Construction Begins on Pearl Washington Luxury Apartments in Houston
- Aug 07, 2014
Houston—Houston-based The Morgan Group Inc. has announced that it has commenced on the construction of its latest Pearl-brand luxury apartment development, Pearl Washington. The Houston midrise project is being co-developed with Morgan’s partner Houston-based LCB holdings Inc. and is expected to complete in spring of 2016.
“Morgan has more than eight Pearl projects in various stages of development since we launced the luxury brand last summer,” says Morgan President Alan Patton. “Pearl Washington is an exceptional location with its proximity to a variety of restaurants, nightlife and office buildings. Downtown Houston is only three miles away and Memorial Park is within walking or biking distance. Houston’s healthy economy continues to support strong employment growth. The city registered the largest population increase of any U.S. metro area in 2013 and has been one of the top job destinations for recent college graduates since 2006. Those demographics are perfect for Pearl Washington.”
Financing for the project is provided by Wells Fargo, as well as Dwell Design Studio—the project’s architect.
Pearl Washington will rise five stories and will include 322 one-, two- and three-bedroom units that feature open floor plans, private balconies and high-end finishes including wood-style flooring. Residences will range in size from 652 to 1,443 square feet. The development will also include two podium levels of garage parking equipped with eVgo car charging stations.
Amenities include a business café, state-of-the-art fitness club and private fitness studio, in addition to the resort-style swimming pools laden with private cabanas and sundecks, two courtyards, a dog park and a bocce ball court.
The project’s 3.2 acre parcel is located on Houston’s Washington Avenue Corridor.