Planned as Flower Mound's 21st century downtown, The River Walk at Central Park will integrate commercial and residential uses within the 158-acre development. Located north of FM 1171 between FM 2499 and Morriss Road, The River Walk at Central Park is intended to capture the vitality, flexibility, convenience, and charm embodied by traditional towns that were once common throughout America.

Commercial uses within the development will include medical, office, retail, and dining. Many of the buildings will accommodate street-fronting shops and restaurants with offices and residences located on upper floors. Residential uses in the development will include a variety of living choices including townhouse, apartment, condominium, lofts over retail and office, assisted living, and senior living.

The River Walk Park will be a focal point for Flower Mound. Its design will allow and encourage people to work and live in close proximity and will provide a pedestrian oriented environment. At the center of the development, Central Park, a spacious, crescent-shaped public park, will provide a gathering space for community events.