Planet Fitness Tenant Improvement - Yarbrough in El Paso, TX

A 33,518 sq ft renovation at 1144 N Yarbrough Drive S in El Paso is the subject of a TDLR-registered filing for a Planet Fitness tenant improvement. The project, listed as a remodel, carries an estimated cost of $6,703,600, which computes to $200 per square foot. Joseph Bencomo III is the owner of record for this private development on private land.

The filing indicates construction was scheduled to begin in December 2026, with completion targeted for March 2027. Plan review is pending following the registration in October 2026. Alejandro Mireles is the registered accessibility specialist associated with the project.

Project Scale and Context

This renovation is significantly larger than typical filings in the region. Among 3,895 renovation and alteration projects registered in El Paso County, the median size is 3,500 sq ft. This project’s 33,518 sq ft exceeds that median substantially. The estimated cost of $6,703,600 places it in the top quarter of county filings, where the median cost is $204,000. The cost per square foot of $200 is also above the county median of $66 per square foot.

The scheduled build window of 120 days aligns closely with the county median of 120 days for similar projects. The owner, Joseph Bencomo III, has two other TDLR-registered projects in El Paso, both Tommy’s Express locations, which have closed. Those projects totaled $5,000,000. This Planet Fitness project is distinct in its scale and scope compared to those earlier filings.

The area surrounding the project, ZIP code 83843, has a population of about 25,372 according to U.S. Census American Community Survey 2023 estimates. The median household income for this ZIP code is $59,907. Housing in the area consists of 12,089 units, with an even mix of owner- and renter-occupied homes. The median owner-occupied home value is estimated at $354,100. El Paso County’s unemployment rate was 4.6 percent in August 2026, lower than the rate a year earlier.