Carrollton transit-oriented development will include downtown apartments
Dallas News | Steve Brown | November 14, 2016
Developers have gotten the planning go-ahead to build a new transit-oriented development in downtown Carrollton.
Stoneleigh Cos. — which is building one of Uptown Dallas’ new apartment towers — and Realty Capital will develop the four-story, 234-unit Switchyard apartment community on Broadway Street at College Avenue, just east of Interstate 35E.
The planned rental project is across the street from the downtown Carrollton DART commuter rail station. And the site is at the crossroads with the planned Cotton Belt passenger rail line, which will run to Dallas Fort Worth International Airport.
“We’re looking to break ground in February,” Stoneleigh CEO Rick Cavenaugh said.
He said construction of the two buildings should take 16 to 18 months. Carrollton’s planning and zoning commission recently approved the development.
EDI International is the architect for the project.
Stoneleigh is just finishing its 20-story One Uptown apartment high-rise on McKinney Avenue in Uptown. And the developer has another new rental community in the works just north of Main Street in Frisco.
Stoneleigh’s project will be the second urban rental community built at the downtown Carrollton DART station.
Developer High Street Residential constructed the 311-unit Union at Carrollton Square starting in 2012.