Inspire Development Begins Construction of $2B Mixed-Use Pearson Ranch Property in Austin, Texas
AUSTIN, TEXAS — Austin-based Inspire Development has begun construction of Pearson Ranch, a $2 billion,
156-acre mixed use project located just off State Highway 45 in northwest Austin.
The master plan for the project includes 48 acres of land for a corporate campus, including 2.6 million square feet of office space. Upon completion, the mixed-use property will also include approximately 200,000 square feet of retail, restaurant and community/cultural spaces; two hotels; thousands of residential units; and 30 acres of parks and green space.
Phase I of Pearson Ranch will center on The Eden, an apartment community that will feature 306 one-, two- and three-bedroom units that will range in size from 672 to 1,511 square feet. Residences will be furnished with technology such as smart locks and thermostats, gas appliances, built-in kitchen islands with quartz countertops and in-unit washers and dryers.
Residents will have access to amenities such as a fitness center, rooftop deck, coworking lounge, golf simulator, dog spa, community gardens, a three-acre park and a pool area with barbeque grills, day beds, cabanas and a bocce ball court.
The general contractor for The Eden is NRP Group. The project’s architect is Austin-based Davies Collaborative. Vertical construction on The Eden is scheduled for completion by the end of 2024.
The site of Pearson Ranch is less than three miles from Apple’s northwest Austin corporate campus, as well as the campuses of Dell, Amazon, Facebook and HomeAway. The site is also located approximately three miles from CapMetro’s Lakeline Station. Pearson Ranch is scheduled for completion between 2032 and 2037.
— Channing Hamilton