Monument Commons Office Condos

Monument Commons Office Condos is a new construction project at 501 Rock Street, Georgetown, TX 78626. The development consists of two two-story office condo buildings totaling 17,000 square feet of space. The structure features a wood-framed construction with exterior finishes of limestone and fiber cement siding. This specific build is scheduled to finish in October 2028, with construction work starting in January 2026.

Project Scope and Design

The filing describes eleven tenant units, each equipped with conference rooms, offices, and restrooms. The design includes courtyard and amenity spaces provided for tenant use. GT Monument 2 LP is the owner and developer of record for this privately funded project on private land. Pillar Architecture Studio is the design firm of record, responsible for the architectural plans. Steve R Zoerner is the registered accessibility specialist associated with the filing. The estimated cost for the project is $5,950,000, which calculates to $350 per square foot.

In Williamson County, the median estimated cost for new construction filings is $850,000. This project’s cost is above the county median for its type, placing it in the top quarter of filings. The median size for such projects is 9,011 square feet, while this development is 17,000 square feet. The median cost per square foot in the county is $110, whereas this project is $350 per square foot. The scheduled build window for this project is 1,001 days, which is longer than the county median of 245 days. TDLR completed plan review in December 2025, and the status is listed as Review Complete.

Location and Context

The site is located in Georgetown within Williamson County. The surrounding area includes established businesses such as Monument Cafe, Dos Salsas, and the Georgetown Public Library. Local coverage, including a post by Community Impact, listed Monument Commons Office Condos among new and coming soon developments in downtown Georgetown. An Instagram post also noted that two new office buildings were breaking ground in January. The area’s ZIP code 78626 has a population of about 45,020, with a median household income of $94,967. Housing in this ZIP code is mostly owner-occupied, with a median owner-occupied home value of $358,500.

GT Monument 2 LP has one other TDLR-registered project, GT Monument in Georgetown, which is closed and valued at $150,000. Pillar Architecture Studio has six other TDLR-registered projects, including the East Penn Manufacturing Co in Temple and Capital Farm Credit branches in Burnet and Fredericksburg. The Williamson County unemployment rate was 4.2 percent in June 2026, higher than a year earlier. This project represents a significant addition to the commercial office inventory in Georgetown, focusing on flexible condo-style office spaces with modern amenities.