JPI Planning Large-Scale Mixed-Residential Fort Worth Community
JPI’s latest project is slated to contain multifamily buildings, single-family homes, duplex homes and an amenity center with an outdoor pool and courtyard. The new residential development has an estimated price tag of about $92 million. Public filings put the project in south Forth Worth.
The development, dubbed “Primrose Hybrid South,” is expected to break ground early next year. Primrose Hybrid South is expected to total over 529,000 square feet on build-out. The project is slated for delivery in 2025.
JPI delivered over 2,000 multifamily units last year and currently has over 5,800 units in development.
JPI announced a joint venture partnership with Dallas-based Waymaker Partners and Madera Residential of Lubbock earlier this year. The agreement includes five multifamily communities set to add 1,750 rental units in North Texas.
- ◦Development