Prologis Legacy Point CD2 NW spec in Cypress, TX

Prologis Legacy Point CD2 NW spec adds 3,661 sq ft of office space to Legacy Point CD-2 Building 2 at 18440 Mound Rd, Cypress, TX 77433. The project involves additions to an existing building with associated mechanical, electrical, and plumbing work. The estimated cost for this scope is $500,000, equating to $137 per square foot. Construction is scheduled to begin in April 2027 and is targeted for June 2027.

The project was registered with TDLR in October 2026. Plan review is pending, and the status is listed as Project Registered. The registered accessibility specialist for this filing is Ernest G Taylor. The work is privately funded on private land for private use. This registration is part of a broader development effort by the owner, who also has a separate project registered for Legacy Point CD-1 Building 1 in Cypress with the same estimated cost.

Project Scope and Cost Context

The 3,661 sq ft addition is smaller than the median size of 5,037 sq ft for similar additions to existing buildings in Harris County. However, the estimated cost of $500,000 is close to the county median of $444,515 for this project type. The cost per square foot of $137 is above the county median of $100 per square foot. The scheduled build window of 90 days is shorter than the county median of 182 days for similar filings.

The location is in Harris County, within ZIP code 77433. Census estimates for this area indicate a population of about 112,211 and a median household income of $137,348. The area has approximately 34,420 housing units, with a median owner-occupied home value of $384,400. Housing in this ZIP code is predominantly owner-occupied. The Harris County unemployment rate was 5 percent in August 2026, which was lower than a year earlier.