JAG & CP Capital Launch J Veridian in Upper Dublin
Jefferson Apartment Group (JAG) and equity partner CP Capital proudly announce the launch of J Veridian at Upper Dublin, a 310-unit Class A community located in Fort Washington, Pennsylvania, a sought-after suburb of Philadelphia. The development spans 14 acres, with three 5-story buildings and 8 acres of open space. This ambitious project underscores JAG’s commitment to East Coast multifamily excellence and marks a major step in their regional expansion.
The launch of J Veridian at Upper Dublin reflects the continued success of JAG’s East Coast development strategy. The community, located at 1125 Virginia Drive, provides a prime example of modern, luxurious living in a suburban environment. With its extensive amenities and a prime location offering easy access to Philadelphia, J Veridian aims to meet the growing demand for quality housing in the Greater Philadelphia area.
The launch of this community features a variety of world-class indoor and outdoor amenities designed to provide residents with exceptional living experiences. Inside, the development offers 12,000 square feet of amenity space, which includes a grand clubroom and bar, game areas with billiards, shuffleboard, and arcade gaming, a lounge with a double-sided fireplace, and a poker room. Residents will also have access to a leading-edge fitness center, a resident movie theater, a private dining room, and a co-working area with soundproof office pods.
On the outside, the development features resort-style amenities, including two pickleball courts, a dog park, community garden plots, a swimming pool, grilling stations, fire pits, abundant lounge areas, and multiple pocket parks. These features make J Veridian at Upper Dublin a standout community for residents looking for both convenience and a high quality of life. The community is designed to cater to a variety of lifestyles, with unit options ranging from 1- to 3-bedroom floorplans, all featuring JAG’s signature luxury finishes, including top-line quartz countertops, stainless steel appliances, tile backsplashes, and plank flooring throughout.
The launch of J Veridian also takes advantage of its prime location. Fort Washington offers easy access to major highways, including the Pennsylvania Turnpike (I-276), and is within a 20-minute drive to King of Prussia, 30 minutes to Center City, and 90 miles from New York City. Additionally, the development benefits from its proximity to a range of retail options, including Wawa, LA Fitness, CVS, Walmart, Sam’s Club, Sprouts, Lululemon, Chipotle, Chick-fil-A, and Starbucks. This location ensures that residents have everything they need right at their doorstep.
Drew Chapman, Senior Vice President and Development Partner at JAG, expressed enthusiasm about the launch of J Veridian at Upper Dublin: “This project pulls out all the stops for resident life and is a wonderful addition to a sought-after suburb of Philadelphia. Our partners at CP Capital recognized the strength of this development opportunity, and we’re excited to deliver on the vision for this fully-amenitized community.”
Jay Remillard, Co-Head at CP Capital, echoed Chapman’s sentiments: “JAG is a proven leader in East Coast multifamily, and we are happy to have forged a new partnership with them for J Veridian at Upper Dublin. It’s a standout development in a prime location with a formula for success—easy access to Philadelphia, exceptional schools, major employers, and abundant lifestyle and recreation offerings.”
The community offers surface parking, private garage options, and electric vehicle (EV) charging stations. With its modern amenities, luxurious living spaces, and an unbeatable location, J Veridian at Upper Dublin is set to become a highly desirable community for renters in the region.
The launch of this project follows a strong track record for JAG in the Philadelphia area. The company has previously delivered Rivermark at Northern Liberties, a 470-unit luxury community on the city’s Delaware River waterfront, and has developed additional multifamily communities in West Chester, Wynnewood, Exton, and Mount Laurel. JAG’s development expertise in the region continues to grow, with plans for more projects in the near future, including one in Burlington, New Jersey.
As JAG celebrates the launch of J Veridian at Upper Dublin, the company remains focused on its mission to create high-quality, innovative, and environmentally responsible communities across the East Coast. Their partnership with CP Capital underscores their commitment to delivering exceptional multifamily developments that meet the needs of today’s renters. With the completion of this project, JAG continues to expand its presence in the Greater Philadelphia area and remains a leader in the region’s real estate market.
About Jefferson Apartment Group
Jefferson Apartment Group (JAG) is a full-service real estate firm specializing in the development of luxury multifamily and mixed-use properties along the East Coast. Headquartered in McLean, Virginia, JAG also has offices in Boston, Philadelphia, Charlotte, and Orlando. Founded in 2009, the firm is committed to creating high-quality, environmentally responsible communities that provide innovative and sustainable living solutions for today’s residents.
About CP Capital
CP Capital is a U.S.-based real estate investment manager specializing in multifamily assets. The firm has invested in nearly $16 billion of real estate and is known for its disciplined investment strategy. CP Capital has a strong track record of partnering with best-in-class developers and managing value-add rental apartment investments across the U.S.
