Thu, Nov 5, 2026

IKEA Property Registers $18M Interior Renovation in The Woodlands

A Texas TDLR registration filed Nov. 4, 2026 lists IKEA Property, Inc as owner of an $18M, 150,657 sq ft interior renovation at 1201 Lake Woodlands Drive.

$18.0Mestimated cost
150,657sq ft
6 monthsconstruction window

IKEA Property, Inc registered an $18.0 million interior renovation in The Woodlands with the state on Nov. 4, 2026. The filing, titled “Project Woodlands,” covers 150,657 sq ft at 1201 Lake Woodlands Drive, Suite 500, in Montgomery County.

Why it matters

The registration is a primary record of a planned project, filed with the Texas Department of Licensing and Regulation (TDLR) under its accessibility program, and it names the owner, cost and schedule months before any contractor announcement. For Houston-area general contractors and trades, an $18.0 million interior scope with a defined window is a bid-list signal. The record does not identify a general contractor, so that package appears to be open or not yet public.

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The scope is specific: demolition, new partitions, new plumbing fixtures, a new showroom, and a new kitchen with serving and seating areas. That mix points to fixture-heavy mechanical, plumbing and millwork work rather than a shell build. The filing does not say what the space is used for today, and we are not characterizing it beyond what the record states.

The numbers

  • Estimated cost: $18,000,000, or roughly $119 per sq ft across 150,657 sq ft (our calculation from the two registered figures).
  • Construction start: Mar. 1, 2027. Completion: Sept. 3, 2027, a window of about six months.
  • Type of work: renovation and alteration. The record lists the project as privately funded, on private land, for private use.
  • Design firm: Ware Malcomb of Dallas. A registered accessibility specialist, number 1035 of Irving, is also on the filing.

Cost on a TDLR registration is the owner’s estimate at filing, not a bid or a contract value, and it can move before work starts. The tenant field is blank.

What’s next

Construction is scheduled to begin Mar. 1, 2027, so permitting, bid packages and subcontractor selection would fall in the winter. TDLR registrations are followed by a plan review and, near completion, an inspection by a registered accessibility specialist, which is the checkpoint to watch for a finish date. We will update this story if a general contractor, a Montgomery County or City of The Woodlands permit, or a public description of the space surfaces.

For other planned commercial work across the metro, see our Houston market page.

Quick answers

What is the latest on Project Woodlands?
A Texas TDLR registration filed Nov. 4, 2026 lists IKEA Property, Inc as owner of an $18M, 150,657 sq ft interior renovation at 1201 Lake Woodlands Drive.
Who is developing Project Woodlands?
IKEA Property, Inc, according to Texas Department of Licensing and Regulation, TABS2027005185.
What are the key numbers for Project Woodlands?
estimated cost: $18.0M; sq ft: 150,657; construction window: 6 months.

On the record

TDLR project TABS2027005185, registered Nov. 4, 2026: IKEA Property, Inc as owner, $18,000,000 estimated cost, 150,657 sq ft, interior renovation at 1201 Lake Woodlands Drive, Suite 500, The Woodlands

Public record · tdlr.texas.gov

Primary record

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