Carrollton, Texas

High Street Residential Sells 352-Unit Olympus on Main in Carrollton, Texas

April 20, 2020

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Media Contact

Elise Maguire Ferrara

Senior Manager, U.S. Communications & Media

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High Street Residential, the residential subsidiary of Trammell Crow Company, along with its partner, Olympus Property, announces the sale of Olympus on Main, a 352-unit multifamily property located at 1011 South Main Street in Carrollton, Texas, to Nimes Real Estate. The property, which also includes 4,025 square feet of ground-floor retail space leased by Barrel and Bones, is the third phase in the Union at Carrollton Square transit-oriented development. The project has delivered more than 660 multifamily units, including ground floor retail, to the city of Carrollton, with more multifamily units slated to deliver by the end of 2020.

“For over a decade, we have been working closely with the City of Carrollton to create a thoughtfully designed, transit-oriented community. Olympus on Main, the third phase of this development, delivered high-end units that met the increased need for residential apartments and mixed-use space in this area,” said Joel Behrens, Principal of High Street Residential. “This development has helped in creating an identity for Downtown Carrollton, energizing the city and its residents. We are excited to shift our focus to the fourth phase of this project, Olympus on Broadway, which will deliver 383 multifamily units by the end of 2020.  

Olympus on Main, situated on four acres, consists of three four-story multifamily buildings. The development has an extensive resident amenity collection, including an upscale resort-style pool, sunbathing shelves, fire pit, multiple outdoor courtyards, a 24-hour fitness and wellness center, community workspaces, business center with access to Mac computers, entertaining  lounge with TVs, billiards, coffee bar and resident kitchen, WiFi throughout all amenity spaces, and a controlled-access parking garage. 

Olympus on Main provides residents with a unique walkable urban lifestyle in the heart of Downtown Carrollton Square, which is filled with a dynamic mix of energetic and eclectic restaurant and shopping destinations. Olympus on Main is located adjacent to the Downtown Carrollton Green Line DART station, which provides residents a short commute to Uptown Dallas, the Dallas CBD, DFW Airport and the Las Colinas Urban Center. The DART services 93 miles of light rails with 64 light rail stations providing access to 13 cities.

 

Trammell Crow Company

Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of December 31, 2023, TCC had $15.8 billion of projects in process and $13.3 billion in its pipeline. It employs 650 professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.