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
Contract Overview
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AI Contract Overview
The City of Waco has issued RFP 2026-035 to select a qualified and financially capable Master Developer to plan, finance, develop, lease, market, operate, manage, and maintain an airport-compatible development on approximately 241.3 gross acres at the Waco Regional Airport. The project is intended to be executed as 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 all necessary due diligence and FAA determinations, and the implementation of phased delivery milestones. The resulting agreement will likely consist of a development agreement and one or more ground leases, governed by the laws of the State of Texas. Proposals are due by 2:00 P.M. on September 15, 2026, and can be submitted via the City's Bonfire portal or through FedEx/UPS. The selection process is based on a 100-point scoring system evaluating development and operations experience, financial capacity, airport collaboration, proposed timeline, property and asset management, and community engagement. Applicants must provide a Financial Offer Summary detailing ground rent, escalation, minimum annual payments, and private investment levels. Required submissions include various certifications, such as HUB business certification, non-collusion affidavits, and litigation disclosures. The City maintains audit and inspection rights and requires specific insurance endorsements to ensure the City is an additional insured.
General Info
Agency
Place of Performance
TX, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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