Funding type
This project is privately funded, on private land for private use.
25031 - HL Blue Mound Rd & Texan Dr - Building 2 in Ponder, TX
FM 156 (S OF SH 114), Ponder, TX, 75225
25031 - HL Blue Mound Rd & Texan Dr - Building 2 is a new construction project at FM 156 (S OF SH 114), Ponder, in Denton County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Dec 2028. The project has an estimated value of $5.8M across about 58,276 sq ft.
- Estimated project value
- $5.8M
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
- 58,276 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $99/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
- 2y 2mo
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.
33 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.
791 days after the preceding date shown.
Source: TDLR filing
View source record
📰About 25031 - HL Blue Mound Rd & Texan Dr - Building 2
Building 2 is a new 58,276 square foot speculative warehouse planned for the address FM 156, south of SH 114, in Ponder, Texas. The project, filed under the name 25031 - HL Blue Mound Rd & Texan Dr - Building 2, is registered with TDLR and is targeted for December 2028. Construction is scheduled to begin in November 2026, following a registration date of September 2026.
The estimated cost for this new construction is $5,761,886, which translates to $99 per square foot. This per-square-foot cost is below the Denton County median of $121 for similar new construction filings. The total project cost is above the county median of $900,000, placing it in the top quarter of registered projects in the area. The scheduled build window of 791 days is longer than the county median of 219 days.
Ownership and Design
HL Fund III Blue Mound, L.P. is the owner and developer of record for this project. The firm has four other TDLR-registered projects in Ponder, including Building 1, Building 3, Building 4, and Building 5, with a combined value of $39,254,561. RGA Architects Inc. is the design firm of record. This firm has six other registered projects totaling $48,654,561, including four other buildings in Ponder and a project in McKinney.
The project is privately funded on private land for private use. Clinton L Coultas is the registered accessibility specialist for the filing. Plan review is pending, and the project status is listed as Project Registered.
Local Context
Ponder is a small community in Denton County with a population of about 22,383 according to U.S. Census ACS 2023 five-year estimates for ZIP 75225. The median household income in this area is $189,985, and the median owner-occupied home value is $1,489,200. Housing in the area is predominantly owner-occupied. Denton County unemployment was 4.3 percent in July 2026, higher than a year earlier.
Review Complete
Design review complete, construction may proceed
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25031 - HL Blue Mound Rd & Texan Dr - Building 2 is a New Construction project located at FM 156 (S OF SH 114), Ponder, TX 75225 in Ponder, Texas. The project has an estimated value of $5.8M covering 58,276 sq ft. HL Fund III Blue Mound, L.P. is the property owner and RGA Architects Inc. is the design firm of record. The project was registered with TDLR on September 1, 2026.
Frequently Asked Questions
Is Building 2 in Ponder open?
No, the project is in the construction planning phase. The TDLR record shows the project is registered and targeted for December 2028, with construction starting in November 2026.
What is the square footage of Building 2?
The new construction of Building 2 is 58,276 square feet. This is significantly larger than the median size of 8,015 square feet for new construction in Denton County.
Who is the developer of Building 2?
HL Fund III Blue Mound, L.P. is the owner and developer of record. They have four other registered projects in Ponder, including Building 1, Building 3, Building 4, and Building 5.
When is the estimated completion date?
The completion date on the filing is December 2028. The project is targeted for December 2028, with construction scheduled to start in November 2026.
What is 25031 - HL Blue Mound Rd & Texan Dr - Building 2?
25031 - HL Blue Mound Rd & Texan Dr - Building 2 is a new construction project at FM 156 (S OF SH 114) in Ponder, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New construction of a 58,276 square foot speculative warehouse.
Is 25031 - HL Blue Mound Rd & Texan Dr - Building 2 open in Ponder?
25031 - HL Blue Mound Rd & Texan Dr - Building 2 is still under construction in Ponder, TX, with an estimated completion of Dec 2028 according to its TDLR registration.
Where is 25031 - HL Blue Mound Rd & Texan Dr - Building 2 located?
25031 - HL Blue Mound Rd & Texan Dr - Building 2 is located at FM 156 (S OF SH 114), Ponder, TX, 75225, in Denton County.
Who is the owner or developer of 25031 - HL Blue Mound Rd & Texan Dr - Building 2?
HL Fund III Blue Mound, L.P. is the property owner/developer of record for 25031 - HL Blue Mound Rd & Texan Dr - Building 2, per its TDLR project registration.
Who is the architect or design firm for 25031 - HL Blue Mound Rd & Texan Dr - Building 2?
RGA Architects Inc. is the design firm of record for 25031 - HL Blue Mound Rd & Texan Dr - Building 2, according to its TDLR filing.
How much does 25031 - HL Blue Mound Rd & Texan Dr - Building 2 cost and how big is it?
25031 - HL Blue Mound Rd & Texan Dr - Building 2 has an estimated construction value of $5.8M and approximately 58,276 square feet (about $99/sqft), based on its TDLR filing.
Scope of Work
New construction of a 58,276 square foot speculative warehouse.
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
FM 156 (S OF SH 114), Ponder, TX, 75225
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$45.0M totalNearby Projects
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