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The Future of Apartments in Celina: Why Smart Money is Chasing Green Energy and High-Speed Access

The following report was generated using Gemini Deep Research, with "436-unit Celina apartment complex coming soon with clean energy funding" as the initial source.

The new apartment complex will be located in the southeast corner of the Preston Road and Ownsby Parkway intersection, according to the apartment community's website. (Courtesy Lone Star PACE)
The new apartment complex will be located in the southeast corner of the Preston Road and Ownsby Parkway intersection, according to the apartment community's website. (Courtesy Lone Star PACE)

If you are looking for apartments in Celina, the landscape is shifting rapidly. The days of standard garden-style complexes are evolving into high-tech, sustainable communities that save residents money while connecting them faster than ever to the rest of DFW.


The latest headline-grabbing development, Jefferson Ownsby, is currently under construction at Preston Road and Ownsby Parkway, and it is setting a new standard for what renters and investors should expect in our market.


Here is what this new development means for the Celina market and why it matters to you—whether you are leasing a home, investing in real estate, or advising clients.


1. The "Green Premium": Lower Bills for Tenants


The standout feature of the new Jefferson Ownsby project is its financial backbone. Developed by JPI, this 436-unit complex secured $23.5 million in Clean Energy (C-PACE) financing. This isn't just industry jargon; it translates to real savings for tenants.


The funding is specifically tied to upgrades like high-efficiency HVAC systems, advanced insulation, and LED lighting. These engineering choices are projected to reduce energy usage by 16% and water usage by 34%. For residents facing Texas summers, this means significantly lower utility bills compared to older apartments in Celina. If you are a renter, you are getting a luxury lifestyle with a lower monthly operational cost.


2. Infrastructure: The Commute Has Changed


Location is everything, and this project sits at the epicenter of Celina’s infrastructure boom. The recent opening of Segment 3C of the Collin County Outer Loop in November 2025 has fundamentally changed the commute. Residents at Jefferson Ownsby will have high-speed access to the Dallas North Tollway and U.S. 75, bypassing much of the congestion on Highway 380.


Additionally, the widening of Ownsby Parkway to a four-lane arterial ensures that the immediate neighborhood can handle the growth. For real estate investors, this connectivity signals that property values in this corridor are poised for stability, supported by concrete infrastructure rather than just speculation.


3. A Stable Investment Market


For investors watching the Celina multifamily sector, there is a strong vote of confidence from institutional capital. While JPI is building Jefferson Ownsby, a Canadian firm, BSR REIT, recently purchased the neighboring asset, The Ownsby, for $87.5 million.


This transaction proves that major players view Celina as a core growth market, not a risky fringe. The combination of successful exits for developers and the influx of high-quality assets like Jefferson Ownsby suggests that while supply is high, the long-term demand fundamentals—fueled by job growth and the recent $2.3 billion Celina ISD bond passage—remain robust.


The Bottom Line


Whether you are searching for new apartments in Celina or looking to invest in the area, the arrival of next-generation assets like Jefferson Ownsby is a positive indicator. We are seeing a transition toward buildings that are more efficient, better connected, and backed by significant capital.


Are you looking to lease in Celina or invest in the North Texas growth corridor? Contact me today to navigate the latest market opportunities.


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