FLOWER MOUND, Tex.—Lake Grapevine is about to get another notable hotel and conference center.

New Era Hotels & Resorts and Sunset Legacy LP has announced plans to develop a 12-story 220-room and suite luxury hotel and conference center overlooking Lake Grapevine in Flower Mound.

The hotel, The Pearl on the Peninsula Hotel & Conference Center, will overlook the lake from 40-foot bluffs. It will be the centerpiece of the 25-acre peninsula, which is part of the 150-acre mixed-use development Lakeside DFW.

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