Evernorth Health Services Tenant Finish-out in Lewisville, TX

Lewisville 121 Business Park Phase II is a new construction project at 1252 Spinks Road, Building 6, in Lewisville, Texas. The filing identifies the specific work as the Evernorth Health Services Tenant Finish-out. The project encompasses 88,972 square feet of space, including general office areas, pharmacy distribution facilities, and warehouse operations. The estimated cost for this development is $30,000,000, which calculates to $337 per square foot.

The project was registered with TDLR in October 2026, and plan review is pending. Construction is scheduled to begin in December 2026, with completion targeted for October 2027. This gives the project a scheduled build window of 333 days. The owner of record is CAL TDC Lewisville 121 Phase 2 LLC, a private entity that also holds a record for a separate $2,000,000 project at the same business park location.

Project Scope and Economics

The scope of work explicitly includes general office space, pharmacy distribution, and warehouse functions. This mix of uses supports the higher cost per square foot compared to typical commercial filings in the region. The $337 per square figure is above the county median of $121 per square foot for new construction projects in Denton County. The total estimated cost of $30,000,000 places this project in the top quarter of costs among similar filings in the county.

BW Design Group is the design firm of record for this project. The registered accessibility specialist is Gary J Jacobs. The project is privately funded on private land for private use. The surrounding area, ZIP code 75067, has a population of approximately 68,451 people and a median household income of $76,630 according to U.S. Census ACS 2023 five-year estimates.

Regional Context and Status

The scheduled build window of 333 days is longer than the county median of 219 days for similar projects. The Denton County unemployment rate was 4.2 percent in August 2026, according to FRED data. This project represents a significant investment in commercial and industrial infrastructure in Lewisville. The registration status is Project Registered, indicating that the necessary filings have been made with the state authority. The presence of a named tenant, Evernorth Health Services, suggests a specific operational purpose for the finished space.