Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop The Landing at Lemay, a 344-unit Class A multifamily community in Fort Collins.
“Fort Collins’ rapid growth and strong demand for upscale multifamily housing presents a compelling opportunity,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We believe The Landing at Lemay will be a valuable addition to the local real estate market, delivering on both the needs and wants of Colorado renters.”
The development will include two firsts for Thompson Thrift: It is the first of the company’s communities in the West to incorporate carriage homes, with apartment homes built over attached private garages. It will also be the first Thompson Thrift community to implement large-scale electric vehicle charging capabilities.
“Colorado has renewed and expanded its mandate for EVs to make up 82% of dealer lots by 2032,” said Steve Shaver, senior vice president of construction and design. “The infrastructure we are including at The Landing at Lemay will support residents who have chosen, or are likely to choose, a vehicle that runs on electricity.”
Fort Collins was ranked the “Number One Place to Live in America in 2020” by Livability.com and is Colorado’s third largest market. It is also one of the fastest growing cities in the country and has added more than 12,500 jobs in the past five years, and the population is expected to increase by than 15,000 residents over the next five years.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial, and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $5 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial, and industrial projects.
The company continues to expand its footprint with eight new residential developments targeted for 2024, including new markets in Georgia, Utah and Idaho. Equity for The Landing at Lemay, Thompson Thrift’s 17th Colorado multifamily community, will be provided by Thompson Thrift 2024 Multifamily Development, LP.
