SOUTH HUB INDUSTRIAL PARK, BUILDING 3

South HUB Industrial Park, Building 3 is a new construction shell warehouse located at 9405 FM 812 in Austin, Texas. The project occupies a site in the Pilot Knob Acres area of Travis County and stands at 140,230 square feet. The estimated cost for this development is $9,255,180, which calculates to $66 per square foot. This figure is below the county median of $125 per square foot for similar filings, though the total project cost sits above the county median for new construction projects.

The owner of record is SP5, LLC, a developer with a portfolio that includes three other TDLR-registered projects in Austin, all of which are closed. The design firm of record is Open Studio Architecture, which has handled six other registered projects across Texas, including locations in San Antonio and New Braunfels. The project was privately funded on private land for private use.

Construction Timeline and Status

Construction on the warehouse began in January 2023. The filing scheduled a completion date of March 2024, a build window of 425 days. This duration is longer than the county median scheduled build window of 304 days for new construction. The project was registered with TDLR in November 2022. TDLR closed the project file in March 2024, which marks the end of the accessibility review process for this construction. The status is listed as Project Closed.

The site is part of a broader industrial development in the area, with other registered projects nearby including Airfield 130 Industrial and MLF Operations Bldg. The local context for ZIP code 78719 includes a population of about 1,556 people and a median household income of $54,545, according to U.S. Census estimates. The area has 594 housing units, with a median owner-occupied home value of $120,800. Housing in this ZIP code is predominantly owner-occupied. The Travis County unemployment rate was 3.9 percent in July 2026, according to FRED data.

SP5, LLC’s other projects in Austin include two additional South HUB Industrial Park buildings, one valued at $7,087,608 and another at $4,326,300, both also closed. Open Studio Architecture’s other work includes the Solms Landing Retail project in New Braunfels, valued at $5,165,040, and the Redbird Plaza Retail Shell in San Antonio, valued at $4,000,000. These projects reflect the firm’s experience with commercial and retail construction in Texas. The South HUB Industrial Park, Building 3 project is now complete with its regulatory review finalized.