Available Land
Every business development needs several elements to
insure success: managerial expertise, production and distribution skills,
knowledge of their markets, access to capital, land, buildings, water,
and a skilled labor force. You supply the first three and we will
help you find the rest.
Maps Available Online:
(Note: If you have trouble with these maps loading, either try the Refresh
key
or feel free to download them to your computer.)
Brazos River Corridor - pdf
Brazos River Corridor / Federal Enterprise Community
- pdf
Federal Enterprise Community - pdf
Tax Increment Financing Zone - pdf
Public Improvement District -pdf
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- Waco Industrial Foundation - The foundation itself is
a nonprofit corporation governed by a 24-member board of volunteer
directors. A history of sound financial management and attention
to opportunity has resulted in a net worth of more than $10 million
and the ability to offer incentives like lease-back purchase agreements
and attractive short-term financing plans. The foundation cooperates
with the Waco-McLennan County Economic Development Corporation
to tailor incentive packages for companies in the districts. The
foundation has land parcels available in districts which are ideally
situated for manufacturing and for distribution. The foundation
maintains an inventory of industrial green sites for build-to
suit packages and represents sites owned by other parties. Building
inventories generally include properties of 3,000 to 150,000 square
feet.
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- Brazos River Corridor - The Brazos River Corridor, a
geographic area designated for economic development, carves a
path through the heart of Waco for more than 10 miles. It stretches
from the wooded bluffs of McLennan Community College's campus
on the northwest end to the sloping banks of Baylor University's
campus on the southwest end and beyond. The dramatic views and
geographic features provide unique opportunities for developers.
Targeted for development by the city, this strategic location
offers a variety of economic incentives to businesses locating
in the corridor.
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Downtown Waco - Since the establishment of the Downtown Waco
Public Improvement District in 1988, more than 80 businesses have
opened in the area, and the workforce has more than doubled. The
general boundaries of the district emcompass about 60 blocks on
the west side of the Brazos River and an area on the east side which
extends up Martin Luther King, Jr. Boulevard along the river for
the equivalent of eight city blocks and about 10 blocks down Elm
Street. The public improvement district assessment of 10 cents per
$100 valuation of property in the district is used only within those
boundaries to provide a variety of services that increase the value
and appeal of properties. Property owners enjoy enhanced city services
such as twice-weekly sweeping of streets and sidewalks and extra
trash pick-ups. Programs like private security services and a low-interest
loan pool also attract businesses to the district.
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