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

The firm has hired industry veteran Dustin Slack as vice president and development partner for the Austin office.

“The demand for multifamily in the Austin market is high, and while we have an extensive history in the Austin market, we have not had a local office since 2003,” Ben Montgomery, managing regional partner for JPI's southern region, told GlobeSt.com. “With the positive investment catalysts driving the Austin economy, JPI sees the opportunity for growth in the market and believes we can better serve our investors with a firm presence in the city. Dustin's respected reputation along with years of experience in the industry makes him the perfect fit to lead our new office. We are pleased to have him on the team.”