Hotel/Conference Center Slated for Lake Grapevine

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.

The hotel is the brainchild of the Tarwater and Stewart families, who have collectively owned the property since the 1890s.

“The scenic peninsula is a natural stage for this exquisite hotel and will encourage guests to enjoy the their beautiful surroundings,” L. Scott Tarwater, partner and president of New Era Hotels & Resorts, told GlobeSt.com. “We look forward to continuing on with the planning process and watching the vision come to life.”

“Over 30 years ago, my father, Peter P. Stewart, envisioned an international hotel overlooking the lake to complement the new D/FW International Airport,” says Alan Stewart. “Our family is thrilled that he will see this dream come true right before his 95th birthday.”

Flower Mound Town Council approved a measure that will assist New Era Hotels & Resorts in developing the hotel and 32,000-square-foot conference center. Also planned are a 10,000-square-foot ballroom, an infinity pool and two restaurants--one a European market concept and the other a full-service restaurant and bar. An additional bar is planned to be located near the outdoor pool. 

DePalma Hotels & Resorts will manage the property. The project team includes Merriman Associates/Architects, TBG (landscape design), Duncan, Miller, Ullmann Design (interior design), Gateway Planning (master planning) and Kimley-Horn (engineering). Balfour Beatty is acting as design builder.