About Us

Peterson Development Company (PDC) was founded in Corpus Christi, TX, in 1950 by Ray Peterson beginning with Portairs Shopping Center, followed by many other shopping centers, office buildings and land investments throughout the Corpus Christi Area.  Ray’s Family has proudly carried his vision forward for three generations by continuing to identify strategic property investments throughout the Coastal Bend.

We believe that Corpus Christi has a bright future and that successful local businesses are the heartbeat of our community.


We develop and redevelop well located commercial real estate.  Our properties are convenient, attractive and well-maintained with a strong tenant mix to help ensure the long-term success of our merchants. Our goal is to provide the platform for the long term success of businesses in our Community.