Funding type
This project is privately funded, on private land for private use.
FORM75 @ The Gateway Building 3 in Mckinney, TX
5008 N Central Expressway, Mckinney, TX, 75454
FORM75 @ The Gateway Building 3 is a new construction project at 5008 N Central Expressway, Mckinney, in Collin County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jul 2027. The project has an estimated value of $10.8M across about 127,920 sq ft.
- Estimated project value
- $10.8M
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
- 127,920 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $84/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
- 1y 2mo
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 recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
45 days after the preceding date shown.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
19 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.
405 days after the preceding date shown.
Source: TDLR filing
View source record
📰About FORM75 @ The Gateway Building 3
Formation Acquisitions, LLC is building a 127,920 sq ft cold dark shell structure at 5008 N Central Expressway in Mckinney. The project, identified as FORM75 @ The Gateway Building 3, is a ground-up construction effort with an estimated cost of $10,800,000. TDLR completed plan review in June 2026 and construction is scheduled to finish in July 2027, with work starting June 2026.
Goree Architects serves as the design firm of record for this facility. The scope of work includes the full construction of the building and associated site improvements. The estimated cost of $10,800,000 places this project above the county median for new construction, which stands at $800,000. The projected build window of 424 days is longer than the county median of 212 days. However, the estimated cost per square foot of $84 is below the county median of $120.
Regional Context and Ownership
Formation Acquisitions, LLC has two other TDLR-registered projects in Mckinney. These include FORM75 @ The Gateway Building 1, valued at $18,000,000, and FORM75 @ The Gateway Building 2, valued at $100,880. Both of these related projects have completed their review phases. Goree Architects has six other registered projects totaling $17,015,843 across various Texas locations, including San Antonio, Houston, and Rosenberg. A third-party source, bldup.com, listed this specific project in the context of McKinney National Airport expansion efforts.
The site is situated in ZIP code 75454, an area with a population of approximately 20,137 according to U.S. Census ACS 2023 estimates. The median household income in this area is $135,556, and the median owner-occupied home value is $421,700. Housing in this region is predominantly owner-occupied. The Collin County unemployment rate was 4.6 percent in July 2026, which is higher than a year earlier.
The project is registered with TDLR under the name FORM75 @ The Gateway Building 3. The registered accessibility specialist is Ernest G Taylor. The filing indicates the project is privately funded on private land for private use. The status is listed as Review Complete, confirming that the plan review phase concluded in June 2026.
Review Complete
Design review complete, construction may proceed
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FORM75 @ The Gateway Building 3 is a New Construction project located at 5008 N Central Expressway, Mckinney, TX 75454 in Mckinney, Texas. The project has an estimated value of $10.8M covering 127,920 sq ft. Formation Acquisitions, LLC is the property owner and Goree Architects is the design firm of record. The project was registered with TDLR on April 17, 2026.
Frequently Asked Questions
What is the primary scope of work for this project?
The filing specifies the ground-up construction of a 127,920 sq ft cold dark shell building and associated site improvements.
Who is the owner and design firm?
Formation Acquisitions, LLC is the owner of record, and Goree Architects is the design firm of record for the project.
Is the business open for operations?
The TDLR record tracks construction status, not business operations. The filing indicates construction is scheduled to finish in July 2027, but does not confirm an opening date.
How does the cost compare to other projects in Collin County?
The estimated cost of $10,800,000 is above the county median of $800,000 for new construction filings.
What is FORM75 @ The Gateway Building 3?
FORM75 @ The Gateway Building 3 is a new construction project at 5008 N Central Expressway in Mckinney, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Ground up construction of 127,920 SF cold dark shell building and associated site improvements.
Is FORM75 @ The Gateway Building 3 open in Mckinney?
FORM75 @ The Gateway Building 3 is still under construction in Mckinney, TX, with an estimated completion of Jul 2027 according to its TDLR registration.
Where is FORM75 @ The Gateway Building 3 located?
FORM75 @ The Gateway Building 3 is located at 5008 N Central Expressway, Mckinney, TX, 75454, in Collin County.
Who is the owner or developer of FORM75 @ The Gateway Building 3?
Formation Acquisitions, LLC is the property owner/developer of record for FORM75 @ The Gateway Building 3, per its TDLR project registration.
Who is the architect or design firm for FORM75 @ The Gateway Building 3?
Goree Architects is the design firm of record for FORM75 @ The Gateway Building 3, according to its TDLR filing.
How much does FORM75 @ The Gateway Building 3 cost and how big is it?
FORM75 @ The Gateway Building 3 has an estimated construction value of $10.8M and approximately 127,920 square feet (about $84/sqft), based on its TDLR filing.
Scope of Work
Ground up construction of 127,920 SF cold dark shell building and associated site improvements.
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
5008 N Central Expressway, Mckinney, TX, 75454
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