Construction is officially underway at Grandscape in The Colony, where JPI has kicked off a $78 million, 277-unit apartment project that will plug hundreds of new renters into the massive retail and entertainment destination. The development, branded Jefferson Grandscape II, is slated to open in 2028 and will sit inside the Grandscape zoning district near the area’s big-box anchors and busy dining corridors. City planners and industry watchers say the new addition is set to tighten the ring of housing around Grandscape’s visitor and sales heavy core.
Project details
As reported by the Dallas Business Journal, JPI is putting roughly $78 million into building 277 apartments under the Jefferson Grandscape II banner. The outlet notes that the developer broke ground in April 2026 and is eyeing a 2028 opening for the community. Details on leasing strategy, floor plan mixes and specific amenities were not included in that report, so those will have to wait for another day.
Where it will sit
City planning documents place Jefferson Grandscape II inside the Grandscape Planned Development district, on about 6.9 acres northeast of the intersection of Grandscape Boulevard and Destination Drive. Those filings, which fold into site plan items for Grandscape Phase II, show the project tying into the broader complex’s parking and access network so residents can move in and out of the property without disrupting the existing traffic pattern. The paperwork is available in the City of The Colony planning agenda.
How it fits the neighborhood
JPI is not exactly a newcomer to Grandscape. The complex already includes a Jefferson Grandscape community, listed in the development’s directory at 4050 Destination Drive, and the new phase is planned to rise among those existing units. Industry pipeline publications such as the Berkadia pipeline report have tracked JPI’s Jefferson roll out across Dallas Fort Worth suburbs and previously pegged Jefferson Grandscape at roughly 319 to 320 units. Local coverage has also kept tabs on new retail and restaurant moves at Grandscape that will give future residents more to walk to, including the Yard House buildout.
What’s next
Jefferson Grandscape II is part of a broader JPI push into the Dallas Fort Worth market. JPI announced a multideal joint venture in 2022 with Madera Residential and WayMaker to develop several Jefferson communities around the region, according to a Business Wire release. For now, expect the usual procession of permitting updates, construction milestones and early leasing notices to surface in city records and developer communications over the next year. We will keep an eye on those filings and announcements as they become public.
