Bam Labs

A new 3,025 sq ft space at 1402 W. Gray St in Houston is undergoing a lease build out under the project name Bam Labs. The work is classified as new construction and is privately funded on private land for private use. The estimated cost for this fit-out is $400,000, which computes to $132 per square foot. This project is registered with the Texas Department of Licensing and Regulation (TDLR) and is targeted for June 2027.

The owner of record is 1500 Waugh Realty LTD. The registered accessibility specialist for the project is Sasha G Mote. Construction is scheduled to begin in November 2026, following a registration date of August 2026. The filing indicates that plan review is pending. The total scheduled build window is 211 days, a duration close to the Harris County median of 219 days for similar new construction filings.

Project Scope and Location

The site is located in Harris County, within ZIP code 77019. The surrounding area, based on U.S. Census ACS 2023 five-year estimates, has a population of about 23,662 and a median household income of $108,353. The housing stock in this ZIP code is mostly renter-occupied, with a median owner-occupied home value of $724,900.

The estimated cost of $400,000 is below the Harris County median of $750,000 for new construction projects. However, the cost per square foot of $132 is above the county median of $88 per square foot. The size of 3,025 sq ft is below the county median of 9,000 sq ft. 1500 Waugh Realty LTD has one other TDLR-registered project totaling $2,000,000, located at 1500 Waugh Drive in Houston, where review is complete.

Construction Status

The project status is Project Registered. The filing confirms the work is a lease build out. No further details on specific interior finishes or tenant branding beyond the project name Bam Labs are provided in the record. The construction timeline is fixed by the filing dates, with a start in November 2026 and a completion target in June 2027.