New Retail Center in Midland, TX

A new 18,000-square-foot retail center is under construction at 415 W. Scharbauer in Midland, Texas. The project involves a new retail shell development with accessible parking but no interior finish-out. The total estimated cost is $3,000,000, which works out to $167 per square foot. This figure is close to the county median of $169 per square foot for similar new construction filings in Midland County.

Midland Scharbauer Partners LLC is the owner and developer of record for this privately funded project on private land. Cornerstone Design Group serves as the design firm of record. Landy Perkins is the registered accessibility specialist listed on the TDLR filing. The project was registered with TDLR in June 2026, and plan review was completed in August 2026. Construction is scheduled to finish in December 2027, with work starting in July 2026.

Project Scope and Comparison

The scope of work is strictly limited to the new retail shell and handicap accessible parking. The filing explicitly states that there is no interior finish-out included in this registration. This distinction is important for understanding the current stage of development. The estimated cost of $3,000,000 is above the county median of $1,000,000 for new construction projects in Midland County. The scheduled build window of 518 days is longer than the county median of 243 days for similar filings.

Cornerstone Design Group has registered six other projects in the region, totaling $3,190,000. These include the Diamondback Buildings and ProPetro Addition in Midland, both with completed reviews. The firm also designed the Midland Chin Baptist Church and the property at 1550 Laredo Dr. in Odessa. This pattern suggests a consistent presence in local commercial and community development. The current project fits within this portfolio of mid-sized commercial and institutional structures.

Location and Market Context

The site is located in the 79705 ZIP code area of Midland. U.S. Census American Community Survey estimates for this area indicate a population of about 44,516 and a median household income of $105,106. The median owner-occupied home value is $329,300. Housing in this area is predominantly owner-occupied. These demographic figures provide context for the potential customer base and economic environment surrounding the new retail center.

Local media and community posts have noted the planned development at the Scharbauer Drive site. A post by MaybeInMidlandOdessa described the location as being across from Kelview Heights Church. Local coverage reported that the project is part of broader retail growth in Midland. The TDLR status is Review Complete, confirming that the regulatory plan review phase is finished and construction is proceeding according to the filed schedule.