The city of Carrollton has approved an agreement to formalize the relationship between the city and High Street Residential, a wholly-owned subsidiary of Trammell Crow Company, on a Downtown Carrollton Transit-Oriented Development (TOD) project; all of which is in preparation of the arrival of the Dallas Area Rapid Transit (DART) light rail in 2010. A Disposition and Development Agreement was approved April 7 after it was brought forth to city council through the recommendation of the TOD Sub-Committee.
“The approval of a development agreement with High Street Residential is the culmination of several years of work by the city to foster development in our Downtown Carrollton Transit Center,” said Mayor Ronald F. Branson. “This catalyst project meets our goal for creating a sustainable, vibrant, livable district that will enhance the entire city.”
“The approval of a development agreement with High Street Residential is the culmination of several years of work by the city to foster development in our Downtown Carrollton Transit Center,” said Mayor Ronald F. Branson. “This catalyst project meets our goal for creating a sustainable, vibrant, livable district that will enhance the entire city.”
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