Colonial Savings, F.A. in Lewisville, TX

Colonial Savings, F.A. filed a TDLR registration for the new construction of a banking center at 217 S Stemmons Fwy in Lewisville. The project, identified in the filing as the Colonial- Lewisville Banking Center, covers 3,950 sq ft of new floor space. The estimated cost for this build is $1,400,000, which translates to a cost of $354 per square foot.

Project Status and Timeline

The project was registered with the Texas Department of Licensing and Regulation in January 2026. Plan review was completed in February 2026, and construction was scheduled to begin in the same month. The filing listed September 2026 as the completion date. However, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The official TDLR status is Review Complete.

Design and Ownership

Colonial Savings, F.A. is the owner and developer of record. The design firm of record is Laurie Murphy Architect PLLC. Jeffrey A Gutknecht is the registered accessibility specialist for this project. The work is privately funded, on private land, and for private use.

For context, this project’s estimated cost is above the county median for new construction in Denton County. The scheduled build window of 212 days is close to the county median of 219 days. The cost per square foot is above the county median of $121. Laurie Murphy Architect PLLC has six other TDLR-registered projects totaling $19,268,897, including a $14,000,000 project in Prosper and a $4,500,000 project in Fort Worth.

The Lewisville area, represented by ZIP code 75067, has a population of about 68,451 people according to U.S. Census ACS 2023 five-year estimates. The median household income in this ZIP code is $76,630, and the median owner-occupied home value is $321,100. Housing in this area is mostly renter-occupied. The Denton County unemployment rate was 4.3 percent in July 2026, higher than a year earlier.