WACO, Texas – The City of Waco will present a plan to the Tax Increment Financing (TIF) board on Thursday to create an area where festivals and special events will take place.
The $5.5 million project would center on Bridge Street in East Waco.
The proposed plaza will bridge the gap (no pun intended) between Martin Luther King Boulevard and Mann Street and working as an eye-catching sight for visitors to the famous pedestrian bridge.
Although the plans are still pending approval, a trio of hotels are already construction on the same plot of land, with the proposed plaza being situated within those buildings.
The idea of the project, according to City Center Waco, is to unite the community and to revitalize historic East Waco and capitalizing on the thriving tourist business downtown.