High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Dallas-Fort Worth  + Apartments  | 
JPI building over 800 apartment units in Grand Prairie

JPI Begins Work on 800 Grand Prairie Apartment Units

Developer JPI has broken ground on the first phase of Jefferson Loyd Park, a Class A development that will bring 450 multifamily homes to Grand Prairie. First occupancy for the first phase of Jefferson Loyd Park is planned for January 2025. Phase two of the project will feature 352 additional homes and is set to begin construction late 2023.

The new community, made up of eight 3-story walkup buildings, will span over 25 acres and will feature urban-style architecture. Amenities include a resort-style pool with cabanas, a fitness center equipped with virtual exercise class offerings, and convenient access to Loyd Park and Joe Pool Lake.

JPI’s Blake Taylor added, “Jefferson Loyd Park will provide residents with a place to call home that is urban yet has easy access to Loyd Park and Joe Pool Lake. It’s the best of both worlds.” 

Partners on the project include the lender, Happy State Bank; architect, Demarest; and civil engineering, Kimley Horn.

Connect

Inside The Story

Payton Mayes

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • Jameson St Apartments

    Weatherford, TXTexas + Apartment Buildings
    Listing Status:Available
    Listing Type:Highest & best offer
    Price:$5,160,000
    No. of Units:60
    Average Occupancy:98
    Year Built:1973
    Building Size:44700 Sq ft
    Lot Size:4.05 Acres
    No. of Stories:2
    APN:R000047582
    No. of Parking Spots:100
    Opportunity Zone:No
    Price per unit:$86,000
    Learn More
  • 3801 E MORELAND DR

    WESLACO, TXTexas + Apartment Buildings
    Listing Status:Available
    Listing Type:Call for offers
    Price:$7,500,000
    No. of Units:78
    Year Built:2005
    Lot Size:77325 Acres
    Opportunity Zone:No
    Price per unit:$96,153
    Learn More
New call-to-action