Thompson Thrift Residential has plans to develop The Sophia, a 244-unit, luxury build-for-rent community in the city of Venice, Fla., located just south of Sarasota. Construction is expected to begin later this month and complete in early 2024.
"Venice has been a popular choice for those looking to relocate from around the nation, and it is expected to keep growing at a rate well above the national average," said Eric Wojak, vice president of development, luxury leased homes. "The Sophia will offer residents the chance to live in a community based around style, luxury and convenience, with easy access to employers, retail options and a first-rate public school system. We are thrilled to bring one of our premier built-for-rent communities to the area."
Sitting on 29 acres, The Sophia will consist of 122 paired-villa structures, for a total of 244 homes, with 84 detached garages. Each home will consist of one, two or three bedrooms with up to 1,525 square feet and will b