{"id":248064,"date":"2026-04-13T20:25:40","date_gmt":"2026-04-13T20:25:40","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/248064\/"},"modified":"2026-04-13T20:25:40","modified_gmt":"2026-04-13T20:25:40","slug":"developers-break-ground-on-281-unit-multifamily-community-in-richardson","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/248064\/","title":{"rendered":"Developers break ground on 281-unit multifamily community in Richardson"},"content":{"rendered":"<p>\t\t\t\t\t\t\t<a href=\"https:\/\/www.highstreetresidential.com\/\" rel=\"nofollow noopener\" target=\"_blank\">High Street Residential<\/a> and JV partner <a href=\"https:\/\/www.tokyu-land.co.jp\/english\/\" rel=\"nofollow noopener\" target=\"_blank\">Tokyu Land Corporation<\/a> broke ground on a new multifamily community in downtown Richardson on April 6.<\/p>\n<p>The four-story building is expected to be completed by late 2027, according to a <a href=\"https:\/\/richardsontoday.com\/core-district-development-part-of-private-public-partnership\/\" rel=\"nofollow noopener\" target=\"_blank\">news release<\/a> from the city.<\/p>\n<p>The overview<\/p>\n<p>The 281-unit multifamily community, located at 110 E. Polk St., replaces two existing buildings and a surface parking lot. The apartments will range from studios to two-bedrooms and from 590 to 1,340 square feet.<\/p>\n<p>\u201cWe see this project as a catalyst for the future of Downtown Richardson. It will build on the existing momentum, bringing new energy and investment to the heart of the city,\u201d said Kevin Hickman, a principal with High Street Residential in Dallas, in the release.<\/p>\n<p>The apartment complex will have direct access to the 4.2-mile Central Trail and will be within walking distance of Main Street.<\/p>\n<p>Planned amenities include coworking areas, a pool, grilling stations, a fitness center and a dog-wash station.<\/p>\n<p>How we got here<\/p>\n<p>The development represents a public-private partnership between the city of Richardson and High Street Residential, the residential subsidiary of <a href=\"https:\/\/www.trammellcrow.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Trammell Crow Company<\/a>, City Manager Don Magner said.<\/p>\n<p>The city provided Tax Increment Financing support to facilitate additional public infrastructure projects alongside the multifamily development, including a complete reconstruction of Polk Street with new bike lanes, sidewalks and street parking. The development will also include a new public green space and 75 parking spaces available to the public within a shared garage.<\/p>\n<p>Magner said the city has been working toward redeveloping this property for over a decade.<\/p>\n<p>\u201cTransformational projects like Polk Street don\u2019t happen by accident,\u201d Magner said at the groundbreaking. \u201cThey are the result of intentional planning, strong partnerships, and a shared belief in what this area can become.\u201d<\/p>\n<p>&#8220;&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"High Street Residential and JV partner Tokyu Land Corporation broke ground on a new multifamily community in downtown&hellip;\n","protected":false},"author":2,"featured_media":248065,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[21886,36009,993,4147,94263,94262,160,162,161,959],"class_list":{"0":"post-248064","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-plano","8":"tag-apartments","9":"tag-core-district","10":"tag-downtown","11":"tag-groundbreaking","12":"tag-high-street-residential","13":"tag-multifamily-community","14":"tag-plano","15":"tag-plano-headlines","16":"tag-plano-news","17":"tag-richardson"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/248064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=248064"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/248064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/248065"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=248064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=248064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=248064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}