Morgan and Carlyle celebrated the groundbreaking of Pearl Lake Pointe, a new luxury apartment community at 16435 Creekbend Drive in Sugar Land, Texas.
Construction began in November 2025, and Morgan, together with Carlyle, marked the project’s official start during a groundbreaking ceremony held on December 10, 2025. 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.
Located approximately 20 miles southwest of downtown Houston, Pearl Lake Pointe will encompass a five-story wrap community comprising 376 apartments—including five live-work units—over 6.46 acres. Residents will have access to a resort-inspired pool, a state-of-the-art fitness centers, golf simulator, fifth-floor sky lounge, and a first-floor café. The site also includes 9,940 square feet of commercial office space and a six-story parking garage, with luxury units featuring open-concept layouts with quartz countertops, stainless-steel appliances, in-unit washers and dryers, and balconies in select homes.
Situated adjacent to the former Fluor campus with picturesque views of Brooks Lake, Pearl Lake Pointe is designed to offer a differentiated lifestyle within Sugar Land’s rare multifamily-zoned land. The delivery of first units is anticipated for the second quarter of 2027, and the development will be managed and owned by Morgan and Carlyle, with project financing provided by Texas Capital Bank.
