JPI jumps into Austin with its 906 units

AUSTIN – With three Austin-area multifamily projects, Irving-based JPI has expanded its presence in the area with a new local office and team leader.

JPI’s Austin developments total 906 units, and include:

• Cielo: 326 units completed April 2014, located on 38 acres in Bee Cave/Lake Travis area
• Madrone: 228 units completed April 2015, located on 40 acres in Bee Cave/Lake Travis area
• Sur512: 352 units expected to be complete April 2016, located on nine acres on South Congress.

“JPI is excited to re-establish roots in the Austin market,” says Ben Montgomery, managing regional partner for JPI’s southern region. “With the positive investment catalysts driving the Austin economy, the opportunity for growth is apparent and long-term.”

tag: Austin-Round Rock Market Research, Austin-Round Rock NewsTalk multifamily