Primrose Hybrid South is anticipated to complete over 529,000 sq. ft on build-out. The project is slated for supply in 2025.
FORT WORTH, Texas — A brand new residential growth with an estimated price ticket of about $92 million is inbound for south Fort Worth.
Located alongside Brewer Boulevard, the project will comprise multifamily buildings, single-family houses, duplex houses and an amenity middle with an out of doors pool and courtyard. The growth, dubbed “Primrose Hybrid South,” is anticipated to interrupt floor early subsequent yr, in keeping with a submitting with the Texas Department of Licensing and Regulation.
Primrose Hybrid South is anticipated to complete over 529,000 sq. ft on build-out. The project is slated for supply in 2025.
The project seems to be related to Irving-based JPI. The project’s proprietor is listed as “JPI Companies,” and the proprietor’s deal with matches that of JPI’s Irving places of work.
JPI is the most active multifamily developer in North Texas by native items. The agency delivered over 2,000 multifamily items final yr and at the moment has over 5,800 items in growth, in keeping with earlier reporting by the Business Journal.
JPI announced a joint venture partnership with Dallas-based Waymaker Partners and Madera Residential of Lubbock earlier this yr. The settlement contains 5 multifamily communities set so as to add 1,750 rental items in North Texas. These embody the Jefferson Railhead, Jefferson Grandscape, Jefferson Cedar Ridge, Jefferson Northlake and Jefferson Peninsula. All of the initiatives are set to be delivered by way of 2025.
The agency has plans to begin development on Dec. 15 on a neighborhood in Anna, called Villages of Waters Creek. The scope of labor contains new development of multifamily buildings, single-family houses, duplexes and an amenity space with an out of doors pool and courtyard, in keeping with a planning doc filed with the state.
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