JPI Breaks Ground on New 373-Home Community in The Colony, Texas

New community to bring 373 homes to The Colony, TX in 2027

THE COLONY, Texas – March 3, 2025 – JPI, a leader in Class A multifamily development, has officially broken ground on Jefferson Morningstar, a new 373-unit, four-story, garden-style multifamily community in The Colony, Texas. This project marks JPI’s first partnership with Nomura Real Estate Development Co., Ltd., and is a significant milestone in the development of this rapidly growing area. Additionally, JPI is partnering with Yoram Avneri, the original owner of the land, to bring this exciting project to fruition.

Jefferson Morningstar will be ideally situated near major employers in the Dallas-Fort Worth metroplex, including those in Plano and Frisco. The community will offer a variety of studio, one-, two-, and three-bedroom apartments, designed to cater to a broad spectrum of residents. With high-end finishes and modern amenities including a fitness center, dog park, co-working spaces, and a clubhouse overlooking a resort-style pool, Jefferson Morningstar promises to deliver an exceptional living experience. The development will create a vibrant live-work-play environment that balances comfort with convenience.

“We are thrilled to bring Jefferson Morningstar to The Colony, adding a premier community to a rapidly growing area that continues to attract both residents and businesses,” said Aaron Douthit, Central Region Development Partner at JPI. “This project is a crucial step toward meeting the region’s growing demand for high-quality housing.”

“This development exemplifies our commitment to building sustainable, high-quality homes that support the community’s growth and meet the evolving needs of residents,” said Payton Mayes, CEO, JPI.

The first homes at Jefferson Morningstar are expected to be available for lease in 2027.

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