multifamily HOUSTON—Walkability is a key component for many new multifamily projects and the newest midrise is no exception. Pearl Washington is a luxury apartment located at the corner of Washington Avenue and T.C. Jester Boulevard, surrounded by Washington Avenue's restaurants and nightlife, Memorial Park and the popular Houston Heights neighborhood. Downtown and the Galleria/Uptown are only three miles away. “Since we started construction on Pearl Washington two years ago, the neighborhood has become an increasingly more attractive place to live," said Morgan vice president of development Philip Morgan . "With a front door on Washington Avenue, the property is within walking and biking distance to many destinations.” Pearl Washington has five stories, with 322 one-, two- and three-bedroom units over two levels of garage parking. All units, which range from 652 square feet to 1,443 square feet, have balconies. The apartment community is Morgan's latest luxury development, with amenities including open floor plans, USB charging ports, Nest thermostats, a business café, fitness club, private fitness studio, swimming pool with private cabanas and an expansive sun deck overlooking Washington Avenue and downtown. In addition, there are two more courtyards with hammock swings, a bocce ball court, grilling areas and a dog park. Morgan tells GlobeSt.com: “We strive to build upscale communities for our residents with our Pearl properties, not just places to stay. The attractive Washington Avenue area perfectly complements Pearl Washington's premium, eco-friendly amenities. When our residents want to venture out, many restaurants, bars, coffee shops and clubs are within walking or biking distance in addition to Memorial Park. Convenience comes with an apartment at Pearl Washington.” The community was co-developed with LCB Holdings Inc., and Wells Fargo provided the construction financing. Morgan specializes in multifamily development, construction and property management. Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more. multifamily HOUSTON—Walkability is a key component for many new multifamily projects and the newest midrise is no exception. Pearl Washington is a luxury apartment located at the corner of Washington Avenue and T.C. Jester Boulevard, surrounded by Washington Avenue's restaurants and nightlife, Memorial Park and the popular Houston Heights neighborhood. Downtown and the Galleria/Uptown are only three miles away. “Since we started construction on Pearl Washington two years ago, the neighborhood has become an increasingly more attractive place to live," said Morgan vice president of development Philip Morgan . "With a front door on Washington Avenue, the property is within walking and biking distance to many destinations.” Pearl Washington has five stories, with 322 one-, two- and three-bedroom units over two levels of garage parking. All units, which range from 652 square feet to 1,443 square feet, have balconies. The apartment community is Morgan's latest luxury development, with amenities including open floor plans, USB charging ports, Nest thermostats, a business café, fitness club, private fitness studio, swimming pool with private cabanas and an expansive sun deck overlooking Washington Avenue and downtown. In addition, there are two more courtyards with hammock swings, a bocce ball court, grilling areas and a dog park. Morgan tells GlobeSt.com: “We strive to build upscale communities for our residents with our Pearl properties, not just places to stay. The attractive Washington Avenue area perfectly complements Pearl Washington's premium, eco-friendly amenities. When our residents want to venture out, many restaurants, bars, coffee shops and clubs are within walking or biking distance in addition to Memorial Park. Convenience comes with an apartment at Pearl Washington.” The community was co-developed with LCB Holdings Inc., and Wells Fargo provided the construction financing. Morgan specializes in multifamily development, construction and property management. Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

lisabrown

Just another ALM site