Criterion Development

Criterion Development Partners is committed to creating distinctive living environments through innovative design and dedicated service. Criterion Development Partners is a dynamic real estate operating company that specializes in the development, construction and asset management of investment-quality multifamily communities. Combining a wealth of industry experience with a hands-on, entrepreneurial approach, Criterion has achieved notable success developing vibrant and distinctive residential and mixed-use communities. These developments are strategically located in smart-growth, mixed-use neighborhoods that offer convenient access to mass transit, popular amenities and core employment, providing a rich living experience. Criterion takes pride in developing innovative designs and creating unique living environments. A holistic approach to the development process ensures superior results from concept to completion. Criterion’s principals make it a priority to engage community stakeholders through an inclusive approach to permitting and design. Criterion’s principals benefit from over 70 years of collective multifamily industry experience. While working together for over 8 years at JPI Partners, Inc., a nationally recognized multifamily development firm, Criterion’s principals developed 43 apartment communities with total development costs exceeding $1.6 billion. In 2004, the principals formed Criterion Development Partners with the intention of creating a more horizontal, hands-on organizational structure to better leverage the team’s strengths and allow its principals to be intimately involved in all aspects of each deal. Criterion’s focus on attention to detail, tight execution, design excellence and strategic vision has led to superior results for our customers and partners. In fact, our name memorializes this emphasis as Criterion is defined as “the standard by which one is judged”. With regional offices in Dallas, Texas and Waltham, Massachusetts, Criterion has developed 21 multifamily communities to date with total development costs exceeding $1.15 billion.