Multifamily Investments
September 2, 2025

The NRP Group Breaks Ground on Jackson Road, a New 370-Unit Luxury Community in Carrollton, Texas

3 minutes read
by Multifamily Summit
The NRP Group Breaks Ground on Jackson Road, a New 370-Unit Luxury Community in Carrollton, Texas

In a significant move that resonates with the ongoing growth trajectory in the Dallas-Fort Worth (DFW) area, The NRP Group has announced both the financial closing and the initiation of construction on a new luxury multifamily community in Carrollton, Texas. This latest development, known as Jackson Road, is set to deliver 370 units explicitly tailored to meet the rising demand for spacious and high-quality living accommodations within the DFW metroplex.

Stakeholders in the multifamily housing market are well aware that burgeoning job centers, especially in highly populated areas, create a ripple effect in residential needs. The strategic placement of Jackson Road at 2255 N. Broadway Street addresses this head-on by providing ample residency space in proximity to both employment hubs and efficient public transit systems.

It is worth noting the intent behind the development's design, which prioritizes generous living spaces, with the average unit size exceeding 1,000 square feet. These one-, two-, and three-bedroom homes, which include dens, cater not only to professionals but also to families seeking the adaptability required for remote work and flexible living arrangements. In the words of Alena Savera, Vice President of Development at The NRP Group, "As the cost of homeownership continues to rise across North Texas, renters are seeking spacious, well-connected communities that support modern lifestyles. 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."

The luxury of such a community does not end with living space. Residents can expect a suite of high-end finishings, comprehensive kitchens, in-unit laundry, and community-oriented amenities, such as a resort-style pool and a 24-hour fitness center. Such features underscore a trend towards multifamily communities that offer not just a residence, but a lifestyle.

Accessibility remains a cornerstone of The NRP Group's development strategy, and Jackson Road exemplifies this with walkable access to various amenities and cultural scenes of Carrollton. Additionally, the design of the community borrows elements from historic train stations, fostering a distinct architectural aesthetic that connects the past with the present.

As The NRP Group maintains its focus on the vibrant Dallas-Fort Worth market with over 7,000 units developed, the financial backing from H.I.G Capital and lending support from First Citizens Bank for Jackson Road is a testament to the confidence in the growth and demand within the area. Scheduled completion in Q4 of 2026, Jackson Road is poised to become a benchmark for luxury, connection, and community in Carrollton – another indicative step in The NRP Group's commitment to developing multifunctional spaces that address modern living desires within fast-growing metropolitan landscapes.

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