KCG Companies is moving toward construction on a community that would give older Grand Prairie residents another affordable place to call home. Maple Lofts Grand Prairie plans call for 65 apartments for adults 55 and older at 2422 Graham Street, on property previously designated for light-industrial use.
The proposed four-story building would contain one- and two-bedroom apartments, with income restrictions designed to serve households at several affordability levels. The registered construction scope is valued at approximately $20.8 million.
Featured image: AI-generated visualization of the proposed Maple Lofts development, based on concept elevations submitted with Grand Prairie planning documents. TCM created this illustration; it is not an official developer or architect rendering.
Who Maple Lofts Grand Prairie Would Serve
Affordability is central to the project. Available project information identifies apartments reserved for households at 30%, 50% and 60% of Area Median Income, often shortened to AMI.
In plain language, those percentages describe household-income limits tied to the area’s income benchmark. They are not percentages of market rent. The different tiers allow the community to serve qualifying residents with different income levels, while the age restriction focuses the housing on adults 55 and older.
Maple Lofts received a 9% Low-Income Housing Tax Credit award from the Texas Department of Housing and Community Affairs. That program helps finance affordable rental housing in exchange for income and rent restrictions. The award is part of how the project can deliver apartments intended for lower-income households.
For residents considering a future move, the distinction matters: this is planned as affordable senior housing, with eligibility requirements, rather than unrestricted market-rate apartments. Specific rents and leasing dates are not established by the construction schedule.
A New Residential Use for Graham Street
The approximately 2.5-acre site also gives Maple Lofts a redevelopment story. Grand Prairie planning records show that the property was previously designated Light Industrial and needed land-use and zoning changes for the proposed high-density residential development.
The Planning & Zoning Commission recommended approval. That recommendation marks a step in the planning process; it should not be confused with a final construction or occupancy approval.
The concept elevations show the proposed building from the street, parking area and end. They provide the submitted design reference for a project that would put homes on land previously planned for industrial uses.
Inside the Maple Lofts Grand Prairie Site Plan
The official site plan adds a picture of daily life around the building. It shows 98 parking spaces, an amenity lawn and a walking trail, with landscaping around the property and a dry retention area.
Those outdoor spaces complement the apartments by providing room to walk or spend time outside. The drawing also shows how parking, pedestrian routes and drainage would fit onto the compact Graham Street property.
Registered plans list approximately 53,742 square feet of residential area. Construction is currently scheduled from December 2026 through April 2028; that is a projected work period, not an announced move-in date.
For Grand Prairie, the project pairs a change in land use with a specific housing purpose: 65 new apartments reserved for qualifying older adults. Its significance rests in both the homes it would add and the households those homes are intended to serve.