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TexasMultifamily

The NRP Group breaks ground on mixed-income apartment community in Dallas-Fort Worth

January 30, 2023
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LEFT TO RIGHT: Casey Thomas, Councilman, City of Dallas, District 3; Keith Pomykal, President of the Dallas PFC; Melody Garcia, Executive Director, JPMorgan Chase; Cynthia Homsher, Executive Director, JPMorgan Chase; Kyle Hines, Assistant Director, Dallas Housing and Neighborhood Revitalization Department; Alena Savera, Vice President of Development, The NRP Group; Rod Washington, Dallas Regional Vice President, Frost Bank

The NRP Group, a vertically integrated, award-winning developer, builder and manager of multifamily housing, has officially broken ground on Ascent at Mountain Creek, a 324-unit mixed-income multifamily community located just 15 minutes outside of Downtown Dallas. Fifty percent of the units will be reserved for individuals and families earning 80% or less than the Area Median Income.

Located at 4868 S. Merrifield Road, Ascent at Mountain Creek will comprise 14 three-story, wood-frame residential buildings offering a mix of one-, two- and three-bedroom apartments. As a result of the increased resident demand for larger units to accommodate growing work-from-home preferences, den floor plans for one- and two-bedroom units will also be available. In-unit features will include quartz countertops, backlit mirrors, stainless steel appliances and walk-in closets. Community amenities will include a resort-style pool, dog park, fitness center and resident lounge that can double as workspace for remote workers. 

Located at the intersection of Highway 408 and 1-20, Ascent at Mountain Creek will offer residents easy access to bustling downtown Dallas and is in close proximity to ample retail and dining options. The community is also surrounded by rolling hills, lush forests, and hiking trails, a rarity in the Dallas-Fort Worth market, with Mountain Creek Lake less than 10 miles away. Residents will also be a 10-minute drive from a variety of healthcare, grocery, retail, and recreational offerings, including Methodist Charlton Medical Center, Target, Home Depot, Epic Waters Waterpark, Grand Oaks Golf Club, and more.

Within Ascent at Mountain Creek’s immediate vicinity is a host of employment opportunities for working professionals. Mountain Creek Business Park, a 450-acre industrial park, is home to a wide range of reputable companies, including Nestle, Ulta Beauty, and Chewy, among others. The community is also a short distance away from Dallas Baptist University, complete with 4,480 enrolled students and 132 full-time employees. 

Early lease-up of the community is expected to occur in October 2023, with a completion date slated for September 2024.

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