Dr., Waco, TX 76712
Feb 25, 2020🔧
Reliance Architecture LLC
🏁Closed$2.5M

Historic Elm Avenue Bike/Ped Infrastructure

University Parks Drive to Garrison Street, Waco, TX 76704
Feb 25, 2020🔧
MRB Group
🏁Closed$115K

Street Improvements Phase II 18ST2002A1

Multiple Steet Corner Locations, Waco, TX 76701
Feb 8, 2020🔧
City of Waco Public Works Department
🏁Closed$4.0M

Waco 5th Street Improvements

5th Street - I35 to Bosque Blvd, Waco, TX 76706
Feb 6, 2020🔧
CP&Y, Inc.
🏁Closed$4.5M

City of Waco Fire Station #6 & Administration Building

1000 N. 25th Street, Waco, TX 76707
Jan 18, 2020🏗️
RBDR, PLLC
📝Review Complete$190K

Austin Avenue Infrastructure & Pavement (11th St. to 20th St.)

Austin Avenue (11th - 20th Street), Waco, TX 76701
Sep 13, 2019🔧
City of Waco
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