Funding type
This project is privately funded, on private land for private use.
Fifth Third Bank - Lucas, TX - New Build
8405 E Parker Rd., Lucas, TX, 75098
Fifth Third Bank - Lucas, TX - New Build is a new construction project at 8405 E Parker Rd., Lucas, in Collin County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Oct 2027. The project has an estimated value of $3.8M across about 2,400 sq ft.
- Estimated project value
- $3.8M
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
- 2,400 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $1.56K/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.
28 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.
148 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.
279 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Fifth Third Bank - Lucas, TX - New Build
Fifth Third Bank is constructing a new single-story, freestanding branch at 8405 E Parker Rd. in Lucas, Texas. The project is a new build on private land in Collin County, with an estimated cost of $3,750,000. The structure will measure 2,400 square feet, resulting in a cost of $1,562 per square foot. This development is privately funded and designated for private use.
Design and Construction Scope
The building will feature a structural steel frame and include drive-through banking service. An enclosed trash facility is also part of the development scope. The owner of record is Lucas Retail Partners Ltd. The design firm of record is ms consultants, inc. David C Deming is the registered accessibility specialist listed on the filing. The project was registered with TDLR in July 2026.
TDLR completed plan review in August 2026. Construction is scheduled to start in January 2027 and is scheduled to finish in October 2027. The TDLR status is Review Complete. The scheduled build window is 279 days, which is longer than the county median of 212 days for similar new construction filings.
Local Context and Comparisons
The estimated cost of $3,750,000 is above the county median of $800,000 for new construction projects in Collin County. The $1,562 per square foot cost is also above the county median of $120 per square foot. The design firm, ms consultants, inc, has six other TDLR-registered projects totaling $3,226,000, including locations for Tim Hortons and Walmart in various Texas cities. The project is situated in ZIP code 75098, which has a population of about 67,513 people according to U.S. Census ACS 2023 five-year estimates.
The median household income in this area is $115,587, and the median owner-occupied home value is $362,900. There are approximately 22,080 housing units in the ZIP code, with housing predominantly owner-occupied. The Collin County unemployment rate was 4.6 percent in July 2026, which is higher than a year earlier. These economic indicators provide context for the private investment in a new banking facility in the Lucas area.
Review Complete
Design review complete, construction may proceed
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Fifth Third Bank - Lucas, TX - New Build is a New Construction project located at 8405 E Parker Rd., Lucas, TX 75098 in Lucas, Texas. The project has an estimated value of $3.8M covering 2,400 sq ft. Lucas Retail Partners Ltd is the property owner and ms consultants, inc is the design firm of record. The project was registered with TDLR on July 9, 2026.
Frequently Asked Questions
Is the Fifth Third Bank in Lucas open?
The TDLR record indicates construction is scheduled to finish in October 2027. The filing does not contain information regarding a specific business opening date or current operating status.
Who is building the new Fifth Third Bank branch?
Lucas Retail Partners Ltd is the owner of record. The design firm is ms consultants, inc. David C Deming is the registered accessibility specialist. The project is privately funded.
What is the size and cost of the project?
The building is 2,400 square feet. The estimated cost is $3,750,000. This equates to $1,562 per square foot, which is above the Collin County median for new construction.
When does construction start and end?
Construction is scheduled to start in January 2027. The project is scheduled to finish in October 2027. TDLR completed plan review in August 2026.
What is Fifth Third Bank - Lucas, TX - New Build?
Fifth Third Bank - Lucas, TX - New Build is a new construction project at 8405 E Parker Rd. in Lucas, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Construction of a new single-story, freestanding 2400 SF Fifth Third Bank with a structural steel frame measuring. The development includes drive-through banking service and enclosed trash facility
Is Fifth Third Bank - Lucas, TX - New Build open in Lucas?
Fifth Third Bank - Lucas, TX - New Build is still under construction in Lucas, TX, with an estimated completion of Oct 2027 according to its TDLR registration.
Where is Fifth Third Bank - Lucas, TX - New Build located?
Fifth Third Bank - Lucas, TX - New Build is located at 8405 E Parker Rd., Lucas, TX, 75098, in Collin County.
Who is the owner or developer of Fifth Third Bank - Lucas, TX - New Build?
Lucas Retail Partners Ltd is the property owner/developer of record for Fifth Third Bank - Lucas, TX - New Build, per its TDLR project registration.
Who is the architect or design firm for Fifth Third Bank - Lucas, TX - New Build?
ms consultants, inc is the design firm of record for Fifth Third Bank - Lucas, TX - New Build, according to its TDLR filing.
How much does Fifth Third Bank - Lucas, TX - New Build cost and how big is it?
Fifth Third Bank - Lucas, TX - New Build has an estimated construction value of $3.8M and approximately 2,400 square feet (about $1.56K/sqft), based on its TDLR filing.
Scope of Work
Construction of a new single-story, freestanding 2400 SF Fifth Third Bank with a structural steel frame measuring. The development includes drive-through banking service and enclosed trash facility
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
8405 E Parker Rd., Lucas, TX, 75098
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