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TexasMultifamily

JPI marks groundbreaking of 277-unit multifamily project in The Colony

April 15, 2026
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Image courtesy of JPI.

JPI celebrated the groundbreaking of Jefferson Grandscape II, a 5-story, 277-unit Class A+ wrap community located at 5500 Nebraska Furniture Mart Dr. in The Colony, Texas.

Financed in partnership with Nebraska Furniture Mart, with lending support from QuadReal, the $77,837,000 multifamily project will bring new housing options to the region in January 2028.

It will also be JPI’s first development connected to an existing parking garage, providing residents with convenient, covered access while maximizing efficiency for the overall site.

Designed with a modern masonry façade, the new apartment community will feature 11 studios, 172 one-bedroom apartments, 86 two-bedroom apartments and 8 three-bedroom apartments. 

All 277 units will offer premium home features, including smart home devices, pendant lighting, wood-style flooring and blinds, granite countertops with ceramic tile backsplash, stainless steel kitchen appliances and spacious closets. Select units will also provide mud rooms, walk-in pantries, separate showers and dual vanities, private patios and balconies, and den/flex space.  

Across the community, luxurious amenities, such as a sky-lounge with an outdoor terrace, courtyards with fire pits, and a resort-style pool with loungers and sundecks, will create abundant opportunities for social connection, wellness and enhanced living experiences. 

The community’s residents will also have convenient access to a wide variety of dining and entertainment options at Grandscape, as well as easy travel via the Sam Rayburn Tollway.

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