Funding type
This project is privately funded, on private land for private use.
Westfork Crossing - Phase III in Prosper, TX
5000 W. University Drive, Prosper, TX, 75078
Westfork Crossing - Phase III is a new construction project at 5000 W. University Drive, Prosper, in Denton County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jan 2027. The project has an estimated value of $11.5M across about 153,630 sq ft.
- Estimated project value
- $11.5M
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
- 153,630 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $75/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
- 9 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.
77 days after the preceding date shown.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
36 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.
239 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Westfork Crossing - Phase III
Westfork Crossing - Phase III is a new commercial development at 5000 W. University Drive in Prosper, Texas, featuring 153,630 sq ft of anchor and retail shell buildings. The project, filed with the Texas Department of Licensing and Regulation (TDLR) under the name Retail Anchor and Shell Buildings, is scheduled to finish in January 2027. Construction began in April 2026 following the completion of plan review in May 2026.
Northwest 423/380 LP and Mountainprize Inc serve as the owners of record for this privately funded venture on private land. Hodges Architecture is the design firm of record, bringing experience to the project; the firm has six other TDLR-registered projects totaling $11,377,000 in the region. Hans P Hertner is the registered accessibility specialist for the site.
Project Scope and Cost
The estimated cost for this new construction is $11,500,000, which works out to $75 per square foot. This figure is below the Denton County median of $121 per square foot for similar new construction filings. The total estimated cost is above the county median for its type, placing it in the top quarter of recent filings. The scheduled build window of 275 days is close to the county median of 220 days.
The scope of work includes new commercial anchor and retail shell buildings and associated site work. Local coverage from communityimpact.com has described the project as a new commercial anchor and retail shell building development in Prosper.
Area Context
Prosper is a rapidly growing community in Denton County. According to U.S. Census ACS 2023 five-year estimates for ZIP code 75078, the population is about 46,857 with a median household income of $187,634. The area has 14,409 housing units, and housing is predominantly owner-occupied, with a median owner-occupied home value of $650,600. The Denton County unemployment rate was 4.4 percent in June 2026, higher than a year earlier.
Other registered projects in the nearby area include the WWSS - Frisco renovation, Brake Masters new construction, and Buona Beef Rainbow Cone new construction. Businesses already operating near this site include Safari Doodles, Vidya's Yummy Cakes LLC, and CMIT Solutions of Denton. This project adds to the commercial infrastructure in a region with significant residential and commercial activity.
Review Complete
Design review complete, construction may proceed
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Westfork Crossing - Phase III is a New Construction project located at 5000 W. University Drive, Prosper, TX 75078 in Prosper, Texas. The project has an estimated value of $11.5M covering 153,630 sq ft. Northwest 423/380 LP & Mountainprize Inc is the property owner and Hodges Architecture is the design firm of record. The project was registered with TDLR on January 14, 2026.
Frequently Asked Questions
When is the construction scheduled to finish?
Construction is scheduled to finish in January 2027, with work starting in April 2026 and plan review completed in May 2026.
Who is the developer of this project?
The owners of record are Northwest 423/380 LP and Mountainprize Inc. The project is privately funded on private land.
What is the total square footage of the new buildings?
The project features 153,630 sq ft of new commercial anchor and retail shell buildings.
Is the business open to the public?
No, the project is under construction. The TDLR record indicates construction status, not business operations.
Who is the design firm for this project?
Hodges Architecture is the design firm of record for the Westfork Crossing - Phase III project.
What is Westfork Crossing - Phase III?
Westfork Crossing - Phase III is a new construction project at 5000 W. University Drive in Prosper, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New commercial anchor and retail shell buildings and site work.
Is Westfork Crossing - Phase III open in Prosper?
Westfork Crossing - Phase III is still under construction in Prosper, TX, with an estimated completion of Jan 2027 according to its TDLR registration.
Where is Westfork Crossing - Phase III located?
Westfork Crossing - Phase III is located at 5000 W. University Drive, Prosper, TX, 75078, in Denton County.
Who is the owner or developer of Westfork Crossing - Phase III?
Northwest 423/380 LP & Mountainprize Inc is the property owner/developer of record for Westfork Crossing - Phase III, per its TDLR project registration.
Who is the architect or design firm for Westfork Crossing - Phase III?
Hodges Architecture is the design firm of record for Westfork Crossing - Phase III, according to its TDLR filing.
How much does Westfork Crossing - Phase III cost and how big is it?
Westfork Crossing - Phase III has an estimated construction value of $11.5M and approximately 153,630 square feet (about $75/sqft), based on its TDLR filing.
Scope of Work
New commercial anchor and retail shell buildings and site work.
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
5000 W. University Drive, Prosper, TX, 75078
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