Morgan, a leading vertically integrated multifamily investment, development, and management firm, together with Carlyle, is pleased to announce the groundbreaking of Pearl Lake Pointe, a new luxury apartment community located at 16435 Creekbend Drive in Sugar Land.
Joined by representatives of the City of Sugar Land, project partners, and Texas Capital Bank, Morgan celebrated this milestone for the region as the first multifamily site to receive entitlements in Sugar Land since 2012.
“The groundbreaking of Pearl Lake Pointe marks an exciting new chapter for the Lake Pointe peninsula,” said Sugar Land Mayor Carol K. McCutcheon. “After years of planning and collaboration with Morgan, this project delivers much-needed, high-quality multifamily housing and strengthens our long-term vision for a vibrant, connected district. This milestone will help drive continued reinvestment and momentum throughout Lake Pointe and across Sugar Land.”…