SW-Parkway-Grand-Prairie

JPI Closes on Financing for $114 Million North Texas Project

by Lynn Peisner

GRAND PRAIRIE, TEXAS — JPI has closed on financing through lender Anchor Loans for the $114 million Jefferson Southwest Parkway project. The 439-unit garden style property is slated for a 2027 completion. Floor plans include studios, one-, two- and three-bedroom units. Amenities will feature a resort-style pool, a fitness center, a dog park and a clubhouse. JPI broke ground in 2025 on Jefferson Kirbybrook, a 262-unit community also located in Grand Prairie. According to the Dallas Business Journal, the Jefferson Kirbybrook development cost is $92 million.

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