JPI to Start Work on $90M Austin Apartment Project

JPI has closed on a 9.32-acre site in Austin, Texas, where it will build Jefferson Pearson Ranch, a $90 million, 342-unit, Class A community in the Pearson Ranch mixed-use development. The Dallas-based company is scheduled to break ground in August, with completion slated for 2028.

The project in the 156-acre, 2.6 million-square-foot Pearson Ranch mixed-use development. The community, located at Pearson Market Circle and Spectrum Drive in Northwest Austin, will include a mix of multifamily, hospitality, office, retail, dining and community spaces. 

Select units will have private patios, balconies or fenced yards, along with mudrooms, flex spaces, dry bars and bathrooms with soaking tubs. 

Community amenities at Jefferson Pearson Ranch will include a standalone fitness center with indoor and outdoor workout space, a pool with sundecks and a cabana, a resident lounge, a coworking space, a private conference room and whisper rooms, large grills and outdoor kitchens.