For the third year in a row, an Irving developer has wound up at the top of the list of North Texas’ busiest apartment builders.
JPI says it now has more than 4,200 apartment units under construction in projects throughout the D-FW area.
The 30-year-old company just announced plans for new apartment developments in Farmers Branch and Grapevine.
“Our research shows that North Texas will be a top U.S. market for apartment development again this year,” said Matt Brendel, senior vice president and development partner at JPI. “With the strong job growth that we have seen over the recent past and foresee in the near future, we predict that Dallas-Fort Worth will continue to attract new residents at a healthy pace.”
Along with JPI, other top apartment builders in North Texas include Davis Development, Wood Partners, Billingsley Co. and Trammell Crow Residential.
JPI also has offices in California, Arizona and New York.