The ST92141 is capable of generating sine wave signal with variable frequency and amplitude. The PWM is synchonous to the wave form and may be either with centered patern or not. ST provide a library of routines and functions to do that. check the ST92141 page on this web site, http://www.stmcu.com/devicedocs-ST92141K4-html (
regarding the price, it will depend on the quantity you want and where you buy it. For small quantities of OTP, count $3 to $4 plus distributor margin...
Regarding the tools, the software toolchain is free and available on this web site.
ST92141 seems to be good choice for 3 phase motor control. I am nt able to get prices of ST92(F/T)141 . Is anyone having idea about this and also its developement kit.