Ascentium Annex TI Buildout in Kingwood, TX

Ascentium Annex TI Buildout Status

The Ascentium Annex TI Buildout is a completed tenant improvement project located at 23914 Highway 59 North in Kingwood, Texas. Registered with the Texas Department of Licensing and Regulation (TDLR) in February 2020, this renovation involved the build-out of existing space for tenant offices within a 21,559 sq ft footprint. The project was privately funded on private land for private use, with an estimated cost of $250,000. This figure translates to approximately $12 per square foot for the work performed.

Construction activities commenced in February 2020, shortly after the project’s registration. The work was executed under the design of Kaim Associates, Inc., with PAL Realty, Inc. serving as the owner or developer of record. The scheduled build window for this specific renovation was 73 days, which concluded with a final TDLR accessibility inspection in April 2020. The project passed this inspection in the same month, confirming that the construction phase is complete and all regulatory requirements for accessibility were met by the April 2020 deadline.

When compared to other renovation or alteration filings in Montgomery County, the Ascentium Annex project shows distinct cost characteristics. The median estimated cost for similar projects in the county is $250,000, placing this project close to the middle of that distribution. However, the cost per square foot of $12 is significantly below the county median of $85. The size of the project at 21,559 sq ft is also much larger than the median size of 3,250 sq ft for comparable filings in the region.

The Kingwood area, situated in Montgomery County, is characterized by a housing market that is mostly owner-occupied. According to U.S. Census ACS 2023 five-year estimates for ZIP code 77339, the population is approximately 43,364, with a median household income of $84,015. There are 19,104 housing units in the area, and the median owner-occupied home value is reported at $274,900. Businesses in the immediate vicinity include Texas Roadhouse, The Union Kitchen, and the Courtyard by Marriott Houston Kingwood.

From a geographic safety perspective, the site coordinates place the property outside the FEMA Special Flood Hazard Area (zone X). The project’s completion in April 2020 means that any future accessibility concerns would fall under ongoing maintenance rather than initial construction compliance. The TDLR record reflects a status of Inspection Complete, providing a clear endpoint for the regulatory oversight of this specific build-out.