Monday, March 20, 2017

Trammell Crow Co. affiliate reaches major milestone on M-Line Tower in Uptown

An affiliated firm of Dallas-based Trammell Crow Co. has reached a major milestone in developing the new M-Line Tower along McKinney Avenue.
High Street Residential, in partnership with Principal Real Estate Investors, has officially topped out on the 20-story, 261-unit tower — meaning its reached its most vertical part of development.
The apartment tower at the northeast corner of McKinney Avenue and Bowen Street will also feature 11,636 square feet of ground floor restaurant space, including Cafe Express and Blue Sushi Sake Grill.

Upon completion, the tower will also be home to McKinney Avenue Transit Authority's new trolley barn, museum and executive offices.

High Street Residential Principal Joel Behrens said the development team is thrilled with the progress of the property and what this tower will mean to the neighborhood.

The developer will provide the transit authority with an allowance for a seventh trolley car, build-out allowance for the new space and new trolley tracks and a switch along Bowen Street.

Construction is slated for completion by the end of the year, with the first apartments available by July. M-Line Tower will begin pre-leasing apartments next month.

The luxury one- and two-bedroom apartments will include upgraded finishes with a number of community amenities, such as a resort-style pool, two-story fitness center, clubroom, outdoor living space, a business center and a rooftop sky lounge with views of the Dallas skyline.

Candace Carlisle/Dallas Business Journal.