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THE COLONY, TEXAS — Locally based JPI has broken ground on the $77.8 million Jefferson Grandscape II in The Colony. The 277-unit community is being financed in partnership with Nebraska Furniture Mart and with a loan provided by QuadReal. JPI is now in lease-up on Grandscape I, also located in The Colony. That project was first announced in 2022.
Jefferson Grandscape II will be comprised of studios, one-, two- and three-bedroom floorplans. Select units will also provide mud rooms, walk-in pantries, separate showers and dual vanities, private patios and balconies, and den/flex space. Amenities include a sky lounge with an outdoor terrace, courtyards with fire pits and a resort-style pool. Completion is slated for January 2028.