HOUSTON-Locally-based multifamily developer The Morgan Group plans to break ground in the first quarter of next year on a new 376-unit luxury apartment project in the city's Westchase District.

Morgan's Pearl Woodlake development will be built at 2033 South Gessner Road and will contain a total of 376 studio, one-, two- and three-bedroom units, ranging from 607 square feet to 1,693 square feet. Pearl Woodlake will offer an oversized pool courtyard with outdoor kitchen and poolside cabanas, grilling stations, a dog park, an e-lounge, club room and sports pub/lounge, car charging stations, and an athletic club with private spin bike studio. Rents for Pearl Woodlake will range from approximately $1,250 per unit to $2,600 per unit.

“The Westchase District has become one of the strongest office markets in Houston, which is driving demand in the area for more luxury apartments," states Morgan Group CEO Mike Morgan. "This property will be a popular choice for those who value a live-work-play environment in one of the city's most vibrant neighborhoods. The amenities at Pearl Woodlake will be first class. Aside from close proximity to growing employment centers in West Houston, the property is a short drive away from popular retail destinations, including CityCentre, Memorial City and The Galleria.”

Regions Bank is providing construction financing for the project, which is scheduled to open in in the summer of 2015.