Trammell Crow would build towers on parking lots.
Dallas developer Trammell Crow Co. and Dallas Area Rapid Transit are inching closer to a deal to build a huge mixed-use project at the transit line’s SMU/Mockingbird Station.
The development deal with Crow Co. has been in the works for more than a year and still has a long way to go.
But this week, DART’s board voted to execute a master development agreement for the project.
“Trammell Crow’s plan is to construct an underground parking garage and residential and commercial towers on surface parking lots at the station,” DART said in an announcement.
Building a high-rise project on the parking lots at Mockingbird Station has been a dream of the transit authority and developers for more than a decade.
Last January, DART selected Crow as the developer of the property after considering proposals from multiple real estate firms.
And a year ago, DART detailed Crow’s preliminary plans for the project that would include two 20-story residential buildings with 682 units, 19,000 square feet of retail space plus offices and a hotel on the site just east of North Central Expressway.
A Crow Co. representative said the developer would have no comment on the DART board’s latest action.
By Steve Brown
3:42 PM on Dec 18, 2019