The Landing at Lemay will provide EV
infrastructure that meets local and impending state mandates geared
toward future electric vehicle adoption
FORT
COLLINS, Colo., July 2, 2024
/PRNewswire/ -- Thompson Thrift, a full-service nationally
recognized real estate company and one of the nation's leading
multifamily developers, today announced that it will develop The
Landing at Lemay, a 344-unit Class A multifamily community in
Fort Collins. Construction will
begin in July and residents are expected to begin moving in late
2025.
"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."
Located on 17 acres at the southeast corner of E. Vine Drive and
N. Lemay Avenue, The Landing at Lemay will feature 344 apartment
homes in one-, two-, and three-bedroom configurations. Each of the
apartment homes will feature the latest modern amenities including
stainless-steel appliances, a glass-top range, hardwood-style
flooring, multiple smart home capabilities and full-sized washers
and dryers, to name a few. Select homes may also feature a deluxe
closet system with shelving, premium lighting, and garage
options.
Signature community amenities will include a fully equipped
24-hour fitness center, resort-style swimming pool, firepits, a
billiards and shuffleboard area, and a dog park and pet spa.
Residents will also enjoy socializing and relaxing in the outdoor
entertainment kitchen or utilizing the community-wide wi-fi while
working in the focus suites.
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."
The Landing at Lemay is strategically located just one mile from
downtown Fort Collins, a popular
location with several shops, restaurants and bars. Numerous
microbreweries and a large retail center anchored by Walmart and
The Home Depot is within walking distance.
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.
About Thompson Thrift Real Estate Company
Thompson
Thrift is an integrated full-service real estate company with
offices in Indianapolis and
Terre Haute, Indiana; Denver; Houston and Phoenix. Three business units drive Thompson
Thrift's success—Thompson Thrift Residential which is focused on
upscale Class A multifamily communities and luxury leased homes,
Thompson Thrift Commercial which is focused on ground-up commercial
development, and Thompson Thrift Construction, a full-service
construction company. Through these business units, Thompson Thrift
is engaged in all aspects of development, construction, leasing,
and management of quality commercial real estate projects across
the country. The company earned national recognition from Energage
as a winner of a 2024 Top Workplaces USA award and five Culture Excellence awards,
the latest accolades that reflect the company's ongoing commitment
to excellence in the community and workplace. For more information,
please visit www.thompsonthrift.com.
Contact:
Jennifer
Franklin
Spotlight Marketing Communications
949.427.1385
jennifer@spotlightmarcom.com
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SOURCE Thompson Thrift