A new development company has made its debut in Austin. Founded in 2024 by principals Beau Flowers and Aldo Rodriguez, Centex Development Group announced its launch Friday.

The firm will specializes in "providing marketing, expansion, and financing expertise to successful businesses across a wide range of industries,” according to it press release. The company's focus includes oil and gas, hospitality, real estate, aviation, manufacturing, med spa services, clothing design, oil field production equipment, and the pipe and steel industry.

Current key projects, according to the announcement, include:

  • Oil and Gas Developments in Southeast Texas, in collaboration with Flowtex Energy.
  • A 58-acre real estate development in Spicewood, Texas, known as the Flying X Mobile Home and RV Park, which is in the early development stages, located near the shores of Lake Travis and adjacent to the Canyon Ranch Resort, set to open in 2026.
  • A five-concept bar and restaurant program in downtown Austin, scheduled for a December 2025 launch, which will add to the vibrant hospitality scene in the heart of the city.