A Dallas-based developer has broken ground on mid-rise apartments near Southern Methodist University — the first phase of a planned mixed-use, transit-oriented development around Dallas Area Rapid Transit’s Mockingbird Station.
Trammell Crow Company’s High Street Residential has begun work on a seven-story apartment building and a 500-space below grade parking garage, said Joel Behrens, market leader of the firm’s Dallas-Fort Worth office.
Construction is expected to finish in the final three months of 2027. The complex, located at the northeast corner of Twin Sixties Drive and Worcola Street, will hold 394 apartments.
The units include a mix of studio, one- and two-bedroom apartments. Sizes range from 584 to nearly 1,500 square feet with leasing to begin in spring 2027, Behrens said.
D-FW Real Estate News
Noteworthy amenities at the complex will include a resort-style pool with fire pits and grilling stations, direct access to the University Crossing hike-and-bike trail, and a seventh-floor skydeck with views of the Dallas skyline. The area will also include a private dining room and balcony.
The 500-space, below-grade parking garage will be open to DART passengers and Mockingbird Station visitors.
The project is part of a multi-phase development on 16 acres of underutilized DART-owned surface parking. Future phases of the development may include additional residential, hotel and office uses, Behrens said.
“The area’s energy, anchored by SMU and a thriving mix of retail and dining, makes it an incredibly attractive place to live, and we’re excited to help shape the neighborhood,” he said.
Behrens declined to say how much Crow Co. planned to invest in the project. A filing with the Texas Department of Licensing and Regulation in April 2025 puts estimated construction costs for the apartments at $80 million.
In 2024, city officials estimated the project’s value at $123 million.
The project has been nearly a decade in the making. Crow Co. has been working since 2018 to develop the apartments.
In 2019, DART agreed to a 99-year lease of the land to the developer.
Original plans called for an 18-story residential high-rise, but the firm adjust plans based on market conditions.
“This project provides a glimpse into what’s possible for North Texas,” Jeamy Molina, a DART executive vice president and spokesperson, said in a statement.
“A future where striped pavement is transformed into a community that enjoys the independence of mobility choices and the amenity of connectivity without traffic congestion,” she added.
The city of Dallas pledged $29 million in city tax increment finance district funds to support public infrastructure improvements at the site and to provide affordable units in the development.
Crow Co. agreed to set aside 20% of the units for residents making 80% or less of area median income.
The apartment project was designed by Dallas-based architecture firm GFF Design and is being constructed by Andres Construction Services. Other partners include Spiars Engineering, Ellie Aiello Interiors, The Office of James Burnett, Urban Structure, and Schmidt & Stacy Engineers.
Other Crow Co. projects nearby include a 12-story luxury office tower on McKinney Avenue, where Tex-Mex restaurant Chuy’s was once located.
The 300,000-square-foot development, called Knox & McKinney, will feature office and retail. Partners on that project include BDT & MSD Partners, The Retail Connection and Highland Park Village Associates.
Crow Co. is a commercial real estate developer and wholly-owned subsidiary of CBRE.
Dallas leaders say downtown didn’t fit with AT&T headquarter plans
The mayor and city manager said AT&T preferred a “horizontal” campus to Dallas’ skyscrapers.
The most eye-popping D-FW real estate deals in 2025 and other news
This and other current news on sales, leases and deals in North Texas.