Tom Wilcox, Riverstone's general manager, tells GlobeSt.com that the master-planned project most likely will include some office and professional space. The plan, he emphasizes, is dynamic and will evolve with the market.

In the immediate future, Riverstone has sold roughly 30 acres to Lasco Development for a large commercial and retail project. Wilcox says Lasco Development has already sold a substantial pad site to Kohl's and construction is under way. Wilcox says Lasco will work with Riverstone development to maintain the architectural look of the neighborhood. The community will have single-family homes, town homes and patio homes priced from $250,000 to more than $3 million.

Wilcox says the mixed-use property will serve the changing needs of the American family. "We are entering a period in history that will demand an evolution of products targeted to the ever-changing American family," he says. "We intend to meet that demand with niche products and neighborhoods targeted to empty nesters, active adults and their children.