New Housing Development in DFW: What the HPI Project Means for Buyers and Investors
- Brandon Scribner

- Jan 3
- 3 min read
The following report was generated using Gemini Deep Research, with "HPI Real Estate Services and Investment bringing 829-unit housing development to Fort Worth | Community Impact" as the initial source.

As a real estate consultant serving Dallas, Collin, and Tarrant counties, I constantly monitor the shifting center of gravity in our market. For years, the headline story has been the explosion of Frisco and Plano. But as we head toward 2026, the narrative is changing. The latest massive housing development in DFW isn't happening in the "Platinum Corridor"—it’s happening in North Fort Worth, and it signals a major opportunity for investors and homebuyers alike.
HPI Real Estate Services and Investments recently broke ground on a massive 829-unit mixed-use residential project at the intersection of Bonds Ranch Road and Blue Mound Road. This isn't just another apartment complex; it’s a bellwether for how the Metroplex is evolving. Here is a summary of what’s happening and how it impacts your real estate strategy.
The Project: Urban Luxury Meets Suburban Space
The HPI development is a case study in modern housing development in DFW. It blends high-density luxury apartments with "Build-to-Rent" (BTR) cottages, effectively urbanizing the suburbs. Set to open its first phase in early 2027, the project features "surfer’s hideaway" branding, pickleball courts, and high-end amenities designed to attract young professionals and families priced out of the soaring Collin County market.
The Catalyst: The "Grocery Wars" and Infrastructure
Why this specific intersection? It’s the convergence of infrastructure and retail.
The "H-E-B Effect": A new Kroger Marketplace just opened, and an H-E-B is planned across the street. In Texas real estate, premium grocery anchors are a leading indicator of property value appreciation.
Road Widening: Bonds Ranch Road is expanding to four lanes with a new overpass to bypass the railroad tracks. While this construction will cause traffic headaches through 2028, it will permanently unlock the area's value upon completion.
Strategic Takeaways for My Clients
For Homebuyers & Sellers: We are seeing a "value migration." As median home prices in Frisco and Dallas remain high, money is moving west to Tarrant County where you get more square footage and top-tier Northwest ISD schools for your dollar. The HPI project proves that institutional money is betting big on this area. If you are looking to buy, the "messy" construction phase of the next two years is your window of opportunity before the infrastructure is finished and prices jump.
For Investors: We are facing a "Supply Cliff" in 2027. Due to high interest rates in 2024, construction starts across DFW plummeted. This means very few new units will be delivered in 2026-2027. HPI timed their project perfectly to open when supply is low, likely driving up rents. For smaller investors, this signals that acquiring rental properties in the Bonds Ranch corridor now—before the shortage hits—is a smart play.
For Renters: The era of the standard garden-style apartment is ending. Expect to see more hybrid options like HPI’s cottages that offer a backyard without a mortgage. However, be prepared for rent increases in 2027 as the market tightens.
The Bottom Line
The HPI development confirms that housing development in DFW is moving westward. Whether you are looking to invest in a rental property, sell your home in a maturing market, or find affordable luxury, North Fort Worth represents the next cycle of growth.
Are you ready to capitalize on these shifts? Let’s connect to discuss how this data affects your personal real estate roadmap.
References:
HPI breaks ground on a 829-unit multifamily development in northwest Fort Worth
After 3 Years of Preliminary Work, Luxury Multifamily Project Breaks Ground Near Alliance
Bonds Ranch Fort Worth Economic Boom: $1B+ Development Guide 2025 | Ritchey Realty
EXCESS LAND/PAD SITES | SWQ of Blue Mound & Bonds Ranch, Fort Worth, Texas - DuWest Realty
New Retail Development to Begin Soon on $250-Million Mixed-Use Copper Ranch Project
Newly Built Luxury Apartments Near Alliance Town Center Fort Worth - The Wyatt at Presidio Junction
Bonds Ranch Road Widening Improvements - the City of Fort Worth



