Inspire Development begins construction of $2b mixed-use project in Austin

Austin-based Inspire Development has started construction of Pearson Ranch, a $2 billion, 156-acre mixed-use project located 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 also will include about 200,000 square feet of retail, restaurant, community and cultural spaces; two hotels; thousands of residential units; and 30 acres of park space.

Construction on Pearson Ranch will begin with The Eden, an apartment community that will feature 306 one-, two- and three-bedroom units that range in size from 672 square feet to 1,511 square feet.

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.