Spec Suite #290 in Allen, TX

The Twin Creeks Medical Office Building I project in Allen involves the renovation of Suite #290 at 1111 Raintree Circle. This specific alteration covers 1,467 square feet of existing space within a medical office building. The work is classified as a renovation and alteration rather than new construction. The estimated cost for these improvements is $170,000, which translates to a rate of $116 per square foot. The project is registered with TDLR under the name Spec Suite #290.

Texas HCP Holding, LP is the owner of record for this development. Lincoln Property Company serves as the design firm. The registered accessibility specialist for the project is Glenn Thomas Comtois. The funding source is private, with the work taking place on private land for private use. This project is part of a broader portfolio for the owner, which includes five other TDLR-registered projects totaling $1,332,000. These include locations in Fort Worth and Houston, as well as a separate building in Allen.

Project Timeline and Status

The project was registered with TDLR in May 2025. Plan review was completed in the same month. Construction was scheduled to begin in May 2025, with a planned completion date of June 2025. Although this scheduled date has passed, TDLR has not yet recorded a final inspection. Therefore, the current state of the site is not confirmed in the public record. The status in the system remains Review Complete, reflecting the administrative processing stage rather than physical completion.

In terms of scale, this project is smaller than the median renovation project in Collin County. The median size for similar filings in the county is 3,420 square feet. The estimated cost of $170,000 is below the county median of $220,000 for renovation and alteration projects. However, the cost per square foot of $116 is above the county median of $78. The scheduled build window of 25 days is shorter than the county median of 92 days for similar work. These figures are derived from 11,214 TDLR-registered renovation and alteration filings in Collin County.

The area surrounding the project is Allen, Texas. According to U.S. Census American Community Survey 2023 five-year estimates for ZIP code 75013, the population is about 48,557. The median household income is $151,618. There are 18,341 housing units in the area, with a median owner-occupied home value of $561,000. Housing in this ZIP code is mostly owner-occupied. This context provides a snapshot of the local demographic and economic environment where the medical office suite is located.