COLORADO SPRINGS, CO – Thompson Thrift, a nationally recognized full-service real estate company and one of the nation’s leading multifamily developers, has announced the development of a 276-unit Class A multifamily community within the Polaris Pointe development in Colorado Springs. announced that it would develop a switch that would The company is targeting construction to begin this month, with the first occupants expected in fall 2025.
“Colorado Springs consistently ranks among the best places to live in the United States, and its economy offers extremely favorable fundamentals that exceed the national average,” said Josh Purvis, managing partner at Thompson Thrift Residential. said. “We look forward to bringing another distinctive Thompson Thrift community to this vibrant metropolitan area and providing first-class amenities and services to our residents.”
Located on approximately 11 acres at the intersection of two major thoroughfares, Voyager Parkway and North Gate Boulevard, Switch offers excellent visibility, connectivity to I-25, and a Within minutes, you can reach major employers in the area, including the U.S. Air Force Academy. , UCHealth Memorial Hospital North and Progressive Insurance. Residents can access the Colorado Springs metropolitan area in 20 minutes and downtown Denver in just 40 minutes.
The Switch will offer 276 apartment homes in one-, two-, and three-bedroom configurations. Apartments average 1,000 square feet and feature stainless steel appliances, glass-top ranges, hardwood floors, walk-in showers, multiple smart home features, full-size washers and dryers, and much more. Equipped with high-end facilities. Additionally, some units feature high-end appliances, cabinets with soft-close doors, and luxurious closet systems with shelving and garage options.
Featured community amenities include a fully equipped 24-hour fitness center, resort-style heated pool, electric fire pit, billiards and shuffleboard area, bike storage and workshop, dog park and pet spa, and Starbucks™ Includes coffee bar and more. Residents also have access to a residence meeting room with video conferencing technology, an outdoor entertainment kitchen, and community-wide Wi-Fi. An on-site service team and user-friendly mobile app will also be available.
The Switch is strategically located within the Polaris Point development in Colorado Springs. The development is a 200-acre retail complex with 60 businesses and the brand-new Ford Amphitheater, an 8,000-seat entertainment venue that includes a 45,000-square-foot year-round theater. restaurant and event center. Other dining, entertainment, and shopping options at Polaris Point include Sprouts, Bass Pro Shops, Chick-fil-A, Top Golf, indoor skydiving at iFly, trampolines, the AirCity 360 adventure park, and Overdrive Raceway. are available.
U.S. News & World Report ranks Colorado Springs as the second best place to live in the United States and the ninth best place to live among the 150 most populous metropolitan areas in the United States for 2023-2024. did. Additionally, Colorado Springs ranks 15th out of 200 U.S. cities in the Milken Institute’s 2024 Best Performing Cities report, which measures several metrics including job creation, wages, and high-tech growth.
Several semiconductor manufacturers, aerospace and defense, and IT companies have announced expansion plans in the region, including Boecore, Meyer Burger, Entegris, Zivaro, and Microchip Technologies. These expansions are expected to create more than 3,500 new jobs and have a multibillion-dollar impact on the local economy.
The city is also home to the U.S. Olympic and Paralympic Museum, Widener Field, Ed Robson Arena, William Hybl Sports Medicine and Performance Center, and the Air Force Academy Gateway Visitor Center.