KBar Group has big plans for an 88-acre tract near McGregor Executive Airport, with a mixed-use development called The Concourse in the works. The Dwyer family, who owns the land, has been waiting for the right opportunity, and it seems like KBar Group fits the bill.
The proposed development includes a grocery store, retail shops, dining options, and homes of various price points. The site, located on U.S. Highway 84, lies within the city of McGregor but is surrounded by Waco. Negotiations involving both cities have addressed zoning changes and infrastructure improvements.
Onward Real Estate Team at Keller Williams is handling the sale of the land, which is expected to change hands in July or August. The marketing flyer for The Concourse outlines plans for a grocery store as the top priority in Phase 1, with other amenities like a shopping center, office space, a hotel, and more to follow.
In other news, Waco’s Fuego Tortilla Grill and Shorty’s Pizza Shack have been nominated for Texas Restaurant Awards, and Baylor University’s budget has grown to $962 million for the 2024-25 operating year. Chip and Joanna Gaines’ Hotel 1928 also received recognition for its outstanding design.
Overall, the development of The Concourse and the growth of businesses in the area are signs of positive economic growth and development in the region. Stay tuned for more updates on these exciting developments.
