Funding type
This project is privately funded, on private land for private use.
Premier Spec Suite - B1 TI in Laredo, TX
102 Chelsea St, Laredo, TX, 78045
Premier Spec Suite - B1 TI is a new construction project at 102 Chelsea St, Laredo, in Webb County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Jan 2026 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $21.6M across about 454,099 sq ft.
- Estimated project value
- $21.6M
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
- 454,099 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $48/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
- 4 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.
3 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
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.
40 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.
122 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Premier Spec Suite - B1 TI
Premier Industrial Park - Building 1 is a new construction project located at 102 Chelsea St in Laredo, Webb County. The filing, registered with TDLR in August 2025, describes a 454,099 sq ft tenant improvement within an existing warehouse structure. The scope involves creating a small spec suite office with new partitions, electrical, lighting, plumbing, and finishes. The estimated cost for this work is $21,601,489.
The project is privately funded on private land for private use. Panattoni Development Company, INC. is the owner and developer of record. Ware Malcomb serves as the design firm. Jeffery L Kelley is the registered accessibility specialist. The construction start date listed in the filing is September 2025, with a target completion date of January 2026. The TDLR status remains Project Registered.
No plan review or inspection has been recorded since registration. Therefore, whether the project proceeded as scheduled is not confirmed in the public record. The completion date of January 2026 has passed, but the lack of recorded inspections means the final status of the physical work is unverified by TDLR data.
Context and Comparisons
This project’s estimated cost is above the county median for new construction in Webb County. The median cost for similar filings is $900,000, while this project is valued at $21,601,489. The scheduled build window of 122 days is shorter than the county median of 240 days. The cost per square foot is $48, which is below the county median of $95. Panattoni Development Company, INC. has one other TDLR-registered project in Laredo, Premier Industrial Park - Building 2, valued at $10,884,400.
Ware Malcomb has six other TDLR-registered projects totaling $48,588,544. These include locations in Katy, Coppell, Plano, and Wylie. The ZIP code 78045 has a population of about 67,185 people. The median household income in this area is $89,334. Webb County’s unemployment rate was 4.8 percent in July 2026.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
Follow this project
Get an email when the status changes — permits pulled, construction started, work finished. Free, and nothing else.
Or watch all projects in 78045 (Laredo)
One email per change. Unsubscribe in one click. Privacy.
Premier Spec Suite - B1 TI is a New Construction project located at 102 Chelsea St, Laredo, TX 78045 in Laredo, Texas. The project has an estimated value of $21.6M covering 454,099 sq ft. Panattoni Development Company, INC. is the property owner and Ware Malcomb is the design firm of record. The project was registered with TDLR on August 6, 2025.
Frequently Asked Questions
Is Premier Industrial Park - Building 1 open for business?
The TDLR record does not confirm the business is open. The project status is Project Registered, and no plan review or inspection has been recorded to verify completion or operation.
Who is the developer for this Laredo project?
Panattoni Development Company, INC. is the owner and developer of record for Premier Industrial Park - Building 1 at 102 Chelsea St in Laredo.
What is the estimated cost of the tenant improvement?
The estimated cost for the 454,099 sq ft tenant improvement is $21,601,489. This includes new partitions, electrical, lighting, plumbing, and finishes within the existing warehouse.
Who designed the office suite?
Ware Malcomb is the design firm of record. Jeffery L Kelley is the registered accessibility specialist for the project.
Is the project in a flood zone?
It is located in zone X according to the FEMA National Flood Hazard Layer.
What is Premier Spec Suite - B1 TI?
Premier Spec Suite - B1 TI is a new construction project at 102 Chelsea St in Laredo, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: The scope of work is for a 454,099 sf. tenant improvement within an existing warehouse building. The tenant improvement is for a small spec suite office with new partitions, electrical, lighting, plumbing, and finishes.
Is Premier Spec Suite - B1 TI open in Laredo?
Premier Spec Suite - B1 TI was scheduled to finish construction in Jan 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 Premier Spec Suite - B1 TI located?
Premier Spec Suite - B1 TI is located at 102 Chelsea St, Laredo, TX, 78045, in Webb County.
Who is the owner or developer of Premier Spec Suite - B1 TI?
Panattoni Development Company, INC. is the property owner/developer of record for Premier Spec Suite - B1 TI, per its TDLR project registration.
Who is the architect or design firm for Premier Spec Suite - B1 TI?
Ware Malcomb is the design firm of record for Premier Spec Suite - B1 TI, according to its TDLR filing.
How much does Premier Spec Suite - B1 TI cost and how big is it?
Premier Spec Suite - B1 TI has an estimated construction value of $21.6M and approximately 454,099 square feet (about $48/sqft), based on its TDLR filing.
Scope of Work
The scope of work is for a 454,099 sf. tenant improvement within an existing warehouse building. The tenant improvement is for a small spec suite office with new partitions, electrical, lighting, plumbing, and finishes.
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
102 Chelsea St, Laredo, TX, 78045
Explore the supplied address
A precise map point has not been loaded. Choose to look up the address, or open it in Google Maps using the link below.
Related Projects
Same Owner
$247.1M totalWatch all construction in 78045 (Laredo)
A short email when anything new is filed in this ZIP. One ZIP free, weekly.
Unsubscribe in one click. Privacy.
Keep exploring
What else is changing in Laredo?
See the surrounding filings, compare the reported schedules, and follow the places that matter to you.