Navy Federal Credit Union in Prosper, TX

Navy Federal Credit Union has completed a new 3,754 sq ft branch at 5720 W. University Drive Suite #60 in Prosper, Texas. The project involved the interior buildout of a new credit union within a previously unoccupied shell space. The building passed its final TDLR accessibility inspection in April 2026, confirming that construction is complete.

The facility is located in Denton County, specifically in ZIP code 75068. According to U.S. Census ACS 2023 five-year estimates for this area, the population is about 70,562, with a median household income of $126,341. This location sits within a predominantly owner-occupied housing market where the median home value is $386,300.

Project Scope and Costs

The estimated cost for this new construction project was $1,100,000. At 3,754 sq ft, the project cost $293 per square foot. This figure is above the Denton County median of $121 per sq ft for similar new construction filings. The scheduled build window was 95 days, which is shorter than the county median of 217 days. The owner of record is Westside LOT 6 Retail Partners LP, which also registered another project in Prosper for $400,000 that is now inspection complete.

INOX Design Inc. served as the design firm of record for the buildout. Jeffery L Kelley was the registered accessibility specialist for the project. The registration with TDLR occurred in January 2025, and plan review was completed in the same month. Construction began in May 2025, with a scheduled completion date of August 2025. The final inspection passed in April 2026, officially closing out the project status.

The project is privately funded on private land for private use. While third-party sites like Realty.com list homes for sale near the Navy Federal Credit Union location, the TDLR record focuses strictly on the construction and accessibility compliance of the facility itself. The completion of the interior buildout marks the end of the construction phase for this specific branch addition.