Development

FRISCO, TEXAS — Locally based developer JPI has completed Jefferson Railhead and Jefferson Parkhouse, two apartment communities totaling 903 units in Frisco, located north of Dallas. The projects represent the first and second multifamily phases of Frisco Railhead, a $3 billion mixed-use development. Jefferson Railhead offers studio-, one- and two-bedroom units that are now 60 percent occupied. Jefferson Parkhouse offers similar floor plans, as well as three-bedroom units, and is now 17 percent occupied. Amenities at both properties include pools with cabanas and sundecks, fitness centers and coworking lounges with private conference and whisper rooms. Frisco Railhead will ultimately comprise 1,300 multifamily units, a 17-story hotel with condominiums on the top two floors, 36,000 square feet of retail space, a 1.5 million-square-foot office campus and a 5-acre central park. 

FRISCO, TEXAS — Hillwood, the Fort Worth-based company that owns AllianceTexas, has broken ground on Bonham & Baker, a 410-unit multifamily project that will be located within the 242-acre Frisco Station mixed-use development on the northern outskirts of Dallas. Bonham & Baker will feature one- and two-bedroom apartments and two- and three-bedroom, two-story townhomes. Amenities will include a two pools, resident lounge and coffee bar, wine lounge, coworking space with private offices and a conference room, two fitness centers, a dog park, game room, wine bar, sports lounges and outdoor grilling and dining areas. Good Fulton & Farrell is serving as the project architect, and Rampart Multifamily is as general contractor. J.P. Morgan is financing construction. Preleasing is expected to begin in the spring of 2027, with the first units set to be available for occupancy in summer 2027. Full completion is slated for spring 2028.