Retail/Restaurant Shell Building No. 1 in Little Elm, TX

Retail/Restaurant Shell Building No. 1 is a new construction project located adjacent to East Eldorado Parkway in Little Elm, Texas. The building is designed as a single-story shell retail and restaurant space covering 11,602 square feet. This structure represents a significant commercial addition to the Denton County landscape, with an estimated construction cost of $1,600,000.

The project is owned by Virya Real Estate, which also holds a registration for a Medical Office Shell Building No. 2 in Little Elm. Rashmi C Incorporated serves as the design firm of record. This firm has registered six other projects across Texas, including developments in Forney, Sherman, Plano, and Fort Worth. The estimated cost for this specific shell building is above the median estimated cost for new construction filings in Denton County, which stands at $900,000.

David S Drepaul is the registered accessibility specialist for this project. The filing was registered with TDLR in March 2025. The scheduled construction start date was August 2025, with a target completion date of August 2026. The scheduled build window for this project is 394 days, which is longer than the median scheduled build window of 219 days for similar projects in the county. The cost per square foot is estimated at $138, a figure close to the county median of $121 per square foot.

The public record indicates that the project status is Project Registered. However, no plan review or inspection has been recorded since registration. This lack of recorded activity means that whether construction actually proceeded according to the schedule is not confirmed in the available public data. The project is privately funded and located on private land for private use.

Local Context and Area Profile

Little Elm is a growing community in Denton County with a population of approximately 70,562 residents according to U.S. Census ACS 2023 five-year estimates for ZIP code 75068. The median household income in this area is $126,341, and the median owner-occupied home value is $386,300. The housing stock is predominantly owner-occupied, with about 23,499 housing units. This demographic profile suggests a stable residential base that may support local retail and restaurant services.

Other registered projects in the immediate area include MCD Eldorado Pkwy, LE Fitness and Conditioning, and Swig TX1017 Little Elm TX. These filings indicate active commercial development in the vicinity of Eldorado Parkway. The presence of multiple shell buildings and new construction projects reflects ongoing investment in the local commercial real estate market. The Denton County unemployment rate was 4.2 percent in August 2026, according to FRED data.