Morgan Group starts construction of Pearl Washington luxury apartment project

5 August 2014 (Last Updated August 5th, 2014 18:30)

US-based development, construction and property management firm Morgan has commenced construction works on the new luxury apartment building in Washington, along with co-developer LCB Holdings.

US-based development, construction and property management firm Morgan has commenced construction works on the new luxury apartment building in Washington, along with co-developer LCB Holdings.

Pearl Washington building will be developed on 3.12 acres of land along Houston's Washington Avenue corridor.

The building has been designed by architects Dwell Design Studio and is being financed by Wells Fargo.

The seven-storey building will have 322 one, two and three-bedroom units ranging from 652ft² to 1,443ft², on the top five floors.

Two podium levels of the building will be used for garage parking and provide access to eVgo car charging stations.

"Pearl Washington will...have a resort-style swimming pool with private cabanas and sun decks, two courtyards, a dog park and a bocce court at the ground floors." 

The building will feature Morgan's premium Pearl amenities, including open floor plans, high-end wooden-style floors, quality unit finishes, a business café, and a state-of-the-art private fitness club and studio.

Pearl Washington will also have a resort-style swimming pool with private cabanas and sun decks, two courtyards, a dog park and a bocce court at the ground floors.

The Morgan Group president Alan Patton said: "Morgan has more than eight Pearl projects in various stages of development since we launched the luxury brand last summer.

"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 US 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."

The new luxury apartment is scheduled to open in spring 2016.