High Street, CBRE Investment Management JV starts construction on multi-phase community outside Austin

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and JV partner CBRE Investment Management, on behalf of a fund it manages, began construction on The Merle on Howard, a three-phase residential community spread across 60 acres in Pflugerville, Texas. Phase 1, which spans 17 acres, will include 444 units, including 15 garden-style apartment buildings and five townhome buildings. The community is slated to welcome its first residents in the fall of 2025.

Residents of The Merle on Howard’s amenities will include an 11,000-square-foot resident clubhouse with a dedicated work-from-home space, an expansive fitness center and a golf-simulator lounge. The resort-style pool will feature a pool house, ample lounge seating and poolside cabanas. Residents’ pets will have access to a 9,000-square-foot dog park with a splash pad, along with pet-wash stations. EV-charging stations will be distributed throughout the community and 141 private garages will