THE MARKET AT WILLIS SHOPPING CENTER - FIVE BELOW

The Market at Willis Shopping Center in Montgomery County recently completed a new construction project for a Five Below retail space. This tenant improvement covers 9,504 square feet of retail area and accessory spaces located at 12342 Interstate 45 N., Willis, TX 77378. The project was registered with TDLR in February 2024, with construction starting in March 2024 and a scheduled completion date of January 2025.

Project Status and Ownership

The owner of record is The Market at Willis Associates, LLC, which is privately funding this development on private land. Boucher Design Group, LLC served as the design firm, while William T Winning acted as the registered accessibility specialist. TDLR closed the project file in January 2025, marking the end of the accessibility review process for this construction. This status confirms that the regulatory requirements for the new retail space have been addressed according to the filing.

Cost and Scope Comparison

The estimated cost for this new construction was $500,000, which translates to $53 per square foot. This figure is below the Montgomery County median of $100 per square foot for similar new construction filings. While the total cost is below the county median of $800,000, the scheduled build window of 292 days is longer than the county median of 212 days. The scope specifically includes the creation of a new retail space, distinguishing it from renovation or alteration projects in the area.

The surrounding area includes established businesses such as McDonald's, Dollar General, and Red Roof Inn Conroe North-Willis. The Market at Willis Associates, LLC has three other closed TDLR-registered projects in Willis, including Building H, Building F, and Building G, with a combined value of $7,400,000. Boucher Design Group, LLC has also worked on six other projects, including locations in Baytown and Denton, totaling $19,314,274.

For residents of ZIP code 77378, the U.S. Census Bureau estimates the population at about 17,576, with a median household income of $68,595. The housing stock is predominantly owner-occupied, with a median home value of $177,900. This new retail addition fits within a community that values local commerce, as evidenced by the presence of other registered projects in the immediate vicinity, such as Jack in the Box 3640 and Aspen Dental.