Spec Suite 160

Spec Suite 160 is a 10,055 sq ft renovation of an existing suite at 5450 Stratum Dr. in Fort Worth, registered with TDLR in September 2026. The project is targeted for February 2027, with plan review pending. This speculative renovation is privately funded and located in Tarrant County.

Project Scope and Ownership

Kumagai Stratum LLC serves as the owner and developer of record for this alteration. The firm has two other TDLR-registered projects in Fort Worth, including the main Stratum Office Building, indicating a focused investment in this specific commercial corridor. The design is handled by idGroup, a firm with a portfolio of office and commercial renovations across the Dallas-Fort Worth area.

The filing describes the scope as a renovation of an existing suite for speculative purposes. This type of work typically involves updating interior finishes, mechanical systems, and layout configurations to make the space market-ready for future tenants. The estimated cost for the project is $450,000.

Market Context and Local Data

The estimated cost of $450,000 is above the Tarrant County median of $250,000 for similar renovation filings. However, the cost per square foot is $45, which is below the county median of $79. The scheduled build window of 106 days is close to the county median of 92 days for comparable projects.

City of Fort Worth permit records show five permits on file at this street address, issued between June 2026 and September 2026. These include commercial building, electrical, mechanical, and plumbing permits with total declared valuations of $1,127,018. The area profile for ZIP 76137 indicates a median household income of $86,886 and a median owner-occupied home value of $283,100, according to U.S. Census estimates.