C17 3S Class Office in Richardson, TX

Raytheon CityLine C17 is a 1,750 sq ft renovation of an existing office space at 1717 East CityLine Dr. in Richardson. The project, identified in the filing as C17 3S Class Office, involves alteration work on private land for private use. The estimated cost for this scope of work is $200,000, which computes to $114 per square foot. Property Reserve Inc. is the owner of record, and MJMc Architects is the design firm listed on the plan.

The construction schedule in the public record indicates that plan review was completed in December 2025, with construction starting in the same month. The filing scheduled completion for February 2026. However, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record.

Project Context and Comparisons

This renovation is part of a broader portfolio for Property Reserve Inc., which has three other TDLR-registered projects totaling $15,800,000. These include the Old Shepard Place Apartments Leasing Center in Plano and the 35 Eagle Building C in Fort Worth. MJMc Architects has six other registered projects totaling $32,950,000, including several for Coherent Corp. in Sherman and one for Collins Aerospace in Richardson.

In Collin County, the median estimated cost for renovation and alteration filings is $220,000, with a median size of 3,418 sq ft. This project’s cost is close to the county median for its type. Its scheduled build window of 77 days is close to the county median of 92 days. The cost per square foot of $114 is above the county median of $78.

The site is located in ZIP code 75234, which has a population of about 32,998 according to U.S. Census ACS 2023 five-year estimates. The median household income in this area is $86,585, and the median owner-occupied home value is $314,300. Nearby businesses include Tricky Fish, Richardson Dentistry, and Good Union Urban BBQ.