Funding type
This project is privately funded, on private land for private use.
Wisdom 250k Office
15001 Mercury Drive, Laredo, TX, 78045
Wisdom 250k Office is a renovation/alteration project at 15001 Mercury Drive, Laredo, in Webb County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Feb 2027. The project has an estimated value of $1.5M across about 241,627 sq ft.
- Estimated project value
- $1.5M
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
- 241,627 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $6/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
- 4 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.
3 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
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.
15 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.
126 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Wisdom 250k Office
Wisdom 250k Office is a 241,627 sq ft renovation project located at 15001 Mercury Drive in Laredo, Texas. The filing describes the work as an office buildout within a previously permitted shell structure. This project is registered with TDLR and is targeted for February 2027. The estimated cost for this specific buildout is $1,500,000, which equates to $6 per square foot. This cost per square foot is below the county median of $79 for similar renovation filings in Webb County.
The owner of record is International Fatima Properties Ltd, a private entity developing on private land. Powers Brown Architecture serves as the design firm for this buildout. The project is privately funded and intended for private use. The local labor market in Webb County reported an unemployment rate of 4.8 percent in July 2026. Census estimates for the 78045 ZIP code indicate a population of about 67,185 residents and a median household income of $89,334.
Construction Scope and Timeline
Construction started in October 2026, coinciding with the initial registration date. The scheduled build window is 126 days, which is longer than the 96-day median for comparable projects in the county. The project remains in the planning and review phase, with completion targeted for February 2027. The status is Project Registered, and plan review is pending.
Powers Brown Architecture has registered six other projects with TDLR, with a combined value of $68,149,109. These include developments in Houston, Austin, and Baytown. The Wisdom 250k Office project continues the firm’s portfolio of large-scale commercial renovations. The estimated total value of these other projects is significantly higher than the current Laredo buildout. The project is a one-off renovation in this specific location.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
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Wisdom 250k Office is a Renovation/Alteration project located at 15001 Mercury Drive, Laredo, TX 78045 in Laredo, Texas. The project has an estimated value of $1.5M covering 241,627 sq ft. International Fatima Properties Ltd is the property owner and Powers Brown Architecture is the design firm of record. The project was registered with TDLR on October 2, 2026.
Frequently Asked Questions
What is the address of the Wisdom 250k Office project?
The project is located at 15001 Mercury Drive, Laredo, TX 78045, in Webb County.
Who is the owner of the building?
International Fatima Properties Ltd is the owner of record for this project.
Is the business open to the public?
The record only reflects construction status. It does not indicate if the business is open.
What is Wisdom 250k Office?
Wisdom 250k Office is a renovation/alteration project at 15001 Mercury Drive in Laredo, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Office Buildout in a previously permitted shell
Is Wisdom 250k Office open in Laredo?
Wisdom 250k Office is still under construction in Laredo, TX, with an estimated completion of Feb 2027 according to its TDLR registration.
Where is Wisdom 250k Office located?
Wisdom 250k Office is located at 15001 Mercury Drive, Laredo, TX, 78045, in Webb County.
Who is the owner or developer of Wisdom 250k Office?
International Fatima Properties Ltd is the property owner/developer of record for Wisdom 250k Office, per its TDLR project registration.
Who is the architect or design firm for Wisdom 250k Office?
Powers Brown Architecture is the design firm of record for Wisdom 250k Office, according to its TDLR filing.
How much does Wisdom 250k Office cost and how big is it?
Wisdom 250k Office has an estimated construction value of $1.5M and approximately 241,627 square feet (about $6/sqft), based on its TDLR filing.
Scope of Work
Office Buildout in a previously permitted shell
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
15001 Mercury Drive, Laredo, TX, 78045
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Same Design Firm
$16.8M totalWatch all construction in 78045 (Laredo)
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