High Street Converts Dallas Offices into 435-Unit Apartment Community
High Street Residential, the residential subsidiary of Trammell Crow Company, has broken ground on a 435-unit Class A multifamily community in Dallas, Texas. Developed in partnership with Acram Group as co-general partners, and with Parse Capital providing preferred equity, the project will transform a former office site into a mixed-income residential community. Completion of the project is expected by summer 2028.
Situated on approximately 5.4 acres within an 8.6-acre redevelopment site at 5550 Lyndon B. Johnson Freeway (LBJ), the community will feature a five-story and seven-story residential building.
The community’s amenity package includes a clubroom, co-working space, sports lounge, resort-style swimming pool, grilling stations, fire pits, fitness center, 7th-floor sky lounge, bike storage, dog wash station, and package room.
The project team includes WDG Architecture as the architect and OHT Partners as the general contractor. Bank OZK is serving as senior lender.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout