These guys have seen some changes over the years! They live in north Waco, but grew up in neighborhoods that no longer exist, taken over by the expansion of Baylor's campus. I don't know much of the history, but I hope Baylor has been a good neighbor as they have bought up the surrounding neighborhoods. I know some of the neighbors on the side of the river with the stadium are unhappy with the changes.
Another view. Even in its partially finished state, you can already tell that this will be a beautiful stadium. There are many larger football stadiums, and it's inevitable that there will be stadiums built with more bells and whistles and innovations, but I don't know that any will rival this one in beauty and setting.
For real-time stadium updates, pictures, and stadium information, be sure to check out http://baylor-stadium.com/
And this BaylorFans.com thread is regularly updated with pictures: http://www.baylorfans.com/forums/showthread.php?t=249108