High Street Residential, in partnership with Northwestern Mutual Real Estate, has finalized plans to build Knox Heights, a Class A, six-story mixed-use project featuring 182 luxury residential units and ground floor retail and restaurants along McKinney Avenue just north of Knox Street. Construction is scheduled to commence in 2015.
“We are thrilled with the outcome of a very complex land assemblage and entitlement process,” said Joel Behrens, Senior Vice President of Trammell Crow Company’s Dallas-Fort Worth Business Unit. “The support received from the City of Dallas and the Oak Lawn Committee was crucial in realizing this opportunity. “Knox Heights will replace five aging buildings with shops, restaurants and apartments that will add to the walkability and vibrancy of the neighborhood.”
Sitting on 1.3 acres, Knox Heights will feature 13,500 square feet of ground floor retail, a 2,400 square foot fitness facility and lounge, a 4,500 square foot amenity deck and pool overlooking McKinney Avenue, and a three-level subterranean parking garage. The development team will design the project with sustainable components and seek national green certification.
“We are very pleased with our partnership with Trammell Crow Company,” said Dan Soyka, Director with Northwestern Mutual. “Knox Heights will be a boost to an under-utilized portion of McKinney Avenue just north of the booming intersection at Knox Street.”
About High Street Residential
High Street Residential, a wholly-owned operating subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. Since 2000, the Company has completed 6,125 units in over $1.5 billion in value with a current pipeline of more than 2,100 units valued at $540 million.