Horizon II Industrial - Building 2

Horizon II Industrial - Building 2 is a new 154,233 sq ft office and warehouse facility located at 4050 Regent Boulevard in the Las Colinas area of Irving. The project, registered with TDLR in March 2026, is scheduled to finish in May 2027, with construction work starting in May 2026. The estimated cost for this single-structure build is $6,421,960.

The building features tilt-up concrete exterior walls and a steel roof structure. It is fully sprinklered with an ESFR System, a specification often used in industrial settings to protect high-value inventory and equipment. Pross Design Group serves as the design firm of record, while RREEF CPIF 4050 Regent Blvd., LLC is the owner and developer.

The site is situated in ZIP code 75063, where Census estimates for 2023 indicate a population of about 45,486 and a median household income of $117,583. Nearby businesses include the Four Points by Sheraton Dallas Fort Worth Airport North, Envoy Air, and the State Farm Operations Center - Irving.

Project Scale and Cost Context

With an estimated cost of $6,421,960, this project is above the county median for new construction in Dallas County, which is $950,000. The size of 154,233 sq ft is significantly larger than the county median of 9,642 sq ft. The computed cost of $42 per square foot is below the county median of $125 per square foot, reflecting the industrial nature of the build compared to other commercial projects in the region.

The scheduled build window is 393 days, which is longer than the county median of 243 days. This extended timeline is consistent with the complexity of a large-scale industrial structure requiring specialized systems like the ESFR sprinkler network. The owner, RREEF CPIF 4050 Regent Blvd., LLC, has two other TDLR-registered projects in Irving totaling $12,012,784, both with review complete status.

Pross Design Group has been involved in six other TDLR-registered projects totaling $44,321,000, including Ridgepoint Industrial in Irving and Cabot 13TX2M03 Houston Taub Road. The project’s registration status is Review Complete, with plan review finalized in April 2026. Dallas County unemployment was 3.4 percent in June 2026, higher than a year earlier, providing context for the local labor market during this construction period.