JPI, Most Active Multifamily Developer in DFW, Announces Latest Communities: Jefferson Galatyn Park

DALLAS - Jan. 29, 2016 - PRLog -- JPI (http://jpi.com/), a national developer, builder and investment manager of Class A multifamily assets, is proud to announce it has been named the most active multifamily developer in Dallas/Fort Worth according to research firm AXIOMetrics. With 1,886 apartment homes currently under construction and another 746 recently completed in 2015, JPI sets its eyes on continuing to deliver quality multifamily communities with leading-edge services and amenities into 2016 and beyond.

“The DFW real estate market is extremely competitive, so securing the top ranking for most apartment homes under construction is a great milestone for JPI,” said Matt Brendel, JPI’s senior vice president and development partner. “We look forward to increasing momentum this year and are confident the quality of our community developments will continue to set us apart in the industry.”

The announcement comes after the close of two communities into construction: Jefferson Galatyn Park, a 5.37-acre urban development located one mile south of the new CityLine development and Jefferson on Lake Carolyn, a 7.23-acre development inside the Las Colinas Urban Center.

Jefferson Galatyn Park:
Jefferson Galatyn Park is located in Richardson near the new State Farm and Raytheon headquarters, just south of the Galatyn Park DART station at the intersection of Galatyn Parkway and Performance Drive.

The Jefferson Galatyn Park community boasts 379 apartment homes for rent ranging from 600 to 1,450 square feet.Residents can choose between one-, two- and three- bedroom homes as well as loft-style homes, with top-of-the-line features including custom quartz countertops, 10-foot ceilings, and full-size washers and dryers. Select apartment homes also include private yards with easy access to public sidewalks and the DART red and orange rail lines.

The creative architectural design invites residents to gather in the community’s public spaces. Amenities include four courtyards, a community rooftop terrace, beer garden, dog park, luxury pool, structured parking and a large two-story clubhouse.

The design team included JHP Architecture, with civil engineering and landscape design by Kimley-Horn and interior design by SJL Design Group (SJL).

Opening is set for summer of 2017.

Jefferson on Lake Carolyn:
The contemporary Jefferson on Lake Carolyn community is located in Las Colinas at the intersection of Lake Carolyn Parkway and California Crossing Road, inside the Las Colinas Urban Center. Residents have easy access to local entertainment with the Irving Music Factory and Water Street and are within walking distance to the orange DART line Las Colinas Urban Station, which now connects to the DFW International Airport.

There will be 422 apartment homes available for rent.Residents can choose between one-, two- and three-bedroom homes ranging from 600 to 1,500 square feet with leading-edge amenities including quartz countertops, 10-foot ceilings and full-size washers and dryers. With contemporary architecture and plentiful amenities including structured parking, a luxury pool, large clubhouse and lushly landscaped courtyards, the residents’ experience is enhanced by promoting a strong sense of community.

The design team included Womack + Hampton Architects, with civil engineering by Glenn Engineering, landscape design by Kimley-Horn and interior design by SJL Design Group.

Opening is scheduled for summer of 2017.

These two Class A communities add to JPI’s growing project list in the DFW area including JPI’s newly completed Jefferson Las Colinas (http://www.jeffersonlascolinas.com/), a 6.6-acre Class A urban development.

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About JPI:
JPI currently has nearly 3,100 units under construction in Texas, California, Arizona, New York and Massachusetts and has asset management responsibilities for more than 5,600 units nationwide.  JPI has plans to develop an additional 4,000 units over the next 18 months that are in various stages of planning and pre-development and is currently raising capital to complement its venture platforms in order to fund its expansion and business plan. The firm offers investment management, pre-development, underwriting, marketing and asset management services as well as construction, financial and administrative services. To learn more about JPI, please visit www.jpi.com.