From the trib. Another pie in the sky project, it seems. But they do have renderings out.
"Smarter than the Average Bear."
happened immediately on fbBellCountyBear said:
How long before someone howls this is racist?
Underappreciated post.BUbearinARK said:
The updated rendering shows it;s a real dive
Waco is one of the coolest cities on paper...BaylorBJM said:
Waco may have the most lopsided ratio of proposed projects to projects which actually break-ground in the entire country
Is it? One is probably a boon to the distant future of the species and the other is just a couple atoms coming together.CorsicanaBear said:
It's like nuclear fusion.
Pretty bullish stance.falconbear said:
I give this about a 2% chance of actual development
So true. How many different river front projects were there? And none of them happened and the development going on along the river from 35 to Franklin seems to have gone forward more one building at a time then any sort of "project" linked together.BaylorBJM said:
Waco may have the most lopsided ratio of proposed projects to projects which actually break-ground in the entire country
needs an arby's on site along w/ a starbucks, mini conv. store, dry cleaner, etc.whitetrash said:
Needs a Lady Donell riverboat to be successful
100% understand; however, given the lack of land in that area and the desire for alums to be within walking distance to both Foster and McLane, I can see why someone would propose this idea..Adriacus Peratuun said:
How can anyone legitimately propose any high rise building in Waco given the ratio of high rise construction cost to relevant land value? Additional/substitute land acquisition would have to be far less costly.
I can see mid rise construction being viable but high rise construction numbers have zero chance of working.
this. Is the demand there for this exact type? Prolly not at this time. But for condos in general in that area? Yes by farCoke Bear said:100% understand; however, given the lack of land in that area and the desire for alums to be within walking distance to both Foster and McLane, I can see why someone would propose this idea..Adriacus Peratuun said:
How can anyone legitimately propose any high rise building in Waco given the ratio of high rise construction cost to relevant land value? Additional/substitute land acquisition would have to be far less costly.
I can see mid rise construction being viable but high rise construction numbers have zero chance of working.
My BIL is actively searching for a condo close to Foster. Very limited quality condos downtown in that area.
On something that tall I would agree.Adriacus Peratuun said:
How can anyone legitimately propose any high rise building in Waco given the ratio of high rise construction cost to relevant land value? Additional/substitute land acquisition would have to be far less costly.
I can see mid rise construction being viable but high rise construction numbers have zero chance of working.
east Waco will likely continue to gradually improve. How much and exactly what parts depends on many factorscowboycwr said:On something that tall I would agree.Adriacus Peratuun said:
How can anyone legitimately propose any high rise building in Waco given the ratio of high rise construction cost to relevant land value? Additional/substitute land acquisition would have to be far less costly.
I can see mid rise construction being viable but high rise construction numbers have zero chance of working.
Something around 10-15 stories I would think could be profitable in the right location as people would love the views.... in that spot where half the views are towards east Waco/ not so much...
True but even now the improvements are focused mainly on one street. The neighborhoods aren't getting any improvements. Like the one across from the stadium or the ones around Elm street.T-REX said:east Waco will likely continue to gradually improve. How much and exactly what parts depends on many factorscowboycwr said:On something that tall I would agree.Adriacus Peratuun said:
How can anyone legitimately propose any high rise building in Waco given the ratio of high rise construction cost to relevant land value? Additional/substitute land acquisition would have to be far less costly.
I can see mid rise construction being viable but high rise construction numbers have zero chance of working.
Something around 10-15 stories I would think could be profitable in the right location as people would love the views.... in that spot where half the views are towards east Waco/ not so much...
Some 70 (or so) years later, Waco is still feeling the effects of the tornado. Really stunted growth in the city.CorsicanaBear said:
Everybody thinks Waco could and should be a great city given its location, they just can't figure out how to make the money work.
It's like nuclear fusion. After a lot of years and a bunch of money they finally figured out how to get more energy out than they put in. In Waco they are working hard to figure out how to get significant projects to produce more money than they cost. We're close (just like fusion has been for 25 years).
I think that had Covid not happened we might have been there now.
Some conspiracy theory people would say that the few families that controlled Waco in the 60's thru thru the 80's limited Waco's growth by keeping companies like GM from building here so that they could keep the wages low.CorsicanaBear said:
You are correct about the tornado. Three events have made Waco what it is today: The crash of king cotton/dust bowl, the tornado and the closing of Conally Airforce Base.
Also the crappy people who didnt do jack about fixing the town's water supply.Coke Bear said:Some conspiracy theory people would say that the few families that controlled Waco in the 60's thru thru the 80's limited Waco's growth by keeping companies like GM from building here so that they could keep the wages low.CorsicanaBear said:
You are correct about the tornado. Three events have made Waco what it is today: The crash of king cotton/dust bowl, the tornado and the closing of Conally Airforce Base.
In 90's and 2000's, these people were bringing Hispanics from south Texas to work for lower wages.
I think you would see a lot of alums and parents buying a place there. I would.Jackson Bear said:
That looks like an Austin style project. That would take a lot of outsiders moving here because of the Magnolia publicity to fill. Don't see that filled with Baylor students.