Located in Southwest Dallas, the new market-rate development will offer high-quality housing for middle-income earners, including teachers, nurses and city employees

The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the financial closing and groundbreaking of Camp Wisdom, a 360-unit market-rate community in Southwest Dallas. Strategically located at the corner of W. Camp Wisdom Road and Clark Road, the development is designed to help address Dallas’ growing rental affordability crisis. The new community will serve the city’s essential workforce, providing high-quality housing options for teachers, nurses, city employees and university staff, all within close proximity to major job centers, educational institutions and healthcare facilities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251120086283/en/

Credit: Caleb Schafer - Camp Wisdom

“While Dallas is one of the fastest-growing cities in the country, its essential workers – the individuals keeping our schools, hospitals and neighborhoods running – are being priced out of the communities they serve,” said Alena Savera, Vice President of Development at The NRP Group. “Camp Wisdom will bridge that gap by offering high-quality housing with accessible rents for middle-income earners. We’re proud to be part of a solution that supports the city’s growth while preserving its workforce.”

Camp Wisdom’s 360 units comprise a mix of 180 one-bedroom units and 180 two-bedroom residences ranging from 860 to 1,080 square feet. Each home includes stainless steel appliances, in-unit washer and dryers and walk-in closets. The new community will offer residents convenient access to major highways, including U.S. Highway 67 and Interstate 20, connecting residents to downtown Dallas in under 25 minutes.

The site is just minutes from Dallas Baptist University to the north and is surrounded by major employment hubs including the Mountain Creek Industrial Park, home to companies like Costco, Ulta and Chewy. The area is known for its rolling hills and abundant green space, making it one of the more scenic areas to build in Dallas. Additional nearby employment and healthcare hubs include the UT Southwestern Medical Center at RedBird, Methodist Charlton Medical Center and the Redbird Workforce Center. Residents will also enjoy proximity to Mountain Creek Lake and Joe Pool Lake, as well as nearby parks and trails that support an active, outdoor lifestyle.

“Camp Wisdom is a thoughtfully designed community that prioritizes accessibility and long-term value for residents,” said Chris O’Neill, Executive Vice President of Development at The NRP Group. “It reflects our mission to create exceptional rental opportunities and build trust through high-quality housing that strengthens neighborhoods and improves residents’ quality of life.”

Residents of Camp Wisdom will enjoy a thoughtfully curated amenities package designed to support working professionals and growing families. Building amenities include a state-of-the-art fitness center, a resort-style outdoor pool, grilling stations, outdoor game areas and a dog park.

Camp Wisdom is less than a mile away from The NRP Group’s new, mixed-income development, Ascent at Mountain Creek – a 324-unit community that opened in April. Roughly 50% of the residences are reserved for families earning up to 80% or below the Area Median Income (AMI).

The Dallas-Fort Worth metro area remains a priority market for The NRP Group. The firm has developed over 7,000 units across more than 30 properties in the region, and recently celebrated the grand opening and/or groundbreaking of the following housing developments in the area: Diamond Flats, a newly delivered 331-unit luxury community in Carrollton; Jackson Road, a luxury 370-unit multifamily community; Cora, a 340-unit mixed-income housing community in Anna, Texas; Sutton Flats, a 300-unit market-rate multifamily community in Howe, Texas; The Whitley, an upscale 330-unit multifamily community in Princeton, Texas.

Wintrust Commercial Real Estate provided construction financing for the development.

Camp Wisdom broke ground in November, with completion estimated for Q3 2027.

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 62,000 apartment homes and currently manages over 30,000 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 has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and has won three NAHB Pillar awards since 2020 for Development, Construction and Ones to Watch. 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 over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251120086283/en/