This Solicitation opportunity from Texas was posted on August 4, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Master Developer For Approximately 240 Acres At Waco Regional Airport
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The City of Waco is soliciting proposals under RFP 2026-035 for a qualified master developer to plan, finance, develop, lease, market, operate, manage, and maintain an airport-compatible development on approximately 240 acres of undeveloped land at the Waco Regional Airport. The selected developer must execute a cohesive, market-responsive program through multiple phases over a period not to exceed 15 years. Key deliverables include a comprehensive master development plan, the completion of extensive due diligence—including environmental and geotechnical studies—and the procurement of all necessary permits and FAA determinations. All development must align with the Airport Master Plan and Airport Layout Plan, adhering to strict building-height restrictions and airspace safety requirements. Proposals are due by 2:00 P.M. on September 15, 2026, and can be submitted via the Bonfire portal or through FedEx/UPS. Evaluation is based on a 100-point scale focusing on development and operations experience (20 points), financial capacity (20 points), property management (10 points), and asset management (10 points). The City will utilize a ranking system to identify the highest-ranked proposer for potential negotiations. Financial offers must include proposed ground rent, rent escalation, minimum annual payments, and private investment levels. The City maintains strict audit and inspection rights and may require various financial securities, such as performance bonds or letters of credit, to ensure the successful completion of each development phase.
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