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Work starts this fall on Pearl Landing in Las Colinas

Source: bizjournals.com

TL;DR

Work starts this fall on Pearl Landing, a mixed-use project in Las Colinas with 400 apartments and retail space.
The development at 1101 W. Royal Lane covers over 700,000 square feet at an estimated $68 million cost.
It fills a long-vacant site near corporate offices, adding housing for the area's workers by 2028.[[1]](https://www.bizjournals.com/dallas/news/2026/04/06/work-begin-this-fall-mixed-use-development.html?csrc=6398&link_source=ta_first_comment&taid=69d44922cf1483000137f511&utm_campaign=trueAnthemTrendingContent&utm_medium=social&utm_source=facebook&fbclid=IwdGRleARBmE1leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeOcr7QIRGj802HCKe3siZZoh_rtCPDYUMX_Hj5UjF7Zxj7qieQe70W3kBwb4_aem_QV4B70-p3BDQ8EFA8LUOhg)[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)

The story at a glance

The Dallas Business Journal reports construction will begin this fall on Pearl Landing, a mixed-use development by Morgan Group at 1101 W. Royal Lane in Las Colinas, Irving. It includes about 400 apartments, ground-floor retail such as a restaurant, and amenities like a fitness center and pool. The article follows recent state permit filings that confirm the project's details and timeline, with first units expected in 2028.[[1]](https://www.bizjournals.com/dallas/news/2026/04/06/work-begin-this-fall-mixed-use-development.html?csrc=6398&link_source=ta_first_comment&taid=69d44922cf1483000137f511&utm_campaign=trueAnthemTrendingContent&utm_medium=social&utm_source=facebook&fbclid=IwdGRleARBmE1leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeOcr7QIRGj802HCKe3siZZoh_rtCPDYUMX_Hj5UjF7Zxj7qieQe70W3kBwb4_aem_QV4B70-p3BDQ8EFA8LUOhg)[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)

Key points

Location and size: 10.5-acre vacant site at 1101 W. Royal Lane along State Highway 161 in the Las Colinas employment corridor.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)
Developer: Houston-based Morgan Group, which has built other "Pearl"-branded multifamily projects in Texas and Florida.[[3]](https://hoodline.com/2026/04/pearl-landing-mega-complex-muscles-into-irving-s-las-colinas-corridor)
Units and features: 403 apartments (rounded to 400 in DBJ), ground-floor retail including a restaurant, pool, fitness space, and integrated parking.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)
Scale and cost: About 751,579 square feet total, with a $68 million construction budget, or roughly $169,000 per unit.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)
Timeline: Construction starts October 2026, first units open 2028 per DBJ (full completion targeted for March 2029 per filings).[[1]](https://www.bizjournals.com/dallas/news/2026/04/06/work-begin-this-fall-mixed-use-development.html?csrc=6398&link_source=ta_first_comment&taid=69d44922cf1483000137f511&utm_campaign=trueAnthemTrendingContent&utm_medium=social&utm_source=facebook&fbclid=IwdGRleARBmE1leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeOcr7QIRGj802HCKe3siZZoh_rtCPDYUMX_Hj5UjF7Zxj7qieQe70W3kBwb4_aem_QV4B70-p3BDQ8EFA8LUOhg)[[3]](https://hoodline.com/2026/04/pearl-landing-mega-complex-muscles-into-irving-s-las-colinas-corridor)
Approvals: Site rezoned last August from business/office to "community village" mixed-use by Irving City Council, requiring ground-floor commercial space.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)

Details and context

The parcel, owned by Atlanta-based Piedmont Realty Trust, has sat vacant for years next to major employers like McKesson and Vistra headquarters, making it ideal for worker housing in this office-heavy area.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/) Morgan Group's TDLR filings are preliminary and subject to site-plan review, building permits, and utility approvals before vertical work starts.[[3]](https://hoodline.com/2026/04/pearl-landing-mega-complex-muscles-into-irving-s-las-colinas-corridor)

Las Colinas has seen steady demand for mixed-use projects amid North Texas growth, though retail and office components face market caution; this one leans residential with modest commercial to meet zoning.[[3]](https://hoodline.com/2026/04/pearl-landing-mega-complex-muscles-into-irving-s-las-colinas-corridor)

Key quotes

A Morgan Group representative said at an August Irving City Council meeting the community will include a restaurant component.[[2]](https://therealdeal.com/texas/2026/03/31/morgan-group-plans-68-million-mixed-use-project-in-irving/)

Why it matters

This project adds needed apartments near Las Colinas offices, supporting the area's role as a corporate hub in booming DFW. It means more housing options for workers and potential retail activation on a blighted site, boosting local tax base. Watch for final permits and any timeline shifts, as filings remain preliminary.[[3]](https://hoodline.com/2026/04/pearl-landing-mega-complex-muscles-into-irving-s-las-colinas-corridor)