Project intelligenceTDLR TABS2025020972New Construction
Funding type

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

Speedway 3 bldg 3 Sonic TI in Fort Worth, TX

PETTY PLACE AT VICTORY CIRCLE WEST, Fort Worth, TX, 76177

Target date passed (Jul 2026)Review Complete

Speedway 3 bldg 3 Sonic TI is a new construction project at PETTY PLACE AT VICTORY CIRCLE WEST, Fort Worth, in Tarrant County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Jul 2026 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $2.2M across about 163,466 sq ft.

Estimated project value
$2.2M
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
163,466 ft²
About this figure

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

Estimated cost / ft²
$13/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
1 year
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.

Jun 10, 2025386 days across supplied datesJul 1, 2026

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

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  3. Scheduled construction start · Scheduled date

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

    21 days after the preceding date shown.

    Source: TDLR filing

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  4. Scheduled completion · Scheduled date

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

    365 days after the preceding date shown.

    Source: TDLR filing

    View source record

📰About Speedway 3 bldg 3 Sonic TI

Scannell Properties is constructing Speedway 3 bldg 3 Sonic TI at Petty Place at Victory Circle West in Fort Worth. This new construction project totals 163,466 sq ft and includes office, production, and warehouse space. The estimated cost is $2,200,000, or $13 per square foot. This per-square-foot cost is below the county median of $120 for similar new construction filings in Tarrant County.

Powers Brown Architecture is the design firm of record, and Ernest G Taylor is the registered accessibility specialist. TDLR completed plan review in June 2025. Construction was scheduled to begin in July 2025 and finish in July 2026. TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The project is privately funded on private land for private use.

Project Scale and Regional Context

The scheduled build window of 365 days is longer than the county median of 214 days. The total estimated cost is above the county median of $800,000 for new construction in Tarrant County. Scannell Properties has six other TDLR-registered projects totaling $49,350,000, located in Laredo and Fort Worth. These projects have various statuses, including review complete and project closed.

Powers Brown Architecture has six other TDLR-registered projects totaling $15,598,313 in Houston, Leander, and Baytown. The surrounding area, ZIP code 76177, has a population of about 24,141 according to U.S. Census ACS 2023 five-year estimates. The median household income in this ZIP code is $103,990. There are 10,140 housing units, with a median owner-occupied home value of $349,400.

Other registered projects nearby include Csj: 0718-01-077, Taco Bell, 35 Eagle Phase IV B2, HWY 114 & Wolff Crossing, and Speedway 3 Building 1 Spec TI. The Tarrant County unemployment rate was 4.4 percent in August 2026, lower than a year earlier. This data provides context for the local labor market during the construction period.

Review Complete

Design review complete, construction may proceed

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Speedway 3 bldg 3 Sonic TI is a New Construction project located at PETTY PLACE AT VICTORY CIRCLE WEST, Fort Worth, TX 76177 in Fort Worth, Texas. The project has an estimated value of $2.2M covering 163,466 sq ft. SCANNELL PROPERTIES is the property owner and POWERS BROWN ARCHITECTURE is the design firm of record. The project was registered with TDLR on June 10, 2025.

Frequently Asked Questions

What is the total square footage of the building?

The project is registered as 163,466 sq ft of new office, production, and warehouse space.

Who is the owner of the property?

Scannell Properties is listed as the owner and developer of record for this Fort Worth project.

Is the business open?

TDLR has not yet recorded a final inspection. Construction status does not confirm that the business is open or operating.

What is the estimated cost per square foot?

The estimated cost is $2,200,000 for 163,466 sq ft, which calculates to $13 per square foot.

When was plan review completed?

TDLR completed the plan review process for this project in June 2025, prior to the scheduled construction start.

What is Speedway 3 bldg 3 Sonic TI?

Speedway 3 bldg 3 Sonic TI is a new construction project at PETTY PLACE AT VICTORY CIRCLE WEST in Fort Worth, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: NEW OFFICE, PRODUCTION AND WAREHOUSE

Is Speedway 3 bldg 3 Sonic TI open in Fort Worth?

Speedway 3 bldg 3 Sonic TI was scheduled to finish construction in Jul 2026 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 Speedway 3 bldg 3 Sonic TI located?

Speedway 3 bldg 3 Sonic TI is located at PETTY PLACE AT VICTORY CIRCLE WEST, Fort Worth, TX, 76177, in Tarrant County.

Who is the owner or developer of Speedway 3 bldg 3 Sonic TI?

SCANNELL PROPERTIES is the property owner/developer of record for Speedway 3 bldg 3 Sonic TI, per its TDLR project registration.

Who is the architect or design firm for Speedway 3 bldg 3 Sonic TI?

POWERS BROWN ARCHITECTURE is the design firm of record for Speedway 3 bldg 3 Sonic TI, according to its TDLR filing.

How much does Speedway 3 bldg 3 Sonic TI cost and how big is it?

Speedway 3 bldg 3 Sonic TI has an estimated construction value of $2.2M and approximately 163,466 square feet (about $13/sqft), based on its TDLR filing.

Scope of Work

NEW OFFICE, PRODUCTION AND WAREHOUSE

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

PETTY PLACE AT VICTORY CIRCLE WEST, Fort Worth, TX, 76177

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