Funding type
This project is privately funded, on private land for private use.
Retail Shell Development in Oak Point, TX
Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION), Oak Point, TX, 75068
Retail Shell Development is a new construction project at Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION), Oak Point, in Denton 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 $1.2M across about 11,050 sq ft.
- Estimated project value
- $1.2M
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
- 11,050 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $109/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
- 10 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.
33 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.
46 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.
302 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Retail Shell Development
Retail Shell Development is a new construction project for a single-story retail building located at the intersection of FM 720 and Lloyds Road in Oak Point, Texas. The project, registered with the Texas Department of Licensing and Regulation (TDLR), covers 11,050 square feet and is owned by Pelican Oak Point LLC. The estimated cost is $1,200,000, equating to $109 per square foot.
Project Scope and Timeline
The filing describes the scope as a single-story 11,050 sf shell retail building. Construction is scheduled to start in October 2026 and is scheduled to finish in July 2027. TDLR completed plan review in August 2026. Jeffrey A Gutknecht is the registered accessibility specialist. Rashmi C Inc. is the design firm of record, which has six other TDLR-registered projects totaling $7,100,000 in other Texas locations.
The project is privately funded on private land for private use. The estimated build window is 302 days, which is longer than the county median of 219 days for similar new construction filings. The cost per square foot is close to the county median of $121, while the total estimated cost is above the county median of $900,000. This project is one of 907 registered in the last 24 months in Denton County.
Local Context
According to U.S. Census Bureau ACS 2023 five-year estimates for ZIP code 75068, the population is about 70,562. The median household income is $126,341, and there are 23,499 housing units. The median owner-occupied home value is $386,300, with housing predominantly owner-occupied. The Denton County unemployment rate was 4.3 percent in July 2026, higher than a year earlier.
The project status is Review Complete. The specific address is Lot 1, Block A, Yellow Door Addition, adjacent to FM 720 and Lloyds Road. The owner of record is Pelican Oak Point LLC. The design firm, Rashmi C Inc., has experience with similar shell retail developments in Anna, Roanoke, Melissa, Lewisville, and Burleson.
Review Complete
Design review complete, construction may proceed
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Retail Shell Development is a New Construction project located at Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION), Oak Point, TX 75068 in Oak Point, Texas. The project has an estimated value of $1.2M covering 11,050 sq ft. Pelican Oak Point LLC is the property owner and Rashmi C Inc. is the design firm of record. The project was registered with TDLR on July 14, 2026.
Frequently Asked Questions
Is the retail shell open for business?
No, the project is in the construction phase. The TDLR record shows construction is scheduled to finish in July 2027. The business is not yet open.
Who is the developer of the Oak Point retail shell?
The owner and developer of record is Pelican Oak Point LLC. The project is privately funded on private land.
When is construction expected to be completed?
Construction is scheduled to start in October 2026 and is scheduled to finish in July 2027. TDLR plan review was completed in August 2026.
What is the square footage of the building?
The single-story retail shell is 11,050 square feet. The estimated cost is $1,200,000, or $109 per square foot.
What is Retail Shell Development?
Retail Shell Development is a new construction project at Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION) in Oak Point, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Single story 11,050 sf shell retailbuilding
Is Retail Shell Development open in Oak Point?
Retail Shell Development is still under construction in Oak Point, TX, with an estimated completion of Jul 2027 according to its TDLR registration.
Where is Retail Shell Development located?
Retail Shell Development is located at Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION), Oak Point, TX, 75068, in Denton County.
Who is the owner or developer of Retail Shell Development?
Pelican Oak Point LLC is the property owner/developer of record for Retail Shell Development, per its TDLR project registration.
Who is the architect or design firm for Retail Shell Development?
Rashmi C Inc. is the design firm of record for Retail Shell Development, according to its TDLR filing.
How much does Retail Shell Development cost and how big is it?
Retail Shell Development has an estimated construction value of $1.2M and approximately 11,050 square feet (about $109/sqft), based on its TDLR filing.
Scope of Work
Single story 11,050 sf shell retailbuilding
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
Adj. FM 720 & LLOYDS RD (LOT 1, BLOCK A, YELLOW DOOR ADDITION), Oak Point, TX, 75068
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