Thompson Thrift to develop luxury 276-unit multifamily community in Florida

Thompson Thrift has plans to develop Verity, a 276-unit class A multifamily community in Vero Beach. The company intends to begin construction this month, with completion expected in summer 2026.

“Despite significant demand for housing options in the Vero Beach community, supply has not kept pace in recent years,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are pleased to be able to move forward with providing a highly desired rental living option that fits the community’s needs.”

Located off 37th Street on 11th Circle, Verity will span more than 18 acres and consist of three-story buildings offering one-, two- and three-bedroom apartment homes with up to nearly 1,400 square feet.

Apartment homes will feature hardwood-style flooring; full-size washers and dryers; stainless-steel appliances and built-in microwaves; smooth, glass-top ranges; side-by-side refrigerators with ice and water dispensers; detached garages; tile bac