JPI has broken ground on the first phase of Jefferson Loyd Park, a Class A development with 450 multifamily homes, in Grand Prairie, Texas. Comprised of eight, three-story walk-up buildings, the 25-acre community will feature urban-style architecture and offer a range of amenities.
"This is a really exciting project for us," says Blake Taylor, senior vice president and regional development partner for JPI. "Not only are we able to bring a substantial number of homes to a growing area, but in such a unique location. 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."
Providing quick access to an array of retail and dining options, the community is positioned along state Highway 360. Within the community, residents will enjoy a resort-style pool with cabanas and a fitness center equipped with virtual exercise class offerings.
With the addition of Jefferson Loyd Park, JPI's total count of homes in development stands at over 7,600, with more than 6,200 of those under construction in North Texas alone, the firm notes.
"Jefferson Loyd Park Phase 1 marks JPI's third project in Grand Prairie in the last 18 months, so we have become very familiar with their quality and standard of work," says John Lopez, District 4, mayor pro tem for Grand Prairie. "Our priority is to enhance the quality of life for the community, and we believe that this new project will do just that by bringing top-of-the-line mixed-use housing to an area of town that has so much to offer."
Happy State Bank, architect Demarest, and civil engineer Kimley Horn are partners on the project. The first phase is planned for first occupancy in January 2025, and phase two will feature 352 additional homes. Construction on the second phase is slated for later this year.