ECONOMIC DEVELOPMENT

World-Class Property Coming to Round Rock

Pearson Ranch in the 21st Century

Charlotte Kovalchuk

charlotte@wilcobr.com rendering courtesy Inspire Development

Austin-based Inspire Development broke ground January 28 on Pearson Ranch, a 156-acre mixed-use development. With an anticipated value of more than $2 billion at full buildout, the new premier destination will be at the northeast corner of State Highway 45 and West Parmer Lane in Round Rock.

Sitting on ranch land sold by the Pearsons, a sixth-generation Williamson County family, Pearson Ranch will feature:  2.6 million square feet of office space  two hotels

 thousands of upscale residences  48 acres of land for a corporate campus  30 acres of parkland  200,000 square feet of retail, restaurant, and community and cultural spaces.

The first phase includes development of 41 acres, with approximately 600,000 square feet of office space, three upscale apartment communities, and lifestyle retail. Total build-out for the 156 acres is anticipated to take up to 15 years. “This property has such an inherent natural beauty and rich heritage, yet is juxtaposed with incredible proximity to major tech employers and workers that define the future in so many ways,” says Inspire Managing Principal Brett Ames. “We worked very closely with our team to create a plan that tightly knits the past, present, and future into the most compelling land plan possible. Frankly, we feel a true sense of obligation to get it fully right.”

Williamson County Judge Gravell emphasized the project’s location in Williamson County’s burgeoning technology corridor just two miles from Apple’s new corporate campus. “Williamson County is the technology superhighway of the world and I believe this is going to be another piece that will be added to that portfolio. Located in the new premier hub for major technology companies, Pearson Ranch will provide necessary access to office space for employers, generating new jobs and providing on-site access to retail, housing, and park space for Central Texas.”

For this development to land in Williamson County is no surprise for Judge Gravell.

WE CONTINUE, I BELIEVE, TO BE THE MOST SOUGHT-AFTER COUNTY IN AMERICA FOR TECHNOLOGY AND GROWTH. IT’S VERY HUMBLING TO BE IN THIS PLACE. ~JUDGE BILL GRAVELL

Pearson Ranch’s development team consists of architectural and planning firm Urban Design Associates, civil engineer BGE, land planner Land Strategies Inc., multi-family architect Davies Collaborative, office architect Powers Brown, and Chasco Constructors, general contractor for the site infrastructure. Judge Gravell is especially glad Round Rock-based Chasco Constructors is part of the project team. “I asked the guys, ‘When you make those decisions for who builds this project, if you can, let’s use Williamson County companies.’ Chasco, with Inspire, will build a world-class property on a historic ranch,” he says.