Baylor University has two athletic developments underway, which combined will total $226 million on build-out.
The new pavilion building broke ground in April and is expected to deliver in mid-2024. Located at 650 S. University Parks Drive in Waco, the project will total 245,000 square feet and has an estimated price tag of $156 million, according to documents submitted to the Texas Department of Licensing and Regulation.
Baylor’s Board of Regents and the City of Waco gave initial approval for the site shortly before Christmas, with the city agreeing to provide $65 million toward the project. In return for Waco’s contribution, the city will also be able to use the pavilion for concerts, performances and other public events up to 90 days out of the year.