Prosperity Bank - Renovation

The Sterling, located at 5949 Sherry Lane, suite 750, in the Park Cities neighborhood of Dallas, is the site of a 13,207 sq ft renovation. The filing identifies the work as a renovation of the 7th floor office space, with an estimated cost of $1,134,000. This project is privately funded on private land for private use, with Sterling Plaza Owner, L.P. listed as the owner of record.

SLI Group is the design firm of record for this alteration. The project was registered with TDLR in February 2026, with a scheduled construction start in March 2026 and a target completion date of May 2026. The estimated cost per square foot is $86, which is above the Dallas County median of $72 for similar renovation filings. The scheduled build window of 74 days is close to the county median of 92 days.

According to the public record, no plan review or inspection has been recorded since the initial registration. Therefore, whether the project proceeded according to the schedule is not confirmed in the TDLR database.

Sterling Plaza Owner, L.P. has five other TDLR-registered projects in Dallas, all marked as review complete, with a combined value of $5,744,479. SLI Group has six other registered projects totaling $3,990,000, including work for Gulf Coast Educators Federal Credit Union and Woodforest Bank. The Sterling is a 313,609 square foot Class AA office tower, as described by CBRE, featuring a modern lobby and ample parking.

The surrounding area includes Hillstone, The Plaza At Preston Center, and several dental and medical practices. Census estimates for ZIP 75225 indicate a median household income of $189,985 and a median owner-occupied home value of $1,489,200. Dallas County unemployment was 3.3 percent in July 2026, higher than a year earlier. This context places the renovation within a high-value residential and commercial corridor in Dallas.