CPY Preston Forest in Dallas, TX

The Market at Preston Forest is a 3,018 sq ft tenant improvement project located at 11930 Preston Rd. Ste 140 in North Dallas. Filed under the name CPY Preston Forest, this renovation is privately funded and owned by Regency Centers LP. The work involves altering the existing space to create a new retail environment, with construction scheduled to finish in October 2026.

The scope of work includes new wall partitions, ceilings, lighting, plumbing fixtures, and various finishes. The project also features display fixtures, updated power location and distributions, and mechanical ductwork for the RTU system. LDA design group, Inc is the design firm of record, while Kathy J Villarreal serves as the registered accessibility specialist. The estimated cost for this alteration is $200,000, which equates to $66 per square foot.

Project Status and Timeline

TDLR completed the plan review in May 2026, and the official status is Review Complete. Construction is set to begin in July 2026. The filing indicates a scheduled build window of 92 days, which aligns closely with the median build window for similar renovation projects in Dallas County. The project was registered with TDLR in March 2026, establishing a clear regulatory path for the upcoming construction phase.

Regency Centers LP has several other TDLR-registered projects across Texas, including locations in The Woodlands, Keller, Austin, and Conroe. These projects range in cost from $250,000 to $2,500,000. This specific project in Dallas is smaller in scale compared to some of the firm's other filings, such as the Lava Island project in The Woodlands. The design firm, LDA design group, Inc, has also worked on projects in Austin, Fort Worth, and The Colony, indicating a consistent presence in the Texas commercial construction market.

The site is situated in a well-established neighborhood in North Dallas. The surrounding area includes various businesses such as Meso Maya Comida y Copas, Emler Swim School, and MoMo's Pasta. According to U.S. Census estimates for the 75230 ZIP code, the median household income is $109,864, and the median owner-occupied home value is $870,000. This demographic profile suggests a market with significant purchasing power, which may be relevant for the type of retail space being created through these tenant improvements.

The project is located in Dallas County, where the unemployment rate was 3.3 percent in July 2026. This economic context, combined with the private funding of the project, reflects a stable local market for commercial renovations. The specific focus on accessibility and tenant improvements ensures that the space will meet current standards for commercial real estate in the region.