Project intelligenceTDLR TABS2026006924New Construction
Funding type

This project is privately funded, on private land for private use.

The McLain in San Marcos, TX

420 North St, San Marcos, TX, 78666

Opening ~Aug 2028Review Complete

The McLain is a new construction project at 420 North St, San Marcos, in Hays County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Aug 2028. The project has an estimated value of $88.5M across about 345,000 sq ft.

Estimated project value
$88.5M
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
345,000 ft²
About this figure

Square footage reported for this scope of work. It may cover only part of a larger property.

Estimated cost / ft²
$257/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
2y 5mo
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.

Dec 1, 20251,003 days across supplied datesAug 30, 2028

4 timeline dates shown.

  1. Project registered · TDLR filing

    Registration of the project with the Texas Department of Licensing and Regulation.

    Source: TDLR filing

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  2. Review complete · TDLR filing

    The filing records completion of the accessibility review.

    59 days after the preceding date shown.

    Source: TDLR filing

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  3. Scheduled construction start · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    62 days after the preceding date shown.

    Source: TDLR filing

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  4. Scheduled completion · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    882 days after the preceding date shown.

    Source: TDLR filing

    View source record

📰About The McLain

The McLain is a new 345,000-square-foot multifamily residential development at 420 North St in San Marcos, Texas. This privately funded project, owned by 420 North Street LLC, consists of three buildings featuring dwelling units, associated parking, and amenities. The estimated construction cost is $88,500,000, translating to $257 per square foot.

Local coverage has described the development as a significant student housing initiative near Texas State University. A report by communityimpact.com noted the project will include 650 to 750 beds across two buildings, while expressnews.com identified the location as being across from the campus in downtown San Marcos. These third-party descriptions align with the TDLR filing, which specifies multifamily residential units on private land.

Design and Construction Timeline

Rhode Partners serves as the design firm of record for The McLain. The company has registered six other projects with the Texas Department of Licensing and Regulation, totaling nearly $384 million in estimated value across San Antonio, Lubbock, and College Station. Kimberly J Goss is the registered accessibility specialist for this specific San Marcos project.

The project registered with TDLR in December 2025. Plan review was completed in January 2026, and the TDLR status is Review Complete. Construction is scheduled to begin in April 2026 and is scheduled to finish in August 2028. This build window of 882 days is longer than the 274-day median for new construction in Hays County.

Market Context and Location

The McLain’s cost per square foot is above the Hays County median of $115, and its total estimated cost is in the top quarter of new construction filings in the county. The site is located in ZIP code 78666, where the U.S. Census estimates the population at about 87,775 and the median household income at $55,478. The area is characterized by a high rate of renter-occupied housing, with a median owner-occupied home value of $271,900.

Hays County’s unemployment rate was 4 percent in July 2026, higher than a year earlier. The McLain represents a substantial addition to the local housing stock, with its scale and cost significantly exceeding the median new construction projects in the region.

Review Complete

Design review complete, construction may proceed

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The McLain is a New Construction project located at 420 North St, San Marcos, TX 78666 in San Marcos, Texas. The project has an estimated value of $88.5M covering 345,000 sq ft. 420 North Street LLC is the property owner and Rhode Partners is the design firm of record. The project was registered with TDLR on December 1, 2025.

Frequently Asked Questions

When is The McLain scheduled to finish?

Construction is scheduled to finish in August 2028. Work is planned to start in April 2026, following the completion of plan review in January 2026.

Who is the developer of The McLain?

The owner of record is 420 North Street LLC. Rhode Partners is the design firm, and Kimberly J Goss is the registered accessibility specialist.

How large is the project?

The McLain consists of 345,000 square feet across three buildings. The estimated cost is $88,500,000, which equates to $257 per square foot.

Is the project in a flood zone?

It is located in flood zone X according to FEMA National Flood Hazard Layer data.

What is the current TDLR status?

The TDLR status is Review Complete. Plan review was finished in January 2026, and the project is registered for new construction.

What is The McLain?

The McLain is a new construction project at 420 North St in San Marcos, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Three privately funded buildings located on private land consisting of multifamily residential dwelling units with associated parking and amenities.

Is The McLain open in San Marcos?

The McLain is still under construction in San Marcos, TX, with an estimated completion of Aug 2028 according to its TDLR registration.

Where is The McLain located?

The McLain is located at 420 North St, San Marcos, TX, 78666, in Hays County.

Who is the owner or developer of The McLain?

420 North Street LLC is the property owner/developer of record for The McLain, per its TDLR project registration.

Who is the architect or design firm for The McLain?

Rhode Partners is the design firm of record for The McLain, according to its TDLR filing.

How much does The McLain cost and how big is it?

The McLain has an estimated construction value of $88.5M and approximately 345,000 square feet (about $257/sqft), based on its TDLR filing.

Scope of Work

Three privately funded buildings located on private land consisting of multifamily residential dwelling units with associated parking and amenities.

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

420 North St, San Marcos, TX, 78666

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