WHISPER 3 BUILDING 3 SPEC TI - FRSTeam in San Marcos, TX

A new 2,591-square-foot office space for a future tenant is registered for construction at the intersection of Fortuna Road and Susurro Parkway in San Marcos. The project, filed as WHISPER 3 BUILDING 3 SPEC TI - FRSTeam, represents a specific tenant improvement within the Whisper Industrial development. This new construction is privately funded on private land for private use, with an estimated cost of $100,000.

The work is scheduled to be completed by August 2025, following a construction start date of February 2025. Greystar is the owner of record, while Powers Brown Architecture serves as the design firm. Ernest G Taylor is the registered accessibility specialist listed in the filings. The project was registered with TDLR in January 2025, and plan review was completed in the same month.

Construction Status and Record

TDLR has not yet recorded a final inspection for this project. Although the scheduled completion date has passed, the public record does not confirm the current state of the site. The TDLR status remains Review Complete, indicating that the plans met regulatory requirements, but final verification of the finished structure is pending in the official database.

This project is part of a broader portfolio for Greystar in the area, which includes six other TDLR-registered projects totaling $2,466,500. These include various suites and buildings in San Marcos, such as Building 4 and multiple suites in Building 3. Powers Brown Architecture has also been involved in six other registered projects across Texas, including locations in Houston and Leander, with a combined value of $15,254,000.

In the context of Hays County new construction filings, this project’s estimated cost is below the county median of $950,000. The scheduled build window of 181 days is shorter than the county median of 274 days. The cost per square foot, calculated at $39, is also below the county median of $115 per square foot. These figures place the project in the lower range of recent filings in the region.

The surrounding area, identified by ZIP code 78666, has a population of about 87,775 according to U.S. Census estimates. The median household income is $55,478, and the median owner-occupied home value is $271,900. Housing in this area is mostly renter-occupied. Nearby registered projects include Center St, Howard Ranch Commercial, and Garlic Commons, all designated as new construction.