Former Fun Factory Site Negotiations
Summary
The council approved an exclusive negotiating agreement with Multiverse Platforms for the former Fun Factory space at 123 International Boardwalk, which Mayor Light said would restore family fun to the site.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Proponents cited estimated $100M-$144M cumulative economic impact of the Waco wave pool; skeptics estimated an 85-year payback on a $150 million investment.
Families and harbor visitors hoping for restored amusements at the waterfront.
Opponents say families and children would lose affordable public parkland and footprint.
Mentions & discussions (3)
City Council — September 15, 2026
Though not on the agenda for a vote, an unsolicited private wave-pool proposal at Seaside Lagoon dominated public testimony. Critics demand a transparent RFP process for any commercial use of public tidelands; supporters cite Waco's economic numbers. The council said only the CDP application was before it.
City Council — July 21, 2026
The council approved an exclusive negotiating agreement with Multiverse Platforms for the former Fun Factory space at 123 International Boardwalk, which Mayor Light said would restore family fun to the site.
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