High Street Residential Breaks Ground on 434 Apartments, 102 Townhomes in Allen, Texas

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and its development partners, have broken ground on two new housing developments at the southeast corner of Custer Road and State Highway 121 in Allen, Texas. The projects include the 434-unit Crestview Apartments and the adjacent Crestview Townhomes, a 102-unit for-rent townhome community. Both developments, part of a larger 60-acre mixed-use project, will be fully delivered by the first quarter of 2027.

The Crestview Apartments, which are being developed in partnership with Abington Properties, will be located at 2050 Peak St. The four- and five-story project will feature a mix of one-, two-, and three-bedroom units ranging in size from 512 square feet to 1,820 sq. ft. Unit amenities will include stainless steel appliances, quartz countertops, LVP flooring, and smart-home technology. Community amenities will be vast, featuring a resort-style pool with cabanas, a grilling area, a state-of-the-art fitness center, office lounge, club room, coffee bar, courtyards and green space, a dog park, and EV charging stations. The first units will begin delivering by the third quarter of 2026, with full delivery expected by March 2027.

The Crestview Townhomes, which are being built in partnership with MetLife Investment Management, will be located next door at 1951 Painted Trail Dr. Consisting of 102 units spread across 8.77 acres, these townhomes will range in size from one to three stories with two- or three-bedrooms. Unit sizes will range from 1,325 sq. ft. to 2,123 sq. ft. In-unit amenities will include stainless steel appliances, quartz countertops, LVP flooring, and smart-home technology. Community amenities will include a resort-style pool with cabanas and grills, a large fitness center, club room and entertainment room, courtyards, and a dog park. The first townhomes are expected to deliver by the first quarter of 2026 with full completion slated for August 2026.

Residents at Crestview will also enjoy three parks totaling over 5 acres.

“Allen, Texas embodies the perfect blend of community charm, economic vitality, and forward-thinking infrastructure, and we see tremendous potential in its continued growth,” said Joel Behrens, a Managing Director with HSR in Dallas. “We’re excited to contribute to Allen’s growth by developing well-crafted and thoughtful housing options that meet the evolving needs of families and professionals alike.”

Both projects have been designed by ESG Architecture and Design and are being built by Andres Construction Management. Other project partners include Spiars Engineering (Civil Engineer), TBG Partners (Landscape Architect and Interior Design), Urban Structures (Structural Engineer), and Jordan & Skala Engineers, Inc. (MEP Consultants). Associated Bank provided construction financing for the Crestview Townhomes while JPMorgan Chase provided construction financing for the Crestview Apartments.

“This townhome development is a reflection of our build-to-rent fund's focus: larger-format homes in great neighborhoods, built in partnership with people who share our commitment to quality housing,” said James Ray, Managing Director, Portfolio Manager, with MetLife Investment Management.