AUSTIN (Austin Business Journal) – Centex Homes’ Central Texas division will develop a mixed-use community on 750 recently acquired acres on the north side of SH 45 near the intersection of West Parmer Lane.

Pearson Place will include 1,400 homes on 450 acres, with the remaining land earmarked for civic uses, retail and office space. The project’s residential portion is expected to cost nearly $275 million.

TBG Partners, the land-planning firm behind Teravista and Goodnight Ranch projects, is working with Centex on the development

For further information on this commercial project, or residential loan information, contact Gray Buffington, President of Buffington Mortage: 512-672-4729