Oakwood Medical Suite 301 Renovation

The Oakwood Medical Building in Round Rock is undergoing a significant renovation and alteration project at 511 Oakwood Blvd. Suite 301. This specific filing, registered with TDLR in September 2026, covers the Oakwood Medical Suite 301 Renovation and includes common corridor improvements. The work is targeted for December 2026, with plan review pending. The project encompasses 3,700 sq ft of construction activity, reflecting a focused update to the existing medical suite infrastructure.

Project Scope and Financials

Laramar Oakwood MOB Investments Associates, LLC is the owner of record for this privately funded initiative on private land. The estimated cost for the renovation stands at $1,000,000, which calculates to $270 per square foot. This figure is above the county median of $95 per square foot for similar renovation filings in Williamson County. The financial scale places this project in the top quarter of estimated costs for its type in the region, indicating a substantial investment in facility modernization and accessibility compliance.

Marmon Mok Architecture serves as the design firm of record, overseeing the technical aspects of the suite renovations and corridor updates. David C Deming is the registered accessibility specialist associated with the filing. The scheduled build window is 92 days, which is close to the county median of 92 days for comparable renovation projects. This timeline suggests a standard operational pace for a project of this size and complexity within the local construction market.

This geographic detail is relevant for understanding the site’s environmental context, though it does not impact the immediate construction scope. The project is one of several associated with this owner and design firm, contributing to a broader pattern of healthcare and commercial development in the area. The registration status confirms that the project is actively tracked by state authorities for compliance and completion monitoring.

Round Rock’s ZIP code 78209 has a population of about 43,363 and a median household income of $84,180, according to U.S. Census ACS 2023 five-year estimates. The area features a median owner-occupied home value of $497,500 and an even mix of owner- and renter-occupied housing units. These demographic figures provide context for the local market in which this medical facility renovation is taking place, highlighting the community's economic profile and housing characteristics.

Local Market Context

Williamson County’s unemployment rate was 4.1 percent in July 2026, higher than a year earlier, according to FRED data. This labor market condition may influence the availability of skilled construction workers and the overall pace of project execution. The Oakwood Medical Building renovation is part of a larger ecosystem of TDLR-registered projects in the county, with 706 filings recorded in the last 24 months. This project’s specific focus on suite 301 and corridor improvements aligns with common practices in medical facility upgrades aimed at enhancing patient flow and operational efficiency.