Looks awesome. Thank you Paul and Alejandra Foster and City of Waco.
Photo by Baylor Athletics
Baylor/Waco Announce $185 Million Basketball Pavilion
The anticipated announcement of a downtown basketball arena is finally here as reported by the Waco Tribune Herald today.
- The seating capacity is expected to be 7000
- The project is expected to cost $185 million which will include $65 million in TIF (Tax Incremental Funding) from the city of Waco
- The $125 million from Baylor is expected to be financed without debt
- The venue will be available for concerts 90 days a year
- The facility will include dedicated state of the art practice facilities for men and women that will be available for the men’s and women’s teams 365 days a year
- Parking garages will be built close to the facility
- This is expected to spark over $700 million in downtown riverfront development
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