The Real Deal Miami

Large apartment complex planned in Dadeland area

Texas developers team up on 412-unit Pearl project

March 27, 2014 12:00PM

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Pearl at Dadeland site (via exMiami)

Pearl at Dadeland site (via exMiami)

A pair of Texas developers is planning a large apartment project across from Miami’s Dadeland Mall.

The Houston-based Morgan Group and Invesco Real Estate of Dallas want to build the Pearl at Dadeland on a site the companies acquired for $20 million last September, exMiami reported. The 412-unit complex would be a sister property of the Pearl at Flagler Village in Fort Lauderdale. That 331-unit complex is under construction.

Morgan and Invesco already closed a TigerDirect store on the Dadeland site. The partnership intends to demolish the building. [exMiami]Eric Kalis

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