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Current CID Projects

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Broadv​iew Hotel

The City Council approved the Broadview Hotel CID on October 2010 to facilitate the rehabilitation and restoration of the Historic Broadview Hotel, riverfront adjacent to the hotel and parking garage on Waco. The 2% additional sales tax will be used to reimburse a portion of the developer's costs of rehabilitating hotel. CID sales tax will be collected for up to 22 years or until a maximum amount of $2,680,000 is collected. The hotel reopened after the restorations were completed, in the summer of 2011.​

Established: 2010

Tax: 2%

Location: Northwest corner of Douglas and Waco and parking garage on the east side of Waco, north of Douglas

Use: Rehabilitation and restoration of the Historic Broadview Hotel, riverfront adjacent to the hotel and parking garage on Waco, across from the hotel

Term: 22 years

Active date of tax: July 2011

Expiration: July 2033

Maximum Reimbursement: $2,680,000

 

Central & ​Oliver

The City Council approved the Central and Oliver CID on August 10, 2010 to facilitate the acquistion of land, infrastructure improvements and construction of retail and office buildings within the district. The 1% additional sales tax will be used to reimburse a portion of the developer's costs of land and construction. CID sales tax will be collected for up to 22 years or until a maximum amount of $12,500,000 is collected.

Established: 2010

Tax: 1%

Location: Northeast and southeast corners of the intersection at Central and Oliver

Use: Land acquisition, infrastructure and construction of retail and office buildings within district

Term: 22 years

Active date of tax: April 2012

Expiration: April 2034

Maximum Reimbursement: $12,500,000

 

Douglas & Broadw​ay

The City Council approved the Douglas and Broadway CID on September 27, 2011 to facilitate the renovation of the historic Douglas Building into a 117 room boutique hotel. The 2% additional sales tax will be used to reimburse a portion of the developer's costs of renovating the building and converting it into a hotel. CID sales tax will be collected for up to 22 years or until a maximum amount of $2,560,000 is collected. The Ambassador Hotel opened in December 2012.

Established: 2011

Tax: 2%

Location: Southeast corner of Douglas and Broadway

Use: Renovation of the former Union National Bank building into an Ambassador Hotel

Term: 22 years

Active date of tax: January 2013

Expiration: January 2035

Maximum Reimbursement: $2,560,000

 

K-96 & ​Greenwich

The City Council approved the Greenwich & K-96 CID on March 8, 2011 to facilitate the construction of infrastructure, site improvements, parking and landscaping costs associated with the construction of a Cabela's store. 1% of the additional sales tax will be used to reimburse a portion of the costs associated with the Cabela's site while the additional .2% sales tax is intended to contribute to a cost of a possible interchange improvement at K-96 and Greenwich. CID sales tax will be collected for up to 22 years or until a maximum amount of $17,198,360 is collected. Cabela's opened in the spring of 2012.

Established: 2011

Tax: 1.2%

Location: Southwest corner of Highway K-96 and Greenwich Road, in the Regency Lakes Shopping Center

Use: Parking and site improvements related to construction of Cabela's and possible construction of an interchange at K-96

Term: 22 years

Active date of tax: July 2012

Expiration: July 2034

Maximum Reimbursement: $17,198,360

 

K-96 ST​AR

The City Council approved the K-96 STAR Bond CID on November 19, 2013 to facilitate the construction of the interchange improvement at K-96 and Greenwich. The CID will pay for a portion of the overall costs to construct a full interchange at K-96 and Greenwich Road. The interchange will support the development of the K-96 STAR Bond District, which includes the GoodSports Fieldhouse, a major multi-sport athletic complex, as well as retail development.

Established: 2013

Tax: 1%

Location: Southeast corner of Highway K-96 and Greenwich Road

Use: Construction of an interchange at K-96 and Greenwich Road

Term: 22 years

Active date of tax: October 2015

Expiration: October 2036

Maximum Reimbursement: $8,000,000

 

Kellogg & West

The City Council approved the Kellogg and West CID on September 15, 2015 to facilitate the improvements to the areas around the Kellogg and West intersection. Improvements include demolition and/or rehabilitation of existing structures as well as site improvements, landscaping and public infrastructure improvements. The 1% additional sales tax will be used to reimburse a portion of the developer's costs of land and construction. CID sales tax will be collected for up to 22 years or until a maximum amount of $8,326,000 is collected.

Established: 2015

Tax: 1%

Location: North of Kellogg, east and west of West Street

Use: Land acquisition, infrastructure, demolition and construction of buildings within district

Term: 22 years

Active date of tax: January 2016

Expiration: January 2038

Maximum Reimbursement: $8,326,250

 

Maize​​ 54

The City Council approved the Maize 54 CID on September 21, 2010 to facilitate the land acquisition, infrastructure improvements and other eligible costs related to the development of the Bowllagio entertainment center. The Bowllagio is planned to be a family entertainment center including shops, restaurants and a state of the art bowling and training center. The 2% additional sales tax will be used to reimburse a portion of the developer's costs associated with the development. CID sales tax will be collected for up to 22 years or until a maximum amount of $75,000,000 is collected.

Established: 2010

Tax: 2%

Location: Northeast corner of the intersection of Kellogg Drive and Maize Road

Use: Land acquisition and infrastructure improvements associated with the Bowllagio entertainment center

Term: 22 years

Active date of tax: Not active

Expiration: Not active

Maximum reimbursement: $75,000,000

 

WaterWalk Hotel (Fairfield Inn)​​​​​​​​​​​

The City Council approved the WaterWalk Hotel CID on August 10, 2010 to facilitate the construction of a Fairfield Inn and Suites Hotel within the WaterWalk District. The 2% additional sales tax will be used to reimburse a portion of the developer's costs of constructing the hotel. CID sales tax will be collected for up to 22 years or until a maximum amount of $9,600,000 is collected. The hotel opened in July of 2011.

Established: 2010

Tax: 2%

Location: Northwest corner of Main and Dewey, in WaterWalk

Use: Construction of new Fairfield Inn and Suites

Term: 22 years

Active date of tax: July 2011

Expiration: July 2033

Maximum Reimbursement: $9,600,000​​