Opening ~Dec 2026📝Review Complete🏗️ New Construction💵 This project is privately funded, on private land for private use.

Teel Plaza 3 - Retail Building

3840 W. University Drive, Prosper, TX 75078, Prosper, TX, 75078

Teel Plaza 3 - Retail Building is a new construction project at 3840 W. University Drive, Prosper, in Denton County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Dec 2026. The project has an estimated value of $4.1M across about 21,750 sq ft.

Construction50%

📊Project Metrics

TDLR #TABS2026003841

$4.1M

Project Value

21,750

Square Feet

$189/sqft

Cost/SqFt

1 year

Duration

Registered:Oct 21, 2025

Start:Dec 1, 2025

Target:Dec 1, 2026

Remaining:146 days

📝

Review Complete

Design review complete, construction may proceed

Teel Plaza 3 - Retail Building is a New Construction project located at 3840 W. University Drive, Prosper, TX 75078 in Prosper, Texas. The project has an estimated value of $4.1M covering 21,750 sq ft. Vinessa Properties LP is the property owner and Hodges Architecture is the design firm of record. The project was registered with TDLR on October 21, 2025.

❓Frequently Asked Questions

What is Teel Plaza 3 - Retail Building?

Teel Plaza 3 - Retail Building is a new construction project at 3840 W. University Drive in Prosper, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New commercial retail shell building and site work.

Is Teel Plaza 3 - Retail Building open in Prosper?

Teel Plaza 3 - Retail Building is still under construction in Prosper, TX, with an estimated completion of Dec 2026 according to its TDLR registration.

Where is Teel Plaza 3 - Retail Building located?

Teel Plaza 3 - Retail Building is located at 3840 W. University Drive, Prosper, TX, 75078, in Denton County.

Who is the owner or developer of Teel Plaza 3 - Retail Building?

Vinessa Properties LP is the property owner/developer of record for Teel Plaza 3 - Retail Building, per its TDLR project registration.

Who is the architect or design firm for Teel Plaza 3 - Retail Building?

Hodges Architecture is the design firm of record for Teel Plaza 3 - Retail Building, according to its TDLR filing.

How much does Teel Plaza 3 - Retail Building cost and how big is it?

Teel Plaza 3 - Retail Building has an estimated construction value of $4.1M and approximately 21,750 square feet (about $189/sqft), based on its TDLR filing.

📋Scope of Work

New commercial retail shell building and site work.

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.