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Old Posted Nov 13, 2019, 4:21 PM
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Morgan Group to Break Ground on 13-Story Tower in Houston

Quote:
The developer behind a Pearl-branded apartment project where a new Whole Foods is opening in Houston's midtown area this week is already planning to move forward with another project about a half-mile away that has been on hold.

Morgan Group, a Houston-based developer that has built $3.1 billion worth of multifamily projects nationally, is reviving plans to build a 13-story luxury apartment tower at 102 Dennis St. in Houston.

The project is tucked on a quiet residential street in one of Houston’s hottest neighborhoods for apartment and retail development.

Construction on the new project is expected to start in December or the first quarter of 2020, Philip Morgan, vice president of the Morgan Group, said in an interview with CoStar News.

The developer's proposed Houston project will include 298 apartment units on top of a parking podium. The total project will be 260,000 square feet, Morgan said.
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