Chase Bank

JPMorgan Chase Bank is preparing for new construction at 3607 Gulf Fwy in Texas City, a project registered with TDLR in September 2026. The filing describes the build-out of a 3,455 sq ft bank building on private land. The estimated cost for this development is $2,800,000, with completion targeted for September 2027.

The owner of record is Shoppes at Lago Mar NWC, LLC, which holds the rights to this specific parcel. Architectural Design Collaborative serves as the design firm of record for the structure. John Tyler Johnson is the registered accessibility specialist associated with the project. The construction is scheduled to begin in February 2027, following the initial registration period.

Project Scale and Context

At 3,455 sq ft, this new bank building is smaller than the median size of 8,240 sq ft for new construction projects in Galveston County. The estimated cost of $2,800,000 places the project in the top quarter of costs for similar filings in the county, where the median is $700,000. The cost per square foot is $810, which is significantly above the county median of $116 per sq ft for new construction.

The scheduled build window for this project is 212 days, which is close to the county median of 214 days for similar developments. Architectural Design Collaborative has six other TDLR-registered projects on record, including recent work for Bank of America in Katy and Houston. This Texas City project is part of a broader pattern of bank construction activity in the region, though it is distinct in its specific scope and location.

The area surrounding the project in ZIP code 77568 has a population of about 21,118 people, according to U.S. Census estimates. The median household income in this area is $72,912, and the median owner-occupied home value is $209,300. The housing stock is predominantly owner-occupied, with approximately 8,950 housing units recorded in the five-year estimates.