Wellby Financial BTS Office Building

Wellby Financial is constructing a five-story tilt-wall headquarters at 19130 Gulfbrook Drive in Friendswood, Texas. The project, filed with the Texas Department of Licensing and Regulation (TDLR) as the Wellby Financial BTS Office Building, consists of a new construction scope that includes tenant build-out and associated site work. The building is designed to encompass 102,246 square feet of space, which is significantly larger than the Harris County median of 9,000 square feet for new construction filings.

The estimated cost of this project is $42,533,000, calculating to $416 per square foot. This cost per square foot is above the Harris County median of $88 per square foot. The total project cost is also above the county median of $750,000, placing it in the top quarter of new construction filings in the county. The scheduled build window is 760 days, which is longer than the county median of 219 days for similar projects.

Powers Brown Architecture is the design firm of record for the project. The registered accessibility specialist is Ernest G Taylor. The project is privately funded on private land for private use. Wellby Financial has one other TDLR-registered project in Friendswood, a parking garage valued at $9,930,000, which has completed review.

The project was registered with TDLR in August 2026. Plan review is pending, and completion is targeted for October 2028. The construction start date per the filing is October 2026. Powers Brown Architecture has six other TDLR-registered projects totaling $75,816,069, including locations in Baytown, Denton, Houston, and Magnolia. The area profile for ZIP code 77546 indicates a population of about 54,082 and a median household income of $121,914. The Harris County unemployment rate was 5.2 percent in July 2026.