The interior renovation of IBC Bank in Austin, a Walmart renovation in Round Rock and a new 7 Brew in Leander are among the five most expensive projects filed with the Texas Department of Licensing and Regulation in the Austin metro this week.
IBC Bank Plaza interior renovations
This project involves the partial interior finish-out of four levels in the building, including renovations of shared core spaces, elevator lobbies and common corridors on floors 6-13.
- Location: 500 W. 5th St., Austin
- Estimated timeline: Oct. 1-Oct. 1, 2027
- Estimated cost: $6 million
Pease Community Campus Phase 1
Pease Elementary School in downtown Austin is being transformed into the Pease Community Campus. Through a partnership between Austin ISD and the United Way for Greater Austin, the 2.17-acre site is set to reopen as an early childhood education center and community hub.
- Location: 1106 Rio Grande St., Austin
- Estimated timeline: Nov. 11-March 17, 2027
- Estimated cost: $2.1 million
Walmart renovation
This project includes an interior and exterior remodel of an existing Walmart in Round Rock.
- Location: 2701 S. I-35 frontage road, Round Rock
- Estimated timeline: Jan. 24, 2027-May 13, 2027
- Estimated cost: $1.3 million
Tim Hortons
This project involves the renovation of an existing 3,107-square-foot space into a Tim Hortons.
- Location: 8756 Research Blvd., Austin
- Estimated timeline: Oct. 1-Jan. 15, 2027
- Estimated cost: $750,000
7 Brew
A new 7 Brew location is coming to Leander. The drive-thru coffee shop will be 510 square feet, with construction set to wrap up this fall.
- Location: 10281 U.S. Highway 183A Toll Free Road, Leander
- Estimated timeline: Sept. 1-Nov. 10
- Estimated cost: $400,000
