T
rammell Crow Company's multifamily arm, High Street Residential, is poised to make its mark in Charlotte with a new development that promises to shake up the city's housing landscape. The project, which will span 32 acres at North Tryon Street, aims to deliver a mix of attached homes and apartments, totaling up to 190 units.
This venture marks a significant expansion for Trammell Crow Company, which re-entered the Carolinas in 2021 and has been steadily increasing its presence in Charlotte. The company's multifamily division has a proven track record, having completed nearly $5 billion worth of developments over the past 15 years and boasting a pipeline of over 13,000 units.
Led by Tom Burr, who joined Trammell Crow last June to spearhead regional multifamily strategy, this project represents a deliberate shift towards lower-density multifamily formats in suburban and university-adjacent neighborhoods. This approach diverges from the typical high-rise product found closer to Uptown, signaling High Street Residential's intent to explore new opportunities in Charlotte.
As Trammell Crow Company continues to expand its presence in the city, it joins a growing list of developers working on multifamily projects in Charlotte, including Fairfield Residential and Cordo apartment complex. With this new development, High Street Residential is poised to make a lasting impact on the city's housing market.
