The Preserve in Midland, TX

A 200-acre retail and office development is taking shape at 6101 W Wadley Ave in Midland, transforming the site of the abandoned Nueva Vista Golf Course. The project, filed under the name The Preserve, is a new construction effort with an estimated cost of $22,000,000. This development is significantly larger than the typical commercial project in the region, covering 8,712,000 square feet of land area. The scope of work includes a trail system, a boardwalk, and a thoroughfare designed to connect the new retail and office spaces.

Project Scope and Design

LRK INC. serves as the design firm of record for this complex development. The registered accessibility specialist for the project is Peter Walper. The filing describes the site as privately funded, located on private land for private use. The owner of record is Boot Lake Ranch Property Owner, LLC. The design firm has previously worked on several other TDLR-registered projects, including Main Hall in Northlake and Hancock Whitney - Windfern in Houston, with those specific projects closed.

The project was registered with TDLR in May 2025, and plan review was completed in the same month. Construction was scheduled to begin in April 2025, with a completion date listed as January 2026 on the filing. Despite the scheduled completion date having passed, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The status remains Review Complete, indicating that the administrative review phase is finished, but the final physical verification is pending in the public database.

The estimated cost of $22,000,000 places this project above the county median for new construction filings, which is $1,000,000. The size of 8,712,000 square feet is substantially larger than the median size of 7,968 square feet for similar filings in Midland County. The cost per square foot is calculated at $3, which is below the county median of $169 per square foot. The scheduled build window of 285 days is close to the county median of 243 days for comparable projects.

The location is in Midland County, within the ZIP code 79707. According to U.S. Census ACS 2023 five-year estimates, the area has a population of about 39,881 and a median household income of $99,979. The housing stock in this area is mostly owner-occupied, with a median owner-occupied home value of $382,400. Other registered projects in the same area include Apex Car Wash and Sam's Club, indicating a mix of commercial and retail activity in the vicinity.