Thompson Thrift Enters SC Market With Charleston Project
The community is being built inside a 1,500-acre master plan.
Thompson Thrift is entering the South Carolina market with the development of The Whitmore at Ingleside, a 327-unit, Class A multifamily community being built within the Ingleside master-planned community in North Charleston, S.C. Construction is slated to begin this month, with move-ins expected by November 2027.
The development expands Thompson Thrift’s national footprint to 25 states. The company is capitalizing The Whitmore at Ingleside with equity from the Thompson Thrift 2026 Multifamily Development LP.
Situated on nearly 19 acres, The Whitmore at Ingleside will have a mix of studio, one-, two- and three-bedroom apartments in three- and four-story buildings. Units will feature quartz countertops, stainless steel appliances, hardwood-style flooring, smart-home technology, full-size washers and dryers, walk-in closets, detached garages and private patios, balconies or yards.
Community amenities will include a swimming pool, a fitness center, a pickleball court, a pocket park, an electric firepit, gathering areas, grilling stations, a pet spa and two dog parks. The community will also have a resident social hub with billiards, a coffee bar, focus suites, a conference room and other spaces for work and leisure activities.
A connected location
The Whitmore at Ingleside is located near the recently completed Weber Boulevard interchange and Interstate 26. It’s situated within the 1,500-acre Ingleside master-planned development, providing residents with commercial, industrial and recreational uses as well as more than 200 acres of green space. The location provides regional connectivity and access to downtown Charleston, Charleston International Airport, Palmetto Commerce Park, Joint Base Charleston, Mercedes Benz Vans and numerous other major employers.
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Considered one of the Southeast’s fastest-growing markets, Charleston is seeing major employers across aerospace, health care, advanced manufacturing, logistics and life sciences industries investing billions in the area. Companies include Boeing, which is investing more than $1 billion to grow its 787 Dreamliner manufacturing campus in North Charleston. Volvo Cars is expanding its plant outside Charleston, a decisionc expected to add approximately 1,600 jobs.
Keel, a defense manufacturer, has an ongoing $70 million expansion that will create 170 new jobs. In the health care sector, Roper St. Francis Health is building a $1.2 billion, 328-bed hospital campus in North Charleston.
Construction projects across the U.S.
Thompson Thrift has been busy in recent months as it continues to grow and expand its national reach. Last month, the company began development of Rivet, a 300-unit luxury community in Chelsea, Ala., in the Birmingham, Ala., metro. First move-ins are scheduled for late 2027.
Also last month, Thompson Thrift announced it would develop The Statesman, a 340-unit luxury property in Gallatin, Tenn., in the Nashville, Tenn., metro. The company’s Thompson Thrift 2026 Multifamily Development LP provided equity for the project. First move-ins are slated for November 2027.
In July, Thompson Thrift began construction on The Foundry at Mosaic, its second multifamily in the Savannah Quarters neighborhood in Pooler, Ga., near Savannah, Ga. Move-ins are also expected in November 2027. The company recently completed The Liliana, a 360-unit luxury apartment community, also in Pooler.
Thompson Thrift recently entered Nevada with the development of Argent Flats, a 273-unit community in Reno. The property is slated to begin move-ins in September 2027.
