Funding type
This project is privately funded, on private land for private use.
Project Phantom in Austin, TX
11505 1/2 Spirit Drive, Austin, TX, 78617
Project Phantom is a new construction project at 11505 1/2 Spirit Drive, Austin, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Oct 2027. The project has an estimated value of $60.0M across about 285,000 sq ft.
- Estimated project value
- $60.0M
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
- 285,000 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $211/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
- 9 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.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
8 days after the preceding date shown.
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.
79 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.
273 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Project Phantom
Spirit Drive Industrial 2.0 is a new 285,000 sq ft warehouse under development at 11505 1/2 Spirit Drive in Austin, Texas. The project, filed with the Texas Department of Licensing and Regulation as Project Phantom, is targeted for October 2027. This ground-up construction effort includes associated site improvements and parking, representing a significant addition to the industrial landscape in Travis County.
The estimated cost for this private development is $60,000,000, placing the project in the top quarter of new construction filings in the county by cost. With a calculated cost of $211 per square foot, the investment is above the county median of $125 per square foot for similar new construction projects. The scheduled build window of 273 days is close to the county median of 304 days, indicating a standard timeline for a facility of this magnitude.
Project Details and Registration
VC Holdings QOZ LP is the owner and developer of record for this privately funded project on private land. Mackenzie serves as the design firm of record, a firm that has other TDLR-registered projects in Fresno and Houston. Blair Baker is the registered accessibility specialist associated with the filing. The project was registered with TDLR in October 2026, and plan review is pending. Construction is scheduled to begin in January 2027, with the completion date on the filing set for October 2027.
The site is located in ZIP code 78617, an area with a population of about 28,932 and a median household income of $78,019 according to U.S. Census estimates. The housing stock in this ZIP code is predominantly owner-occupied, with a median home value of $247,800. This location in Travis County, where the unemployment rate was 3.9 percent in August 2026, supports a robust local labor market for construction activities.
The TDLR status for Spirit Drive Industrial 2.0 is Project Registered. The filing confirms the scope of work as the ground-up construction of a warehouse with associated site improvements and parking. This registration ensures that the project meets state standards for accessibility and construction oversight. The specific address and details provided in the filing offer clear information for stakeholders interested in this new industrial development in Austin.
Review Complete
Design review complete, construction may proceed
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Project Phantom is a New Construction project located at 11505 1/2 Spirit Drive, Austin, TX 78617 in Austin, Texas. The project has an estimated value of $60.0M covering 285,000 sq ft. VC Holdings QOZ LP is the property owner and Mackenzie is the design firm of record. The project was registered with TDLR on October 16, 2026.
Frequently Asked Questions
What is the estimated cost of Spirit Drive Industrial 2.0?
The estimated cost for the project is $60,000,000. This figure is above the county median for new construction filings in Travis County.
Who is the developer of record?
VC Holdings QOZ LP is the owner and developer of record for this privately funded project.
When is the project targeted for completion?
The completion date on the TDLR filing is targeted for October 2027, with construction starting in January 2027.
Is the business open?
The project is in the construction phase, with plan review pending. The TDLR record does not indicate that the business is open or operating.
What is the square footage of the warehouse?
The warehouse is 285,000 sq ft, including associated site improvements and parking as part of the ground-up construction.
What is Project Phantom?
Project Phantom is a new construction project at 11505 1/2 Spirit Drive in Austin, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: 285,000 SF Ground-up construction of a Warehouse with associated site improvements and parking
Is Project Phantom open in Austin?
Project Phantom is still under construction in Austin, TX, with an estimated completion of Oct 2027 according to its TDLR registration.
Where is Project Phantom located?
Project Phantom is located at 11505 1/2 Spirit Drive, Austin, TX, 78617, in Travis County.
Who is the owner or developer of Project Phantom?
VC Holdings QOZ LP is the property owner/developer of record for Project Phantom, per its TDLR project registration.
Who is the architect or design firm for Project Phantom?
Mackenzie is the design firm of record for Project Phantom, according to its TDLR filing.
How much does Project Phantom cost and how big is it?
Project Phantom has an estimated construction value of $60.0M and approximately 285,000 square feet (about $211/sqft), based on its TDLR filing.
Scope of Work
285,000 SF Ground-up construction of a Warehouse with associated site improvements and parking
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
11505 1/2 Spirit Drive, Austin, TX, 78617
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