New Transit-oriented Development Kicks Off in Downtown Carrollton

Developer Trammell Crow Co. and partner Olympus Property are building the third phase of a transit-oriented development in Carrollton.Crow's High Street Residential has broken ground on 352 apartments and retail space in the Union at Carrollton Square in downtown Carrollton.The project is located near DART's commuter rail station and will be finished in late 2018."We are grateful to expand upon such a unique and successful project in Carrollton's historic Downtown district and pleased to partner with Olympus Property to deliver a best-in-class residential community to Carrollton," said High Street Residential's Joel Behrens.High Street Residential started the Union at Carrollton Square project in 2013."We purchased the first two phases of Union at Carrollton Square from High Street Residential in January 2015," Olympus Property's Anthony Wonderly said in a statement."Over the past two plus years the apartment community has experienced tremendous demand from people wanting to live in downtown Carrollton."The new development will include 4,025 square feet of ground floor retailJHP Architecture designed the development and Andres Construction is the general contractor. Comerica Bank and Southside Bank provided financing.  Continue reading...