Project intelligenceTDLR TABS2025011209Additions to Existing Building
Funding type

This project is privately funded, on private land for private use.

WHISPER 3 SPEC OFFICE CENTER 2 in San Marcos, TX

1241 FORTUNA RD, San Marcos, TX, 78666

Target date passed (Oct 2025)Review Complete

WHISPER 3 SPEC OFFICE CENTER 2 is a additions to existing building project at 1241 FORTUNA RD, San Marcos, in Hays County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Oct 2025 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $476K across about 2,571 sq ft.

Estimated project value
$476K
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
2,571 ft²
About this figure

Square footage reported for this scope of work. It may cover only part of a larger property.

Estimated cost / ft²
$185/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
7 months
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.

Feb 6, 2025237 days across supplied datesOct 1, 2025

4 timeline dates shown.

  1. Project registered · TDLR filing

    Registration of the project with the Texas Department of Licensing and Regulation.

    Source: TDLR filing

    View source record
  2. Review complete · TDLR filing

    The filing records completion of the accessibility review.

    Same day as the preceding date shown.

    Source: TDLR filing

    View source record
  3. Scheduled construction start · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    23 days after the preceding date shown.

    Source: TDLR filing

    View source record
  4. Scheduled completion · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    214 days after the preceding date shown.

    Source: TDLR filing

    View source record

📰About WHISPER 3 SPEC OFFICE CENTER 2

Greystar registered a $476,400 addition to an existing warehouse at 1241 Fortuna Rd in San Marcos, Texas. The project, filed under the name Whisper 3 Spec Office Center 2, involves constructing a new 2,571 sq ft speculative office suite for a future tenant within the existing structure. The work is classified as an addition to an existing building in Hays County.

Powers Brown Architecture served as the design firm of record for this construction project. The estimated cost of $476,400 translates to $185 per square foot. This figure is above the median of $152 per square foot for similar additions to existing buildings in Hays County, based on 194 registered filings. The scheduled build window of 214 days is close to the county median of 213 days for this project type.

TDLR completed plan review in February 2025, and construction was scheduled to begin in March 2025 with a planned completion date of October 2025. The project is privately funded on private land for private use. Ernest G Taylor is the registered accessibility specialist associated with the filing. Greystar has six other TDLR-registered projects in the region, including Building 4 and Building 3 - Suite 200 in San Marcos, each with an estimated cost of $476,400.

TDLR has not yet recorded a final inspection for this project. Therefore, the current state of the site is not confirmed in the public record. The status remains Review Complete, indicating that the regulatory review phase is finished, but final construction verification is pending in the official records.

San Marcos is located in Hays County, a region with a median household income of $55,478 according to U.S. Census estimates for ZIP code 78666. The area has a population of about 87,775 and 36,354 housing units, with housing mostly renter-occupied. The median owner-occupied home value in this ZIP code is $271,900. These demographic and economic factors provide context for the local market where this speculative office space is being developed.

Review Complete

Design review complete, construction may proceed

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WHISPER 3 SPEC OFFICE CENTER 2 is a Additions to Existing Building project located at 1241 FORTUNA RD, San Marcos, TX 78666 in San Marcos, Texas. The project has an estimated value of $476K covering 2,571 sq ft. GREYSTAR is the property owner and POWERS BROWN ARCHITECTURE is the design firm of record. The project was registered with TDLR on February 6, 2025.

Frequently Asked Questions

What is the scope of work for this project?

The scope involves adding a new speculative office suite for a future tenant inside an existing warehouse building. The addition is 2,571 sq ft and is part of a larger development filed as Whisper 3 Spec Office Center 2.

Who is the owner and design firm?

Greystar is the owner and developer of record. Powers Brown Architecture is the design firm listed on the TDLR filing for this specific addition to an existing building in San Marcos.

What is the estimated cost per square foot?

The estimated cost is $476,400 for 2,571 sq ft, resulting in a cost of $185 per square foot. This is above the Hays County median of $152 per square foot for similar additions.

When was the project registered and reviewed?

The project was registered with TDLR in February 2025. Plan review was completed in the same month, with construction scheduled to start in March 2025 and finish by October 2025.

What is WHISPER 3 SPEC OFFICE CENTER 2?

WHISPER 3 SPEC OFFICE CENTER 2 is a additions to existing building project at 1241 FORTUNA RD in San Marcos, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: NEW SPEC OFFICE FOR FUTURE TENANT IN EXISTING WAREHOUSE BUILDING

Is WHISPER 3 SPEC OFFICE CENTER 2 open in San Marcos?

WHISPER 3 SPEC OFFICE CENTER 2 was scheduled to finish construction in Oct 2025 according to its TDLR registration, but TDLR has not recorded a final accessibility inspection, so its opening status is not confirmed in the public record.

Where is WHISPER 3 SPEC OFFICE CENTER 2 located?

WHISPER 3 SPEC OFFICE CENTER 2 is located at 1241 FORTUNA RD, San Marcos, TX, 78666, in Hays County.

Who is the owner or developer of WHISPER 3 SPEC OFFICE CENTER 2?

GREYSTAR is the property owner/developer of record for WHISPER 3 SPEC OFFICE CENTER 2, per its TDLR project registration.

Who is the architect or design firm for WHISPER 3 SPEC OFFICE CENTER 2?

POWERS BROWN ARCHITECTURE is the design firm of record for WHISPER 3 SPEC OFFICE CENTER 2, according to its TDLR filing.

How much does WHISPER 3 SPEC OFFICE CENTER 2 cost and how big is it?

WHISPER 3 SPEC OFFICE CENTER 2 has an estimated construction value of $476K and approximately 2,571 square feet (about $185/sqft), based on its TDLR filing.

Scope of Work

NEW SPEC OFFICE FOR FUTURE TENANT IN EXISTING WAREHOUSE BUILDING

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

1241 FORTUNA RD, San Marcos, TX, 78666

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