Opening ~Apr 2027Project Registered New Construction This project is privately funded, on private land for private use.

The Vaults

207 Corporate Drive, Midland, TX 79705, Midland, TX, 79705

The Vaults is a new construction project at 207 Corporate Drive, Midland, in Midland County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Apr 2027. The project has an estimated value of $11.3M across about 93,500 sq ft.

Pre-Construction15%

Project Metrics

TDLR #TABS2026015086

$11.3M

Project Value

93,500

Square Feet

$121/sqft

Cost/SqFt

1y 1mo

Duration

Registered:Mar 16, 2026

Start:Apr 15, 2026

Target:Apr 25, 2027

Remaining:241 days

Project Registered

Project has been registered with TDLR and is in pre-construction phase

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The Vaults is a New Construction project located at 207 Corporate Drive, Midland, TX 79705 in Midland, Texas. The project has an estimated value of $11.3M covering 93,500 sq ft. Mallard Land Development LLC is the property owner and NC Sturgeon, LP is the design firm of record. The project was registered with TDLR on March 16, 2026.

Frequently Asked Questions

What is The Vaults?

The Vaults is a new construction project at 207 Corporate Drive in Midland, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: 93,500 SF Storage units with Mezzanines

Is The Vaults open in Midland?

The Vaults is still under construction in Midland, TX, with an estimated completion of Apr 2027 according to its TDLR registration.

Where is The Vaults located?

The Vaults is located at 207 Corporate Drive, Midland, TX, 79705, in Midland County.

Who is the owner or developer of The Vaults?

Mallard Land Development LLC is the property owner/developer of record for The Vaults, per its TDLR project registration.

Who is the architect or design firm for The Vaults?

NC Sturgeon, LP is the design firm of record for The Vaults, according to its TDLR filing.

How much does The Vaults cost and how big is it?

The Vaults has an estimated construction value of $11.3M and approximately 93,500 square feet (about $121/sqft), based on its TDLR filing.

Scope of Work

93,500 SF Storage units with Mezzanines

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.