Trammell Crow Co. affiliate reaches major milestone on M-Line Tower in Uptown

An affiliated firm of Dallas-based Trammell Crow Co. has reached a major milestone in developing the new M-Line Tower along McKinney Avenue.

High Street Residential, in partnership with Principal Real Estate Investors, has officially topped out on the 20-story, 261-unit tower — meaning its reached its most vertical part of development.

Click to read more at Dallas Business Journal.

Dallas’ KDC to add 17-acre park to $1.5B CityLine development in Richardson

A Dallas-based development firm has started construction on the initial phase of Fox Creek Park at the $1.5 billion CityLine mixed-use development in Richardson, which is also home to the regional hub for State Farm Insurance.

The initial phase includes 11 acres of the 17-acre park, which will join CityLine Park within the corporate magnet.

Click to read more at Dallas Business Journal.

McKinney picks KDC, other developers to build new corporate magnet

The Dallas-based developer behind part of Legacy West is getting ready to create another corporate magnet in North Texas.

KDC has begun laying the groundwork for its master development agreement with the City of McKinney and the McKinney Economic Development Corp. to develop the city’s Gateway site at the interchange of the Sam Rayburn Tollway and U.S. 75

Click to view more at Dallas Business Journal.

Luxury lofts in Dallas’ Medical District sell to Chicago-based investment group

A luxury loft-style apartment community in Dallas’ Medical District, which sits two blocks from a DART rail station, has sold to a Chicago-based investment firm. Terms of the deal were undisclosed.

Sherman Residential, a division of a Chicago-based, family-owned firm Benj. E. Sherman & Sons Inc., acquired the Maple District Lofts, a recently-completed, 342-unit apartment community at 5415 Maple Ave. in Dallas.

Click to view more at Dallas Business Journal.