Medifast in Haltom City, TX

Medifast at 4251 Northern Cross Blvd in Haltom City is a $5,000,000 renovation of a 427,000 sq ft warehouse office building. The project, filed under the name 820 Exchange Building 1, involves the interior finish out of the facility. Creation Equity is the owner of record, and BHA serves as the design firm. The work is classified as a Renovation/Alteration in Tarrant County.

The TDLR registration was completed in July 2021, with plan review finished in the same month. Construction was scheduled to begin in July 2021 and finish by November 2021. Although the scheduled completion date has passed, TDLR has not yet recorded a final inspection. Consequently, the current physical state of the site is not confirmed in the public record.

Project Scope and Cost

The estimated cost of $5,000,000 places this project in the top quarter of renovation filings in Tarrant County. The median estimated cost for similar projects in the county is $250,000. The cost per square foot is $12, which is below the county median of $79 per square foot. The scheduled build window was 112 days, close to the county median of 92 days. This project is privately funded on private land for private use.

Creation Equity has six other TDLR-registered projects totaling $32,777,359. These include the Cypress Creek Distribution Center in Houston and Building C in Fort Worth. BHA, the design firm, has worked on five other projects totaling $2,327,006, such as Parkland Hall in Dallas and Dimensional Place in Austin.

The surrounding area includes businesses such as IHOP, Waffle House, and Overtime Bar & Grill. Census estimates for ZIP code 76117 indicate a population of about 32,086 and a median household income of $49,041. The median owner-occupied home value in this area is $185,300. Housing in the area is an even mix of owner- and renter-occupied units.