Funding type
This project is privately funded, on private land for private use.
3rd Wave Climbing Gym in Austin, TX
504 Industrial Blvd., Austin, TX, 78745
3rd Wave Climbing Gym is a renovation/alteration project at 504 Industrial Blvd., Austin, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion May 2027. The project has an estimated value of $2.3M across about 20,000 sq ft.
- Estimated project value
- $2.3M
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
- 20,000 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $115/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
- 7 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.
19 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.
211 days after the preceding date shown.
Source: TDLR filing
View source record
📰About 3rd Wave Climbing Gym
Prospect Capital Holdings LLC is renovating a 20,000-square-foot warehouse at 504 Industrial Blvd. in Austin into 3rd Wave Climbing Gym. The project involves a change of occupancy to create an indoor climbing facility with fitness areas, co-working space, and accessory retail sales. The estimated cost is $2,300,000, which translates to $115 per square foot. Construction is scheduled to finish in May 2027, with work starting in November 2026.
Project Scope and Design
The renovation transforms the existing warehouse structure into a multi-use recreational and commercial space. The scope includes dedicated climbing areas, general fitness zones, and co-working spaces for residents or professionals. Accessory retail sales are also part of the plan. Shelton Architecture, LLC, is the design firm of record for this project. The registered accessibility specialist is Kathy Ann Riley. The project is privately funded on private land for private use.
TDLR completed plan review in October 2026. The filing indicates the project was registered in September 2026. The status is Review Complete. The scheduled build window is 211 days, which is longer than the county median of 98 days for similar renovation filings in Travis County. The estimated cost is above the county median of $297,008 for renovation/alteration projects. The cost per square foot is close to the county median of $103.
Location Context
The project is located in Travis County, Austin, TX 78745. Census estimates for this ZIP code show a population of about 61,122 people and 31,246 housing units. The median household income is $84,529, and the median owner-occupied home value is $459,100. Housing in this area is an even mix of owner- and renter-occupied units. The Travis County unemployment rate was 3.9 percent in July 2026. This project is one of 2,254 renovation filings registered in Travis County in the last 24 months. Shelton Architecture, LLC, has one other TDLR-registered project in Lakeway, which has closed. This project is distinct from that prior filing.
Review Complete
Design review complete, construction may proceed
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3rd Wave Climbing Gym is a Renovation/Alteration project located at 504 Industrial Blvd., Austin, TX 78745 in Austin, Texas. The project has an estimated value of $2.3M covering 20,000 sq ft. PROSPECT CAPITAL HOLDINGS LLC is the property owner and Shelton Architecture, llc is the design firm of record. The project was registered with TDLR on September 10, 2026.
Frequently Asked Questions
When is construction scheduled to finish?
The project is scheduled to finish in May 2027. Construction is set to start in November 2026, following the completion of plan review in October 2026.
What is the estimated cost of the renovation?
The estimated cost is $2,300,000. This equals $115 per square foot for the 20,000-square-foot facility. The cost is above the median for similar projects in Travis County.
Who is the owner and design firm?
Prospect Capital Holdings LLC is the owner of record. Shelton Architecture, LLC, is the design firm. Kathy Ann Riley is the registered accessibility specialist for the project.
Is the business open?
The record only tracks construction status. It does not confirm if the business is open. The project is scheduled to finish in May 2027, indicating construction is ongoing or upcoming.
What is the scope of the work?
The work includes renovating the warehouse into a climbing gym with fitness areas, co-working space, and retail. It is a change of occupancy for an existing building.
What is 3rd Wave Climbing Gym?
3rd Wave Climbing Gym is a renovation/alteration project at 504 Industrial Blvd. in Austin, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: THE PROJECT CONSISTS OF THE RENOVATION AND CHANGE OF OCCUPANCY OF AN EXISTING WAREHOUSE BUILDING INTO AN INDOOR CLIMBING GYM FACILITY, INCLUDING CLIMBING AREAS, FITNESS AREAS, CO-WORKING SPACE, ACCESSORY RETAIL SALES.
Is 3rd Wave Climbing Gym open in Austin?
3rd Wave Climbing Gym is still under construction in Austin, TX, with an estimated completion of May 2027 according to its TDLR registration.
Where is 3rd Wave Climbing Gym located?
3rd Wave Climbing Gym is located at 504 Industrial Blvd., Austin, TX, 78745, in Travis County.
Who is the owner or developer of 3rd Wave Climbing Gym?
PROSPECT CAPITAL HOLDINGS LLC is the property owner/developer of record for 3rd Wave Climbing Gym, per its TDLR project registration.
Who is the architect or design firm for 3rd Wave Climbing Gym?
Shelton Architecture, llc is the design firm of record for 3rd Wave Climbing Gym, according to its TDLR filing.
How much does 3rd Wave Climbing Gym cost and how big is it?
3rd Wave Climbing Gym has an estimated construction value of $2.3M and approximately 20,000 square feet (about $115/sqft), based on its TDLR filing.
Scope of Work
THE PROJECT CONSISTS OF THE RENOVATION AND CHANGE OF OCCUPANCY OF AN EXISTING WAREHOUSE BUILDING INTO AN INDOOR CLIMBING GYM FACILITY, INCLUDING CLIMBING AREAS, FITNESS AREAS, CO-WORKING SPACE, ACCESSORY RETAIL SALES.
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
504 Industrial Blvd., Austin, TX, 78745
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