ELDORADO BUSINESS PARK in Mckinney, TX

The Eldorado Business Park project at 312 Eldorado Pkwy in McKinney, Texas, represents a new construction effort for a metal office building. Registered with the Texas Department of Licensing and Regulation (TDLR) in February 2023, the filing identifies the scope as a single-story commercial structure. The project owner is NVE II LTD, and the design firm of record is Matthew King Architect. The estimated cost for the work is $80,000, covering a total square footage of 17,600 sq ft. This results in a computed cost per square foot of $5. The project is privately funded and located on private land for private use. Construction was scheduled to begin in April 2023, with a completion date set for August 2023.

Project Timeline and Status

According to the TDLR filing, the construction start date was April 2023. The scheduled completion date was August 2023. A post by the Dallas Business Journal noted the project start date as April 1, 2023. The TDLR closed the project file in August 2023, which marks the end of the accessibility review process for this construction. This closure indicates that the regulatory review for accessibility compliance associated with the building permit has concluded. The project is now listed with a status of Project Closed. No further regulatory action is pending with TDLR for this specific filing.

Owner and Design Context

NVE II LTD is the owner of record for this property. This entity has one other TDLR-registered project, Teel Village Phase Five in Frisco, which totaled $530,000 and is also project closed. Matthew King Architect served as the design firm. The firm has six other TDLR-registered projects totaling $4,110,000. These include projects in Van Alstyne, Richland Hills, Denison, McKinney, and a DFA Office in McKinney, which is project closed. The other five projects have a status of review complete.

Local coverage from Ebby Halliday and Alliebeth.com lists the property as part of the Eldorado Business Park (CMC) on 4.09 acres. A City of McKinney building permit activity report from 2023 also references Eldorado Business Park - Bldg 6 as new construction. The surrounding ZIP code 75069 has a population of about 39,332 and a median household income of $82,804. The median owner-occupied home value in the area is $413,700. Collin County unemployment was 4.1 percent in September 2026. The project cost of $80,000 is below the county median for new construction, which is $800,000. The scheduled build window of 122 days is shorter than the county median of 212 days. The $5 per sq ft is below the county median of $121.