The NRP Group, a leading developer, builder, and manager of multifamily housing, has partnered with the City of Mesquite Housing Finance Corporation to announce the financial closing and groundbreaking of The Fielder, a 288-unit affordable housing community in Mesquite, Texas. This new development will provide housing options for residents earning between 50 to 70 percent of the Area Median Income (AMI).
“In a city facing a significant workforce housing shortage, this development will offer much-needed affordable housing at a time when more than half of Mesquite renters are burdened by housing costs,” said Nick Walsh, Vice President of Development at The NRP Group. “We are honored to partner with the City of Mesquite and its Housing Finance Corporation to bring high-quality, affordable housing to the area at such a critical time.”
Located at 1300 Wooded Lake Drive, near the intersection of Interstate 30 and LBJ Freeway, The Fielder offers convenient access to downtown Dallas and is just minutes away from the newly completed Urban District 30, a one-million-square-foot industrial park spanning 82 acres. As the Dallas region’s population continues to grow, The Fielder will provide much-needed housing for employees in the surrounding area. This development marks the first collaboration between a private developer and the City of Mesquite.
“The NRP Group has been an exceptional partner throughout this process. They are dedicated to delivering a quality development that aligns with our goals for diverse housing options. The Fielder is an important step in addressing the workforce housing needs in our community,” said Mesquite Mayor Daniel Alemán Jr.
The Fielder will cater to both working professionals and families, offering one- to four-bedroom floorplans. Residents will also have access to essential services such as health and wellness screenings, after-school programs, and financial literacy training. Additionally, the development will feature top-tier amenities, including a pool, fitness center, community garden, dog park, and several playgrounds.
This investment in Mesquite has been made possible through housing tax credit equity and construction financing from Bank of America, with permanent financing provided by Bellwether Enterprise Real Estate Capital.
The Dallas metro area remains a key market for The NRP Group, which has developed over 6,000 units across 27 properties in the region. Construction of The Fielder is already in progress, with the community expected to be completed in 2026.
About The NRP Group
The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 50,000 apartment homes and currently manages over 25,000 residential units.
Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provide the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market-rate, affordable, mixed-income, and senior housing.
The NRP Group is consistently ranked in the Top 10 largest developers and builders in the U.S. by the National Multifamily Housing Council and by Affordable Housing Finance. The NRP Group is a winner of the National Association of Home Builders Multifamily Pillars of the Industry award for “Builder of the Year,” and a four-time recipient of the same award for “Development Firm of the Year.” The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market-rate housing at a national scale. Based on its nearly 30 years of experience and expertise, NRP now provides construction and property management services to outside owners and developers.