RASI Plaza

RASI Plaza is a 4,800 square foot renovation project located at 3411 Andrews Hwy in Midland, Texas. The work, filed as a renovation and alteration, involves converting vacant lease space into an office environment. RASI Ventures LLC is the owner of record, and NC Sturgeon serves as the design firm for the project. The estimated cost for this specific improvement is $300,000.

The project registered with TDLR in June 2025, with plan review completed the same month. Construction was scheduled to begin in August 2025, with a target completion date of January 2026. Although that scheduled end date has passed, TDLR has not yet recorded a final inspection. Therefore, the current physical state of the site is not confirmed in the public record, and the project cannot be considered officially closed.

Local coverage by mrt.com noted that RASI Ventures sought to rezone two lots on Andrews Highway to an Office District for this development. The article described the plans to build new office space, aligning with the filing scope of 4,800 square feet of vacant lease space. This renovation fits within a broader pattern of commercial development in the area, where other registered projects include The Commons at North Park Shopping Center and Valenziano Victory PLAZA.

In terms of scale, this project’s estimated cost is above the county median for similar renovation filings. The median estimated cost for renovation and alteration projects in Midland County is $250,000. However, the cost per square foot for RASI Plaza is $62, which is below the county median of $81 per square foot. The scheduled build window of 163 days is longer than the county median of 122 days for comparable work.

NC Sturgeon has a significant portfolio in the region, with five other TDLR-registered projects totaling $7,100,000. These include medical offices in Midland and Odessa, as well as a bulk plant and a shopping center renovation. RASI Ventures LLC also has one other registered project, Indira Donepudi, MD, which is listed as closed. The area surrounding the project, identified by ZIP code 79703, has a population of about 20,638 according to U.S. Census estimates.

The registered accessibility specialist for this project is Richard Todd Lozano. The funding source is private, with the work taking place on private land for private use. Readers should note that while the filing indicates a completion date in the past, the absence of a final inspection record means the project status remains pending in the official TDLR database.