Funding type
This project is privately funded, on private land for private use.
Five Below - W. in Prosper, TX
4900 W University Drive NWC Highway 380 & Gee Rd, Prosper, TX, 75078
Five Below - W. is a renovation/alteration project at 4900 W University Drive NWC Highway 380 & Gee Rd, Prosper, in Collin County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion May 2027. The project has an estimated value of $175K across about 8,261 sq ft.
- Estimated project value
- $175K
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
- 8,261 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $21/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.
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.
79 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.
15 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.
273 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Five Below - W.
A tenant buildout for Five Below is underway at 4900 W University Drive, near the intersection of Highway 380 and Gee Road in Prosper. The project involves the renovation and alteration of 8,261 sq ft of space within the Northwest 423/380 Phase III LP property. Construction began in August 2026 and is scheduled to finish in May 2027.
The estimated cost for this work is $175,000, which translates to approximately $21 per square foot. This figure is below the county median of $78 per square foot for similar renovation filings in Collin County. The total project value is also below the median estimated cost of $220,000 for this type of work in the region.
Design and Registration
Sargenti Architects serves as the design firm of record for the project. Steven Schwartz is the registered accessibility specialist. The project was registered with TDLR in May 2026, and plan review was completed in August 2026. The current TDLR status is Review Complete.
Five Below is a national retail chain, and this location represents a new site for the brand in Prosper. The surrounding area, ZIP code 75078, has a population of about 46,857 according to U.S. Census ACS 2023 five-year estimates. The median household income in this ZIP code is $187,634, and the median owner-occupied home value is $650,600. Housing in the area is predominantly owner-occupied, with 14,409 housing units.
This status indicates a lower risk of flooding compared to areas within the mapped floodplain. The project is privately funded and situated on private land for private use.
Sargenti Architects has been involved in six other TDLR-registered projects totaling $2,655,000, including locations in Katy, Houston, Cypress, Tomball, and Dallas. These projects range in cost from $225,000 to $850,000, demonstrating the firm’s experience with various commercial buildouts. The scheduled build window for this Five Below project is 273 days, which is longer than the county median of 92 days for similar renovations.
Review Complete
Design review complete, construction may proceed
Follow this project
Get an email when the status changes — permits pulled, construction started, work finished. Free, and nothing else.
Or watch all projects in 75078 (Prosper)
One email per change. Unsubscribe in one click. Privacy.
Five Below - W. is a Renovation/Alteration project located at 4900 W University Drive NWC Highway 380 & Gee Rd, Prosper, TX 75078 in Prosper, Texas. The project has an estimated value of $175K covering 8,261 sq ft. Northwest 423/380 Phase III LP is the property owner and Sargenti Architects is the design firm of record. The project was registered with TDLR on May 19, 2026.
Frequently Asked Questions
Is the Five Below store in Prosper open?
The TDLR record indicates construction is ongoing and scheduled to finish in May 2027. The filing does not state that the business is open or operating.
Where is the Five Below construction site located?
The site is at 4900 W University Drive, near the intersection of Highway 380 and Gee Road in Prosper, TX 75078.
Who is the design firm for this project?
Sargenti Architects is the design firm of record for the Five Below tenant buildout.
What is Five Below - W.?
Five Below - W. is a renovation/alteration project at 4900 W University Drive NWC Highway 380 & Gee Rd in Prosper, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Tenant Buildout
Is Five Below - W. open in Prosper?
Five Below - W. is still under construction in Prosper, TX, with an estimated completion of May 2027 according to its TDLR registration.
Where is Five Below - W. located?
Five Below - W. is located at 4900 W University Drive NWC Highway 380 & Gee Rd, Prosper, TX, 75078, in Collin County.
Who is the owner or developer of Five Below - W.?
Northwest 423/380 Phase III LP is the property owner/developer of record for Five Below - W., per its TDLR project registration.
Who is the architect or design firm for Five Below - W.?
Sargenti Architects is the design firm of record for Five Below - W., according to its TDLR filing.
How much does Five Below - W. cost and how big is it?
Five Below - W. has an estimated construction value of $175K and approximately 8,261 square feet (about $21/sqft), based on its TDLR filing.
Scope of Work
Tenant Buildout
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
4900 W University Drive NWC Highway 380 & Gee Rd, Prosper, TX, 75078
Explore the supplied address
A precise map point has not been loaded. Choose to look up the address, or open it in Google Maps using the link below.
Related Projects
Watch all construction in 75078 (Prosper)
A short email when anything new is filed in this ZIP. One ZIP free, weekly.
Unsubscribe in one click. Privacy.
Keep exploring
What else is changing in Prosper?
See the surrounding filings, compare the reported schedules, and follow the places that matter to you.