Richardson TX Office - Level 3

The Richardson TX Office - Level 3 project involves a limited interior renovation at 1500 N. Greenville Ave. in Richardson. This work covers 11,729 sq ft of space within the Collins Crossing facility in Dallas County. The filing identifies the scope as a renovation and alteration, with Jeffery L Kelley serving as the registered accessibility specialist for the project.

The estimated cost for this specific level is $400,000. This figure places the project above the median estimated cost for renovation and alteration filings in Dallas County, which stands at $249,000. However, the cost per square foot is $34, which is below the county median of $72 per square foot for similar projects. The scheduled build window is 81 days, a duration close to the county median of 92 days for comparable work.

GCP III Collins Crossing, LLC is the owner and developer of record. The firm has three other TDLR-registered projects in Richardson, all associated with the Collins Crossing property. These other filings total $14,790,000 and have completed their review processes. Stantec Architecture Inc. serves as the design firm for this level. The firm has six other registered projects across Texas, including large-scale facilities in Fort Worth and Dallas, with a combined value of $130,550,629.

The project is privately funded on private land for private use. It was registered with TDLR in September 2026, and construction start is also recorded for September 2026. Plan review is pending, and the completion date on the filing is targeted for December 2026. The TDLR status remains Project Registered, indicating that the administrative and construction phases are proceeding according to the filed schedule.

Richardson, located in Dallas County, has a population of about 36,065 according to U.S. Census ACS 2023 five-year estimates for ZIP 75081. The median household income in the area is $90,953, and the median owner-occupied home value is $340,600. The housing stock is an even mix of owner- and renter-occupied units. The Dallas County unemployment rate was 3.3 percent in July 2026, a figure higher than a year earlier. These local economic indicators provide context for the private investment in office space renovation in this part of the Richardson market.