University Ave Retail & Storage in Georgetown, TX

A new 120,000-square-foot indoor climate-controlled self-storage facility stands at 2651 E. University Ave in Georgetown, Williamson County. The project, identified as University Ave Retail & Storage, involved the construction of a private facility with an estimated cost of $10,000,000. This development was registered with the Texas Department of Licensing and Regulation in March 2023, initiating the accessibility review process for the new build.

The construction phase began in May 2023, according to the project filing. The scheduled build window spanned 458 days, a duration longer than the 245-day median for new construction projects in Williamson County. The facility was designed by Mauldin Architects, PLLC, a firm that has registered six other projects in the region, including the Hangars at Georgetown Airport and several buildings in the Cross Creek Commercial Park.

Project Economics and Scope

The estimated cost of $10,000,000 places this project above the median estimated cost of $850,000 for new construction filings in the county. While the total investment is significant, the computed cost of $83 per square foot is below the county median of $110 per square foot. This efficiency reflects the scale of the 120,000-square-foot footprint, which is substantially larger than the 9,000-square-foot median size for similar filings in the area. The project was privately funded on private land for private use.

Steve R Zoerner served as the registered accessibility specialist for the project. The TDLR record indicates that the agency closed the project file in August 2024. This action marks the end of the accessibility review process for this construction, confirming that the regulatory requirements for the project were addressed during its lifecycle.

Local Context

Georgetown, ZIP code 78626, has a population of approximately 45,020 residents according to U.S. Census American Community Survey five-year estimates. The median household income in this area is $94,967, with a median owner-occupied home value of $358,500. The housing stock is mostly owner-occupied, comprising 16,866 units. The addition of a large-scale storage facility contributes to the commercial infrastructure of this growing Williamson County community.