Funding type
This project is privately funded, on private land for private use.
Buona Beef - Rainbow Cone in Prosper, TX
5770 W UNIVERSITY DRIVE, Prosper, TX, 75078
Buona Beef - Rainbow Cone is a new construction project at 5770 W UNIVERSITY DRIVE, Prosper, in Denton County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jan 2027. The project has an estimated value of $1.3M across about 4,800 sq ft.
- Estimated project value
- $1.3M
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
- 4,800 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $260/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.
3 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
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.
38 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.
272 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Buona Beef - Rainbow Cone
Buona Beef Rainbow Cone is a new 4,800-square-foot quick-service restaurant under construction at 5770 W University Drive in Prosper, Texas. The project, filed with the Texas Department of Licensing and Regulation as Buona Beef - Rainbow Cone, combines two distinct Chicago-based food brands into a single new building in Denton County. The estimated cost for the build is $1,250,000, which calculates to $260 per square foot.
The scope of work covers full new construction on private land. This includes sitework such as grading, landscaping, lighting, and pavement installation. The construction team is also responsible for new foundations, soil abatement, and the installation of mechanical, electrical, and plumbing systems throughout the structure. The project is privately funded by RoundRock520, LLC, and is situated in ZIP code 75078, an area with a median household income of $187,634 according to U.S. Census estimates.
Construction Status and Timeline
The project was registered with TDLR in March 2026, and plan review is pending. Construction is scheduled to begin in May 2026, with the completion date targeted for January 2027. This creates a scheduled build window of 272 days. For context, the median scheduled build window for similar new construction filings in Denton County is 219 days, making this project's timeline close to the county median.
The estimated cost of $1,250,000 is above the county median of $900,000 for new construction projects of this type. Additionally, the cost per square foot of $260 is above the county median of $121. Blair Baker is the registered accessibility specialist associated with this filing.
Local coverage, including a Facebook post by ComingSoonTexas, has noted the partnership between the two brands as they expand their presence in the region. The site is near existing businesses such as Safari Doodles and Vidya's Yummy Cakes LLC. The project status remains registered, with no indication of operational status in the TDLR record.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
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Buona Beef - Rainbow Cone is a New Construction project located at 5770 W UNIVERSITY DRIVE, Prosper, TX 75078 in Prosper, Texas. The project has an estimated value of $1.3M covering 4,800 sq ft. RoundRock520, LLC is the property owner. The project was registered with TDLR on March 27, 2026.
Frequently Asked Questions
Is the Buona Beef Rainbow Cone in Prosper open?
The TDLR record shows the project is under construction with completion targeted for January 2027. A Facebook post by ComingSoonTexas reported the partnership and intent to open, but the regulatory filing does not confirm current operational status.
Where is the new restaurant located?
The construction site is at 5770 W University Drive in Prosper, Texas, within Denton County. The address is in ZIP code 75078, which has a median household income of $187,634.
How much does the project cost?
The estimated cost is $1,250,000. This figure is above the Denton County median of $900,000 for similar new construction filings. The cost per square foot is $260, which is also above the county median.
Who is the developer of record?
The owner and developer of record listed in the TDLR filing is RoundRock520, LLC. The project is privately funded and located on private land for private use.
When is the construction expected to finish?
Construction is scheduled to start in May 2026. The completion date is targeted for January 2027, resulting in a build window of 272 days.
What is Buona Beef - Rainbow Cone?
Buona Beef - Rainbow Cone is a new construction project at 5770 W UNIVERSITY DRIVE in Prosper, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New construction of a Buona Beef - Rainbow Cone quick-service restaurant franchise. Scope includes new sitework including grading, landscaping, lighting, and pavement. New foundations and soil abatement, and new MEP systems throughout.
Is Buona Beef - Rainbow Cone open in Prosper?
Buona Beef - Rainbow Cone is still under construction in Prosper, TX, with an estimated completion of Jan 2027 according to its TDLR registration.
Where is Buona Beef - Rainbow Cone located?
Buona Beef - Rainbow Cone is located at 5770 W UNIVERSITY DRIVE, Prosper, TX, 75078, in Denton County.
Who is the owner or developer of Buona Beef - Rainbow Cone?
RoundRock520, LLC is the property owner/developer of record for Buona Beef - Rainbow Cone, per its TDLR project registration.
How much does Buona Beef - Rainbow Cone cost and how big is it?
Buona Beef - Rainbow Cone has an estimated construction value of $1.3M and approximately 4,800 square feet (about $260/sqft), based on its TDLR filing.
Scope of Work
New construction of a Buona Beef - Rainbow Cone quick-service restaurant franchise. Scope includes new sitework including grading, landscaping, lighting, and pavement. New foundations and soil abatement, and new MEP systems throughout.
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
5770 W UNIVERSITY DRIVE, Prosper, TX, 75078
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