Wednesday, May 27, 2015

Trammell Crow Residential plans East Dallas apartment community

Trammell Crow Residential is joining the migration of apartment builders that are staking out development sites in East Dallas.
Crow Residential plans to redevelop a block at Fitzhugh Avenue and Monarch Street into an urban rental community.

The project is in the same area where JLB Partners and UDR have already built large apartment communities.
Crow’s project will replace old apartments and some homes on an entire block, just south of Henderson Avenue and west of Ross Avenue. The development will have 371 units, according to Crow Residential senior managing director Steve Bancroft.
“We are naming it Alexan Henderson,” Bancroft said.
Crow Residential already has new apartment communities on Ross Avenue near downtown, in Oak Lawn and north Oak Cliff.
And the developer has rental projects under construction in Uptown and Las Colinas.
The Crow Residential project is one of two new apartment developments in the works along Fitzhugh east of North Central Expressway.
JLB Partners is building more than 300 units at Fitzhugh and Homer Street.
And a new CVS Pharmacy will replace old retail at Fitzhugh and Capitol near the new apartments.
Steve Brown/Dallas Morning News