HSB Renovations for: Pantex-Third Floor in Amarillo, TX

Happy State Bank completed a $341,000 renovation at 701 S Taylor in Amarillo, updating 5,842 square feet of third-floor space. The project, filed with TDLR in July 2024, involved tenant finish-out work including moving walls, replacing flooring, and modifying mechanical and electrical systems. This renovation was executed by Centennial Bank, the owner of record, with design services provided by Höhe Design Group, LLC.

The construction timeline was efficient relative to regional norms. The scheduled build window of 91 days was shorter than the county median of 137 days for similar renovation and alteration filings in Potter County. The estimated cost of $341,000 sits close to the county median of $300,000 for projects of this type. However, the cost per square foot of $58 is below the county median of $86, indicating a more economical build rate compared to the middle half of similar local filings.

Centennial Bank has a history of similar projects in the region. This filing is one of four TDLR-registered projects by the owner, with three others totaling $1,834,971. These include two other Happy State Bank renovations in Amarillo, one with an estimated cost of $681,971 and another of $853,000, both of which are now closed. The design firm, Höhe Design Group, LLC, has also worked on other commercial spaces, including Jack in the Box locations in Irving and Arlington, though this Amarillo bank renovation stands as a distinct private-use project.

The site is located in a dense downtown area of Amarillo, near other financial institutions and public services. Nearby businesses include Amarillo National Bank, the Amarillo Public Library, and the Courtyard by Marriott Amarillo Downtown. The surrounding ZIP code 79101 has a population of about 2,458 residents, with a median household income of $40,313. Housing in this area is predominantly renter-occupied, with a median owner-occupied home value of $152,300 according to U.S. Census estimates.

The accessibility review process for this construction has concluded. TDLR closed the project file in October 2026, which marks the end of the accessibility review process for this construction. The final inspection was passed in October 2024, aligning with the completion date listed on the filing. This closure confirms that the regulatory requirements for the renovation have been satisfied.

Project Details

The renovation focused on interior alterations rather than structural additions. The scope included significant changes to the layout and infrastructure to support tenant needs. The project was privately funded on private land for private use. The rapid completion and lower cost per square foot suggest a streamlined approach to the renovation, consistent with the firm’s other completed projects in the area.

Regional Context

Potter County has seen steady construction activity, with 96 registered renovation and alteration projects in the last 24 months. The median size for these projects is 4,863 sq ft, slightly smaller than this 5,842 sq ft renovation. The unemployment rate in Potter County was 4.7 percent in July 2026, higher than a year earlier, reflecting broader economic shifts in the region.