WACO, Texas (KWTX) The old Floyd Casey Stadium site is going to be turned into a mixed-use, mixed-income housing and retail community, according to plans released by the developer Tuesday.
(Photo courtesy of Turner-Behringer Real Estate)
"We believe in this project," said Sarah Roberts, founding principal at KSR Advantage, on behalf of Turner-Behringer Real Estate. "Our vision is that this project will have a generational impact."
Initial sketches of "Floyd Casey Village Center" were revealed to Waco city council members during an afternoon workshop.
"It's a hallmark project for the City of Waco," said councilman Jim Holmes. "It checks a lot of boxes."
Turner-Behringer Real Estate presented the plan that's been in the works since submitting an RFP to develop the site on Aug. 1, 2019.
"Bringing something new to Waco is what our team does," said Roberts. "We think it's important to dream big visions for our community."
The top pick out of four candidates, the Waco-based company was selected by the council on May 17 and was supposed to deliver the presentation that day, however, it was pushed back due to COVID-19.
Along with commercial properties and about 300 residential households, the development will consist of more than ten-acres of open space which includes 7,200 feet of trails and a baseball park.
"I have to say, I'm very, very excited about this project," said councilman Hector Sabido.
Sabido, who represents district two, says what he envisioned has been embodied and put on paper.
"Growing up across the street from this location, it is very near and dear to my heart," said Sabido. "I've had great expectations and great dreams about this location."
The city acquired the location in a land swap with Baylor University.
Floyd Casey was home to the Baylor Bears football team from 1950 to 2013.
The 80-acre site has been sitting vacant since the stadium was demolished on May 14, 2016.
Following the presentation, council members Dillon Meek and Andrea Barefield stressed to the developer the importance of connectability to downtown.
"I thank you all for digging deeper," said Barefield.