Partnering with Retail Business Since 1950

Peterson Development Company (PDC) was founded in Corpus Christi, TX, in 1950 by Ray Peterson.  Ray began his own entrepreneurship in the grocery business with a store called Peterson Brothers. His property management career began with the building of Portairs Shopping Center in the early 1950s, followed by Woodlawn, South Park, and finally Gulfway Shopping Center in 1960.  Portairs, Woodlawn, and Southpark were eventually sold.  Bill J. Brown, Ray’s son-in-law, joined PDC as manager in the early 70’s and built Crossroads Shopping Village in 1977, followed by Meadow Oaks Shopping Center in 1987.  Bill’s son Reagan has managed PDC since the mid 1990’s, with the help of Ray’s daughter Patty Nuss.  They are recently joined by Patty’s son David Nuss.
Peterson Development Company continues to be proudly family-owned and managed.  In addition to managing Gulfway, Crossroads, and Meadow Oaks Shopping Centers. PDC is developing additional commercial properties in Corpus Christi, as well as the Rancho Vista housing development. We believe that Corpus Christi has a bright future and that successful local businesses are the heartbeat of our shared community.

Our Mission

We own, manage, acquire, develop and redevelop strategically located neighborhood and community shopping centers, office buildings, and residential developments.  Our convenient locations are attractive and well-maintained with a strong tenant mix to help ensure the long-term success of our merchants. As fourth generation Corpus Christi Christians, our goal is to be community advocates by providing relevant and desirable products and services