Funding type
This project involves public funds, public land, or is a Federally funded roadway project.
The Market at Lago Mar - Building C in Texas City, TX
Interstate Highway 45 & Seacrest Lane, Texas City, TX, 77510
The Market at Lago Mar - Building C is a new construction project at Interstate Highway 45 & Seacrest Lane, Texas City, in Galveston County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jun 2027. The project has an estimated value of $2.4M across about 13,532 sq ft.
- Estimated project value
- $2.4M
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
- 13,532 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $175/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 recordReview complete · TDLR filing
The filing records completion of the accessibility review.
127 days after the preceding date shown.
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.
73 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.
273 days after the preceding date shown.
Source: TDLR filing
View source record
📰About The Market at Lago Mar - Building C
Building C at The Market at Lago Mar is a new 13,532 sq ft retail shell under development at the intersection of Interstate Highway 45 and Seacrest Lane in Texas City. The structure is designed for a future tenant buildout, with an estimated construction cost of $2,368,100. Malabar Hill Capital serves as the owner of record, while Identity Architects handles the design.
Project Scope and Status
The filing specifies a one-story retail shell building. TDLR completed the plan review in June 2026. Construction is scheduled to begin in September 2026 and is scheduled to finish in June 2027. The project is registered with the Texas Department of Licensing and Regulation, and the status is Review Complete.
This development involves public funds, public land, or is a Federally funded roadway project. The registered accessibility specialist for the project is Brian Gary Stanton. The estimated cost per square foot is $175, which is above the Galveston County median of $116 for similar new construction filings. The scheduled build window of 273 days is longer than the county median of 214 days.
Regional Context
Malabar Hill Capital has five other TDLR-registered projects in the region, including Buildings A and B in Texas City and Fulshear. These projects have a combined value of approximately $18.8 million. Identity Architects has also registered six other projects in the Houston area, including medical plazas in Cypress and Deer Park.
The surrounding area includes existing businesses such as Lago Mar Clubhouse and EPIC Realty Pros. According to U.S. Census estimates for ZIP code 77510, the population is about 13,938 with a median household income of $96,284. The housing stock is predominantly owner-occupied, with a median home value of $281,200. Galveston County unemployment was reported at 5.1 percent in July 2026.
Review Complete
Design review complete, construction may proceed
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The Market at Lago Mar - Building C is a New Construction project located at Interstate Highway 45 & Seacrest Lane, Texas City, TX 77510 in Texas City, Texas. The project has an estimated value of $2.4M covering 13,532 sq ft. Malabar Hill Capital is the property owner and Identity Architects is the design firm of record. The project was registered with TDLR on February 13, 2026.
Frequently Asked Questions
Is Building C in Texas City open?
The TDLR record shows construction is scheduled to finish in June 2027. The project is in the construction phase, and there is no information confirming an opening date.
Who is the developer of Building C?
Malabar Hill Capital is the owner and developer of record for this project. Identity Architects is the design firm of record.
What is the estimated cost of the project?
The estimated cost for the new construction is $2,368,100. This amounts to approximately $175 per square foot for the 13,532 sq ft building.
When does construction start?
Construction is scheduled to start in September 2026. The project is scheduled to finish in June 2027, following the completion of plan review in June 2026.
What type of building is this?
This is a one-story retail shell building intended for future tenant buildout. It is part of The Market at Lago Mar development in Texas City.
What is The Market at Lago Mar - Building C?
The Market at Lago Mar - Building C is a new construction project at Interstate Highway 45 & Seacrest Lane in Texas City, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: 1 Story Retail Shell Building for future tenant buildout
Is The Market at Lago Mar - Building C open in Texas City?
The Market at Lago Mar - Building C is still under construction in Texas City, TX, with an estimated completion of Jun 2027 according to its TDLR registration.
Where is The Market at Lago Mar - Building C located?
The Market at Lago Mar - Building C is located at Interstate Highway 45 & Seacrest Lane, Texas City, TX, 77510, in Galveston County.
Who is the owner or developer of The Market at Lago Mar - Building C?
Malabar Hill Capital is the property owner/developer of record for The Market at Lago Mar - Building C, per its TDLR project registration.
Who is the architect or design firm for The Market at Lago Mar - Building C?
Identity Architects is the design firm of record for The Market at Lago Mar - Building C, according to its TDLR filing.
How much does The Market at Lago Mar - Building C cost and how big is it?
The Market at Lago Mar - Building C has an estimated construction value of $2.4M and approximately 13,532 square feet (about $175/sqft), based on its TDLR filing.
Scope of Work
1 Story Retail Shell Building for future tenant buildout
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
Interstate Highway 45 & Seacrest Lane, Texas City, TX, 77510
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