JPI Breaks Ground on $34-Mil Multifamily Complex

BOCA RATON, FL-Aiming at the young professionals market, Dallas-based JPI has broken ground on Jefferson at Camino Real, a $34-million, 235-unit midrise Downtown apartments and townhome complex at Camino Real and SE 9th Street, 50 miles north of Miami. The project is targeting a spring occupancy.

Monthly rents will range from $1,000 to $2,500 for one, two and three-bedroom units sized from 754 sf to 1,582 sf.

Thirty-six luxury, two-story townhouses will be situated along the base of a 199-unit, nine-story midrise. The two-acre site will also house a six-story concealed parking garage. Amenities include a theater, a 4,000-sf-clubhouse with fitness, sauna, steam, and massage rooms, and a racquetball court. pool and Jaccuzzi are also being built.