Funding type
This project is privately funded, on private land for private use.
P2 - 3525 Momentum Way in Del Valle, TX
11500 Canvas Lane, Del Valle, TX, 78617
P2 - 3525 Momentum Way is a new construction project at 11500 Canvas Lane, Del Valle, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Dec 2026. The project has an estimated value of $6.0M across about 22,000 sq ft.
- Estimated project value
- $6.0M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 22,000 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $273/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 1y 9mo
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
Same day as the preceding date shown.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
89 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
639 days after the preceding date shown.
Source: TDLR filing
View source record
📰About P2 - 3525 Momentum Way
P2 Retail is a new 22,000-square-foot facility under construction at 11500 Canvas Lane in Del Valle. The project, filed as P2 - 3525 Momentum Way, involves the core and shell build of a retail and food and beverage space. Valued at $6,000,000, this new construction sits on private land in Travis County and is privately funded for private use.
Project Scope and Design
Velocity OZ Land Holdings, LLC is the owner of record for P2 Retail. Chioco Design serves as the design firm of record, a studio that has registered six other projects in Texas totaling $24,300,000. Among those are The Drop in Austin, valued at $12,000,000, and Domain 10, valued at $7,000,000. The scope of work specifically covers the retail and F&B core and shell, indicating a structure ready for tenant fit-out rather than a fully finished interior at this stage.
The estimated cost of $6,000,000 places P2 Retail in the top quarter of new construction filings in Travis County, which has a median estimated cost of $1,000,000. The cost per square foot is $273, which is above the county median of $125 for similar new construction filings. The scheduled build window is 639 days, which is longer than the county median of 304 days for new construction projects.
Timeline and Status
The project was registered with TDLR in January 2025, and plan review was completed in the same month. Construction start is listed for April 2025. The filing indicates the project is scheduled to finish in December 2026. The TDLR status is Review Complete, confirming that the accessibility plan has been approved and the project is proceeding according to the registered timeline.
Del Valle is a rapidly growing area in Travis County. The ZIP code 78617 has a population of about 28,932, with a median household income of $78,019 according to U.S. Census American Community Survey 2023 five-year estimates. The area is predominantly owner-occupied, with a median home value of $247,800. Nearby registered projects in the same area include the Travis County Correctional Facility and the Tesla Gigafactory, highlighting the diverse mix of commercial and industrial development in the region.
Review Complete
Design review complete, construction may proceed
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P2 - 3525 Momentum Way is a New Construction project located at 11500 Canvas Lane, Del Valle, TX 78617 in Del Valle, Texas. The project has an estimated value of $6.0M covering 22,000 sq ft. Velocity OZ Land Holdings, LLC is the property owner and Chioco Design is the design firm of record. The project was registered with TDLR on January 2, 2025.
Frequently Asked Questions
Is P2 Retail in Del Valle open?
No, the project is under construction. The TDLR record shows construction started in April 2025 and is scheduled to finish in December 2026. There is no information indicating the business is open or operating.
Who is the developer of P2 Retail?
Velocity OZ Land Holdings, LLC is the owner of record for the project located at 11500 Canvas Lane, Del Valle.
What is the size of the P2 Retail building?
The building is 22,000 square feet. The scope of work includes the retail and food and beverage core and shell.
When will construction on P2 Retail be completed?
Construction is scheduled to finish in December 2026, with work having started in April 2025 according to the TDLR filing.
Who is the design firm for this project?
Chioco Design is the design firm of record. They have registered six other projects in Texas, including The Drop and Domain 10 in Austin.
What is P2 - 3525 Momentum Way?
P2 - 3525 Momentum Way is a new construction project at 11500 Canvas Lane in Del Valle, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Retail and F&B core and shell
Is P2 - 3525 Momentum Way open in Del Valle?
P2 - 3525 Momentum Way is still under construction in Del Valle, TX, with an estimated completion of Dec 2026 according to its TDLR registration.
Where is P2 - 3525 Momentum Way located?
P2 - 3525 Momentum Way is located at 11500 Canvas Lane, Del Valle, TX, 78617, in Travis County.
Who is the owner or developer of P2 - 3525 Momentum Way?
Velocity OZ Land Holdings, LLC is the property owner/developer of record for P2 - 3525 Momentum Way, per its TDLR project registration.
Who is the architect or design firm for P2 - 3525 Momentum Way?
Chioco Design is the design firm of record for P2 - 3525 Momentum Way, according to its TDLR filing.
How much does P2 - 3525 Momentum Way cost and how big is it?
P2 - 3525 Momentum Way has an estimated construction value of $6.0M and approximately 22,000 square feet (about $273/sqft), based on its TDLR filing.
Scope of Work
Retail and F&B core and shell
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
11500 Canvas Lane, Del Valle, TX, 78617
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