Funding type
This project is privately funded, on private land for private use.
Prosperity Bank
700 N Pecos, Midland, TX, 79701
Prosperity Bank is a new construction project at 700 N Pecos, Midland, in Midland County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Aug 2026 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $6.0M across about 13,753 sq ft.
- Estimated project value
- $6.0M
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
- 13,753 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $436/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
- 8 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.
4 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.
32 days after the preceding date shown.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
20 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.
223 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Prosperity Bank
Prosperity Bank is constructing a new 2-story banking facility at 700 N Pecos in Midland. The project, filed under the name Prosperity Bank Midland, covers 13,753 square feet and includes site improvements. This new construction is located in the Homestead area of Midland County.
The estimated cost for the project is $6,000,000, which works out to $436 per square foot. MWM Architects is the design firm of record. Stephen D Macphie is the registered accessibility specialist for this filing. The project is privately funded on private land for private use.
Construction Timeline and Status
Construction was scheduled to begin in December 2025. TDLR completed plan review in January 2026. The filing lists an August 2026 completion date. TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The TDLR status is Review Complete.
Prosperity Bank has five other TDLR-registered projects in Texas. These include locations in Galveston, Wichita Falls, College Station, Gainesville, and San Angelo. The total value of these other projects is $9,412,000. MWM Architects has six other registered projects, including a $8,500,000 United Supermarket in Seminole and a $4,000,000 DeZavala Elementary School in Midland.
In Midland County, the median estimated cost for new construction is $1,000,000. This project's cost is above the county median for its type. The median size is 8,000 square feet, and the median cost per square foot is $169. This project's scheduled build window of 243 days is close to the county median of 243 days. The area has a population of about 27,678 and a median household income of $57,679 according to Census estimates for ZIP 79701.
Review Complete
Design review complete, construction may proceed
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Prosperity Bank is a New Construction project located at 700 N Pecos, Midland, TX 79701 in Midland, Texas. The project has an estimated value of $6.0M covering 13,753 sq ft. Prosperity Bank is the property owner and MWM Architects is the design firm of record. The project was registered with TDLR on November 13, 2025.
Frequently Asked Questions
Where is the Prosperity Bank Midland project located?
The project is at 700 N Pecos, Midland, TX 79701. It is in the Homestead area of Midland County.
How much does the new bank cost?
The estimated cost is $6,000,000. This is $436 per square foot for the 13,753 square foot facility.
Is the Prosperity Bank Midland project finished?
TDLR has not yet recorded a final inspection. The scheduled completion date was August 2026, but the site status is not confirmed in the public record.
Who designed the building?
MWM Architects is the design firm of record. Stephen D Macphie is the registered accessibility specialist.
Is the bank open for business?
The construction record does not confirm business operations. TDLR has not yet recorded a final inspection, so the site status is unconfirmed.
What is Prosperity Bank?
Prosperity Bank is a new construction project at 700 N Pecos in Midland, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New 2-story Banking Facility, including Site Improvements
Is Prosperity Bank open in Midland?
Prosperity Bank was scheduled to finish construction in Aug 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 Prosperity Bank located?
Prosperity Bank is located at 700 N Pecos, Midland, TX, 79701, in Midland County.
Who is the owner or developer of Prosperity Bank?
Prosperity Bank is the property owner/developer of record for Prosperity Bank, per its TDLR project registration.
Who is the architect or design firm for Prosperity Bank?
MWM Architects is the design firm of record for Prosperity Bank, according to its TDLR filing.
How much does Prosperity Bank cost and how big is it?
Prosperity Bank has an estimated construction value of $6.0M and approximately 13,753 square feet (about $436/sqft), based on its TDLR filing.
Scope of Work
New 2-story Banking Facility, including Site Improvements
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
700 N Pecos, Midland, TX, 79701
Related Projects
Same Owner
$8.6M totalNearby Projects
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