Thompson Thrift to Kick Off 276-Unit Florida Project
The project marks the developer's 16th multifamily development in the Sunshine State.
Thompson Thrift will develop its 16th multifamily project in Florida, a 276-unit luxury community dubbed Verity. The Vero Beach project is expected to break ground later this month, with completion scheduled for summer 2026.
Upon delivery, Verity will comprise multiple three-story buildings, with one- to three-bedroom floorplans up to 1,400 square feet in size. Units are expected to feature washers and dryers, stainless steel appliances and walk-in closets, as well as private yard and patios for select layouts.
Common-area amenities will consist of a clubhouse with covered pavilion, a fitness center, a coffee bar and social hub, work-from-home suites, a conference room and a swimming pool. Additionally, the community will have electric firepits with seating and grilling areas, a pickleball court and a dog run.
The development will rise on 18 acres at 3745 11th Circle, some 3 miles from Vero Beach Regional Airport. A host of dining and retail options, including the Treasure Coast Plaza shopping mall, will be within a 3-mile radius.
More Thompson Thrift communities in Florida
Thompson Thrift’s current portfolio comprises more than 21,500 units spread across 22 states. The company focuses mainly on the Midwestern, Southeastern and Southwesters regions.
In December, the company announced plans for The Junction at Rockledge, a 380-unit luxury community in Rockledge, Fla., on the Space Coast. First move-ins are expected early next year.
A couple of months earlier, the firm started pre-construction development work on its first Orlando, Fla., community. Located in Lady Lake, the 300-unit project is scheduled for completion later this year.
