Spec Suite 480 in Houston, TX

MemorialMED is undertaking a renovation and alteration project at 9432 Katy Freeway, Suite 480, in Houston, Harris County. The filing identifies this specific location as Spec Suite 480. The project involves transforming 2,610 square feet of space into a medical office facility. This work is registered with the Texas Department of Licensing and Regulation (TDLR) under the Texas Accessibility Standards (TABS) program. The registration occurred in October 2026, and the construction start date is listed as November 2026. The project is targeted for January 2027.

The estimated cost for this renovation is $390,000. This results in a cost per square foot of $149. The owner and developer of record is 9432 Katy Freeway LLC. The design firm of record is JZ Interior Design, LLC. William T Winning is the registered accessibility specialist for the project. Funding is provided privately for private use on private land. The scope of work includes the installation of exam rooms, doctor offices, a treatment room, a break room, restrooms, a nurse station, a business area, a waiting room, storage, and a manager office.

Market Context

This project is part of a broader portfolio for 9432 Katy Freeway LLC. The owner has five other TDLR-registered projects totaling $1,990,000. These include multiple MemorialMED locations in Houston with varying statuses, such as project registered or review complete. JZ Interior Design, LLC also has six other registered projects totaling $3,239,800. These include HeightsMED and several projects at 1001 McKinney Street in Houston.

Comparing this filing to 39,290 other renovation and alteration filings in Harris County reveals distinct cost and timeline characteristics. The median estimated cost for similar projects is $250,000, with a middle half range of $126,522 to $600,000. The median size is 4,000 square feet. The median cost per square foot is $80. This project's cost is above the county median for its type. Its scheduled build window of 61 days is shorter than the county median of 92 days. Its $149 per square foot is above the county median of $80.

The local area in ZIP code 77055 has a population of about 44,088. The median household income is $73,297. There are 17,845 housing units in the area. The median owner-occupied home value is $577,800. Housing in the area is an even mix of owner- and renter-occupied units, according to U.S. Census ACS 2023 five-year estimates. Harris County unemployment was 5 percent in August 2026, which is lower than a year earlier.