Flower Mound is about to get a showpiece hotel, overlooking Grapevine Lake, just minutes from DFW Airport. Called the Pearl on the Peninsula, the contemporary 12-floor hotel and conference center will capitalize on its lakeside locale.
It will be the centerpiece of the lake’s southern 25-acre peninsula, which is part of the 150-acre mixed-used development called Lakeside DFW (where a new Moviehouse & Eatery is going in). The hotel will have 220 rooms and luxury suites, including “sky villas” on the top level.
The Pearl’s perch 140 feet above the water will provide views of sunrises and sunsets; renderings show that public spaces are oriented toward those water vistas.
The hotel also will have plenty of meeting space (hence the “conference center” in its title), including a 10,000-square-foot ballroom. Also expect an infinity pool and two places to dine: a European market and a full-service signature restaurant and bar. Another bar will serve the sunbathers on the pool deck.
Just this week, the Flower Mound Town Council approved a measure that will assist New Era Hotels & Resorts and Sunset Legacy LP in the hotel’s development. Flower Mound resident Scott Tarwater, a partner in New Era, is leading the charge; his family used to own the land, which they sold to Sunset’s Stewart family in 1984. So both parties have an attachment to the place.
“Over 30 years ago, my father, Peter P. Stewart, envisioned an international hotel overlooking the lake to complement the new DFW International Airport,” said Alan Stewart of Sunset Legacy in a release. “Our family is thrilled that he will see this dream come true right before his 95th birthday.”
“It is an honor to bring another wonderful hotel to the Flower Mound, particularly on the land that my parents, grandparents and I grew up on,” Tarwater said. “The opportunity to bring a truly unique, luxury hotel concept that honors our community’s heritage, along with creating a premier international destination for guests and locals to experience, is very significant to me.”
DePalma Hotels & Resorts will manage the property. The rest of 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.
New Era Hotels & Resorts’ first project is the Courtyard by Marriott in the River Walk at Central Park master-planned development in Flower Mound, which is slated to break ground this September. The Pearl on the Peninsula is its second. Groundbreaking should begin in July 2016 with a projected opening date in the fourth quarter of 2017.