Mixed-Use Development

Creating live-work-play environments that integrate retail, residential, and office uses into enduring places.

Our Approach

Mixed-use development is about more than stacking functions — it’s about placemaking and synergy. We specialize in:

Why It Matters

Mixed-use projects build durable value by meeting the evolving needs of communities — delivering not just real estate, but places that people want to live, work, and gather.

Sendero: Pearl River's Flagship Mixed-Use Project

Sendero is a 75-acre open-air destination in Bastrop, Texas — located just 30 miles from Downtown Austin and 20 miles from Austin-Bergstrom International Airport. Designed to grow alongside the Bastrop community, Sendero blends convenience, culture, and connection into one cohesive place.

Project Highlights

Community Impact

Sendero will deliver more than real estate — it’s a place designed for connection, with outdoor yoga spaces, live music, and walkable trails. The project reflects Pearl River’s mission to create environments where people live better, connect more, and stay rooted in community.

Timeline & Team

Broke ground in April 2025, with phased completion through 2030. Key partners include Pearl River Companies, Tramonte Design Studio, Joeris General Contractors, JLL, and Cornerstone Capital Bank.

The Value of Mixed-Use Development

Mixed-use projects generate long-term value by aligning community needs with investor goals. By combining retail, residential, office, and green space, these destinations become resilient, adaptive, and enduring.

  • Diversified Demand: Retail supports residents, residents support retail, and both drive demand for office and wellness uses.
  • Placemaking: Projects designed around human experience attract tenants and retain value through cultural relevance.
  • Growth Market Alignment: In high-growth regions like Central Texas, mixed-use captures the full spectrum of demand drivers.
  • Investor Upside: Integrated assets balance risk while enhancing yield compared to standalone product types.

We view mixed-use not as a trend, but as a durable strategy. Our work in this area draws on lessons from ground-up retail, where strong fundamentals create lasting destinations that anchor community life.

Discuss Mixed-Use Opportunities

Interested in learning more about how mixed-use projects create lasting community value? Let’s start the conversation.

Contact Us

Mixed-Use Development — FAQs

What makes a project “mixed-use”?

A mixed-use project integrates multiple property types — typically retail, residential, and office — into one cohesive environment. The goal is to create places where people can live, work, and play.

Why is mixed-use important for communities?

Mixed-use provides walkable convenience, activates public space, and fosters a stronger sense of place. It reduces reliance on cars and creates hubs where people naturally gather.

How do mixed-use projects benefit investors?

By combining uses, investors gain diversified income streams and stronger tenant resilience. Retail tenants benefit from built-in foot traffic, while residential and office users enjoy added amenities.

Why Central Texas for mixed-use?

Markets like Bastrop and the greater Austin area are experiencing rapid population and job growth. Mixed-use developments capture this growth by meeting lifestyle expectations of both residents and employers.

How fast is Bastrop growing?

  • Between 2022 and 2023, Bastrop city grew ~5.3%, with median household income rising ~19.5%.
  • Bastrop County’s population is up ~13.9% since 2020 — ranking among Texas’s fastest-growing counties.
  • Zip code 78602 is projected to grow nearly 39% by 2025, compared to the national average of ~4.7%.

What major employers are shaping the area?

  • X (formerly Twitter) moved its headquarters near Bastrop.
  • SpaceX has a facility locally, and The Boring Company is nearby.
  • An EdgeConneX data center is under development — with an investment of $440 million.

What film studio developments are coming to Bastrop?

  • 204Texas: A $1.9 billion, 546-acre studio campus along the Colorado River, set to create ~747 jobs and $105 million/year economic impact. First phases complete by mid-2026.
  • Wyldwood Studios: A $100 million, 75-acre “film town” led by Zachary Levi — with sound stages, offices, amphitheaters, wellness and residential components. Groundbreaking late 2025; opening expected by 2027.
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