Funding type
This project is privately funded, on private land for private use.
Magnolia Red Creek - Building B
38720 Spur 149, Magnolia, TX, 77354
Magnolia Red Creek - Building B is a new construction project at 38720 Spur 149, Magnolia, in Montgomery County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Feb 2027. The project has an estimated value of $1.7M across about 11,225 sq ft.
- Estimated project value
- $1.7M
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
- 11,225 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $150/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
- 5 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.
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.
529 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.
153 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Magnolia Red Creek - Building B
A new one-story mixed-use shell building is planned for 38720 Spur 149 in Magnolia, Montgomery County. The project, identified as Magnolia Red Creek - Building B, covers 11,225 sq ft and has an estimated cost of $1,683,750. This private development is owned by Malabar Hill Capital and designed by Identity Architecture.
TDLR completed plan review in March 2025 and construction is scheduled to finish in February 2027, with work starting September 2026. The filing lists the registered accessibility specialist as Brian Gary Stanton. The project is privately funded on private land for private use. The TDLR status is Review Complete, confirming that the accessibility plan has been approved prior to the start of physical construction.
Project Scope and Cost Context
The scope of work is specifically defined as the construction of a new 1-story mixed-use shell building. At $150 per square foot, this cost is above the Montgomery County median of $100 per square foot for similar new construction filings. The total estimated cost of $1,683,750 is also above the county median of $800,000. However, the scheduled build window of 153 days is shorter than the county median of 212 days, suggesting an efficient timeline for a structure of this size.
Malabar Hill Capital has six other TDLR-registered projects in the region, totaling $17,378,550. These include buildings in Fulshear and Texas City, indicating a broader development portfolio. Identity Architecture, the design firm, has worked on six other registered projects totaling $9,068,040, including locations in Cypress, Katy, Houston, and Kingwood. This demonstrates experience in both commercial and mixed-use developments across the Houston metro area.
The surrounding area includes existing businesses such as Milano Nail Spa Magnolia, H-E-B, Woof Gang Bakery & Grooming, SoCo Blow Dry Bar, Crew Boutique, and H-E-B Pharmacy. Census estimates for ZIP 77354 show a population of about 40,501 and a median household income of $112,093. The housing stock is predominantly owner-occupied, with a median home value of $379,700. Other registered projects in the immediate vicinity include the Roadstar Gas Station, PNC Bank Magnolia, Atlas Market, The Ranch - Restroom Building, and Pad T.
Review Complete
Design review complete, construction may proceed
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Magnolia Red Creek - Building B is a New Construction project located at 38720 Spur 149 in Magnolia, Texas. The project has an estimated value of $1.7M covering 11,225 sq ft. Malabar Hill Capital is the property owner and Identity Architecture is the design firm of record. The project was registered with TDLR on March 21, 2025.
Frequently Asked Questions
When is construction scheduled to start and finish?
Construction is scheduled to start in September 2026 and is scheduled to finish in February 2027. TDLR completed plan review in March 2025, clearing the way for this timeline.
Who is the owner and architect of this project?
Malabar Hill Capital is the owner of record, and Identity Architecture is the design firm of record. Brian Gary Stanton is the registered accessibility specialist for the filing.
How large is the building and what is the estimated cost?
The building is 11,225 sq ft with an estimated cost of $1,683,750. This works out to $150 per square foot, which is above the Montgomery County median for new construction.
Is the business currently open?
No, the project is in the planning and pre-construction phase. The TDLR status is Review Complete, and construction has not yet begun according to the scheduled start date of September 2026.
Is the site in a flood zone?
It is designated as zone X, which indicates it is outside the mapped flood hazard area.
What is Magnolia Red Creek - Building B?
Magnolia Red Creek - Building B is a new construction project at 38720 Spur 149 in Magnolia, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Construction of a New 1Story Mixed Use Shell Building
Is Magnolia Red Creek - Building B open in Magnolia?
Magnolia Red Creek - Building B is still under construction in Magnolia, TX, with an estimated completion of Feb 2027 according to its TDLR registration.
Where is Magnolia Red Creek - Building B located?
Magnolia Red Creek - Building B is located at 38720 Spur 149, Magnolia, TX, 77354, in Montgomery County.
Who is the owner or developer of Magnolia Red Creek - Building B?
Malabar Hill Capital is the property owner/developer of record for Magnolia Red Creek - Building B, per its TDLR project registration.
Who is the architect or design firm for Magnolia Red Creek - Building B?
Identity Architecture is the design firm of record for Magnolia Red Creek - Building B, according to its TDLR filing.
How much does Magnolia Red Creek - Building B cost and how big is it?
Magnolia Red Creek - Building B has an estimated construction value of $1.7M and approximately 11,225 square feet (about $150/sqft), based on its TDLR filing.
Scope of Work
Construction of a New 1Story Mixed Use Shell 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
38720 Spur 149, Magnolia, TX, 77354
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