New development in Dallas-Fort Worth metroplex offers families and working professionals spacious, transit-oriented housing near major employment hubs in North Dallas

The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the financial closing and groundbreaking of a 370-unit luxury multifamily community in Carrollton, Texas. Strategically located near job centers in North Dallas and public transit, the development is designed to meet surging demand for larger, high-quality residences in the densely populated Dallas-Fort Worth (DFW) metropolitan area.

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PC: Caleb Schafer

The new community, known as Jackson Road, is located at 2255 N. Broadway Street and will feature one-, two-, and three-bedroom homes with dens. The average unit size will exceed 1,000 square feet, catering to working professionals and families in need of space for remote work and flexible living.

“As the cost of homeownership continues to rise across North Texas, renters are seeking spacious, well-connected communities that support modern lifestyles,” said Alena Savera, Vice President of Development at The NRP Group. “Jackson Road’s expansive floor plans, amenities, and easy access to transit and major employment centers will deliver an elevated living experience for Carrollton residents that’s increasingly hard to find.”

Located near the intersection of the I-35E and the President George Bush Turnpike, the site offers quick access to key job markets in neighboring cities and submarkets throughout North Dallas. The project is also within walking distance to DART’s Green Line and the new Silver Line commuter rail that will connect Carrollton to Plano and DFW Airport.

The 661,000-square-foot development is four levels tall. Each residence within the new rental community will feature high-end finishes, complete kitchens, and in-unit laundry for added convenience. Residents will have access to a range of upscale amenities, including a resort-style pool, a 24-hour fitness center, a landscaped courtyard, a dog park with wash stations, and a fully equipped business center.

The development’s architecture and design draw inspiration from historic train stations, blending classic elements with contemporary, modern aesthetics. The community will also offer walkable access to parks, retail, and dining offerings, tapping into Carrollton’s vibrant and diverse cultural scene.

The Dallas-Fort Worth metro area remains a priority market for The NRP Group. The firm has developed over 7,000 units across more than 30 properties in the region, and recently broke ground on the following new housing developments in the area: Cora, a 340-unit mixed-income housing community in Anna, Texas; Sutton Flats, a 300-unit market-rate multifamily community in Howe, Texas; The Whitley, an upscale 330-unit multifamily community in Princeton, Texas; and Ascent at Mountain Creek, a 324-unit mixed-income housing community in Dallas.

Financial partners for Jackson Road include equity partner H.I.G Capital and lender First Citizens Bank.

Construction commenced this month, with completion and initial occupancy scheduled for Q4 2026.

About The NRP Group

The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 62,000 apartment homes and currently manages over 30,000 residential units.

Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provide the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market-rate, affordable, mixed-income, and senior housing.

The NRP Group has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and has won three NAHB Pillar awards since 2020 for Development, Construction and Ones to Watch. The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market-rate housing at a national scale. Based on over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.

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