WACO, TX – PLACEMAKING

The City is on the cusp of a transformative process that will change the way residents and visitors alike experience downtown Waco

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Waco’s Downtown Redevelopment Plan

The City of Waco, Texas is currently engaged in a long-term, multi-billion-dollar downtown redevelopment plan spanning over 60 acres of municipally-owned land. Propertize Ventures has been working alongside the City, Hunt Development Group, and other private partners to advance the prospective financing and development of major components of this project.

Waco’s full redevelopment plan includes:

  • New municipal and civic structures

  • A convention center and headquarters hotel

  • The excavation of a long-buried waterway (Barron’s Branch) and its transformation into a tree-lined urban park

  • A new Minor League

  • League Baseball facility and Waco-based team

  • A new hotel overlooking the ballpark’s outfield

  • Significant private, mixed-use real estate development

  • Walkable streetscaping and pedestrian-focused design

  • Public green spaces, parks, and a riverwalk

  • Full-scale infrastructure improvements, including parking garages

Our Plans for Ballpark District and Barron’s Branch

Specifically, Propertize Ventures’ involvement in this large-scale project spans the financing and development of the 23-acre “Ballpark District” and a large portion of its “Barron’s Branch” buildout, with both districts targeting a near-term groundbreaking.

Propertize’s plans for the Ballpark District include (i) a 6,000+ capacity Minor League Baseball stadium and integrated hotel and (ii) a proposed ~2 million square feet of dense, mixed-use ancillary development. Barron’s Branch, immediately adjacent to the Ballpark District, consists of (i) a 12-acre, City-built, ~$50 million landscaped waterway and public park and (ii) Propertize-led plans for a riverfront restaurant/bar alongside significant mixed-use development overlooking the new waterway and park.

To facilitate our proposal, we have curated a team specifically for this project, partnering with REV Entertainment to bring baseball to Waco, with All Pros and SOCO Construction to work alongside our team on the mixed-use buildout, and with MHS Architecture and PAU to organize these districts into a cohesive, walkable, forward-thinking neighborhood.

Preliminary renderings for our Ballpark District and Barron’s Branch redevelopment proposals are provided below. The full plan includes:

  • Nearly 1,200 new housing units, over 280,000 sq. ft. of retail & dining space, and 125 hotel rooms to be constructed over the project’s 15-year buildout

  • Structured parking facilities to serve both the mixed-use development and the ballpark

  • Substantial public infrastructure improvements, including new plazas, green spaces, and pedestrian pathways connecting to adjacent districts 

  • Demolition of existing structures in the Ballpark District, with all demolition for our “Phase 1” plans already completed in July 2026

  • As a true “public-private partnership,” the City intends to work with its advisors to issue bonds (repaid from development-levied taxes) that fund contributions to all components of this project.

We are eager to serve as a long-term partner to the City of Waco. With demolition already completed, stay tuned for more updates in Q4 2026!

Initial Renderings
Downtown Waco

Private Development in Waco, Texas

The Propertize Ventures team has been actively pursuing private development opportunities adjacent our Ballpark District project.

Our team has acquired several properties nearby and is currently redeveloping these parcels into dense, mixed-use projects with extensive resident amenities. We strategically target underutilized properties and coordinate the entire upzoning process.

Additionally, Propertize Ventures has been deploying capital into our portfolio companies throughout Central Texas. These investments primarily focus on commercial construction and home services businesses.