JPI Breaks Ground on 425-Unit Multifamily Community in North Dallas Platinum Corridor Submarket

JPI Breaks Ground on 425-Unit Multifamily Community in North Dallas Platinum Corridor Submarket

IRVING, TX - Over the past couple of years, Texas suburbs have dominated the U.S. Census Bureau’s list of fastest-growing cities in the country. To meet the accelerated need for Class A multifamily housing in Frisco, a submarket that has seen unrivaled growth and development, JPI has broken ground on Jefferson at The Gate.

A 425-home luxury multifamily community within Frisco’s The Gate development, Jefferson at The Gate is located on the northwest corner of the Dallas North Tollway and John Hickman Parkway. The master development is set to include more than 650,000 square feet of office space, 130,000 square feet of retail space and a luxury hotel.

“With the rapid and sustained population growth in Frisco, now is an exciting and essential time for development,” said Matt Brendel, senior vice president and development partner at JPI, the most active multifamily developer in Dallas-Fort Worth three years running. “To support the large amount of jobs being created in the Dallas-Fort Worth metroplex, there is an impending need for key housing and infrastructure developments as well. We are excited to deliver this unique, conveniently located community to the residents of Frisco, both established and new.”

“We are excited to partner with JPI on this well-located and thoughtfully designed project,” said Mark Alfieri, chief executive officer at MORE Residential. “This reflects our strategy of building a high-quality portfolio of multifamily properties through partnerships with exceptional development sponsors.”

Jefferson at The Gate is anchored by a host of prestigious corporate centers, including Hall Park, The Star, and Legacy Business Park, which is home to suburban Dallas’ largest concentration of corporate America. Additionally, the expansive Legacy West mixed-used development is located less than two miles away and includes the corporate headquarters for a number of Fortune 500 companies, including Toyota, JCPenney, FedEx, Liberty Mutual and many others.

In addition to being located in the heart of Frisco’s North Platinum Corridor, Jefferson at The Gate will offer trail access and lake views to residents, seamlessly weaving a true live-work-play environment. Additional amenities include: Fifth-floor amenity space; Two resort-style pools; Concierge service; Free wireless connection in all common areas; and State-of-the-art fitness center and yoga studio.

Individual apartment homes will be equipped with kitchen islands, 10-foot ceilings (or higher), granite and quartz countertops, designer appliance packages, full-sized washers and dryers and urban mud rooms.

Source: JPI / #Multifamily #Apartments

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