Funding type
This project is privately funded, on private land for private use.
Blue Sage Capital and Spec Suite TI in Austin, TX
5000 PLAZA ON THE LAKE SUITE 260 & SUITE 265, Austin, TX, 78746
Blue Sage Capital and Spec Suite TI is a renovation/alteration project at 5000 PLAZA ON THE LAKE SUITE 260 & SUITE 265, Austin, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Sep 2026 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $850K across about 8,552 sq ft.
- Estimated project value
- $850K
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
- 8,552 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $99/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
- 4 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.
8 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.
30 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.
123 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Blue Sage Capital and Spec Suite TI
Blue Sage Capital and Spec Suite TI is an interior renovation and demising project located at 5000 Plaza on the Lake, Suites 260 and 265, in the Hermosa Office Park area of Austin. The work involves the interior remodel and division of an existing suite totaling 8,552 sq ft. The owner of record is OP III Plaza on the Lake LTD, and the project is privately funded on private land for private use.
Project Scope and Cost
The estimated cost for this renovation is $850,000, which calculates to $99 per square foot. This cost is above the county median for similar renovation and alteration filings in Travis County, placing it in the top quarter of estimated costs. The scheduled build window for the project was 123 days, which is longer than the county median of 98 days. The cost per square foot is close to the county median of $103 per square foot for comparable projects in the area.
Stacey L Brewer is the registered accessibility specialist for this project. The filing was registered with TDLR in March 2026. Plan review was completed in April 2026, and construction was scheduled to begin in May 2026 with a completion date listed as September 2026. Although this scheduled completion date has passed, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record.
Local Context and Records
The project is situated near several established businesses and landmarks in the area, including Pennybacker Bridge, Loan Ranger Capital, and Farm Credit Bank of Texas. According to U.S. Census American Community Survey estimates for the 78746 ZIP code, the median household income is $183,028 and the median owner-occupied home value is $1,352,500. The area is characterized by a high level of owner-occupied housing among its 11,897 housing units.
City of Austin permit records show 20 permits on file at this street address, issued between May 2024 and July 2026. These include building, mechanical, electrical, and plumbing permits. The most recent permits listed describe the interior alteration of an existing office space including a new demisi. Travis County had an unemployment rate of 3.9 percent in July 2026. The project status remains at Review Complete with TDLR, pending final inspection documentation.
Review Complete
Design review complete, construction may proceed
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Blue Sage Capital and Spec Suite TI is a Renovation/Alteration project located at 5000 PLAZA ON THE LAKE SUITE 260 & SUITE 265, Austin, TX 78746 in Austin, Texas. The project has an estimated value of $850K covering 8,552 sq ft. OP III Plaza on the Lake LTD is the property owner. The project was registered with TDLR on March 24, 2026.
Frequently Asked Questions
What is the estimated cost of the Blue Sage Capital renovation?
The estimated cost for this interior renovation and demising project is $850,000. This figure is above the Travis County median for similar renovation filings, placing it in the top quarter of estimated costs for this type of work.
When was the construction scheduled to be completed?
Construction was scheduled to finish in September 2026. However, TDLR has not yet recorded a final inspection, so the actual completion status of the site is not confirmed in the public record.
Who is the owner of the property at 5000 Plaza on the Lake?
The owner of record for this project is OP III Plaza on the Lake LTD. The facility name on the filing is Plaza on the Lake, located in the Hermosa Office Park area of Austin.
Is the business open for operations?
The public record only confirms construction and permit activity. TDLR has not yet recorded a final inspection, so there is no official confirmation in the provided facts that the business is operating.
What is the square footage of the renovated suite?
The project involves the interior remodel and demising of an existing suite totaling 8,552 sq ft. The cost per square foot for this renovation is calculated at $99, which is close to the county median for similar projects.
What is Blue Sage Capital and Spec Suite TI?
Blue Sage Capital and Spec Suite TI is a renovation/alteration project at 5000 PLAZA ON THE LAKE SUITE 260 & SUITE 265 in Austin, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: INTERIOR REMODEL AND DEMISING OF EXISTING SUITE
Is Blue Sage Capital and Spec Suite TI open in Austin?
Blue Sage Capital and Spec Suite TI was scheduled to finish construction in Sep 2026 according to its TDLR registration, but TDLR has not recorded a final accessibility inspection, so its opening status is not confirmed in the public record.
Where is Blue Sage Capital and Spec Suite TI located?
Blue Sage Capital and Spec Suite TI is located at 5000 PLAZA ON THE LAKE SUITE 260 & SUITE 265, Austin, TX, 78746, in Travis County.
Who is the owner or developer of Blue Sage Capital and Spec Suite TI?
OP III Plaza on the Lake LTD is the property owner/developer of record for Blue Sage Capital and Spec Suite TI, per its TDLR project registration.
How much does Blue Sage Capital and Spec Suite TI cost and how big is it?
Blue Sage Capital and Spec Suite TI has an estimated construction value of $850K and approximately 8,552 square feet (about $99/sqft), based on its TDLR filing.
Scope of Work
INTERIOR REMODEL AND DEMISING OF EXISTING SUITE
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 PLAZA ON THE LAKE SUITE 260 & SUITE 265, Austin, TX, 78746
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Related City Permits
Building permits found at or near this location
Construct new driveway approach of 17 FT and sidewalk of 28 LF
BASE: Installing a backup battery system and additional meter socket.
homebuilder loop ref. 2026-129194 BP
Minor Interior Alteration of a Mercantile Store. No change of use occupancy or area. no structural work. existing partitions. minor mechanical electrical and plumbing work. minor storefront work. minor modification to the storefront consisting of painting the existing exterior walls. no landscape or parking work is proposed.
Electrical for EV charger in garage.
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