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Transactions - DECEMBER 13, 2023

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Thompson Thrift to develop luxury 380-unit multifamily community in central Florida

by RELEASED

Thompson Thrift announced the development of The Junction at Rockledge, a 380-unit class A multifamily community in Rockledge, Fla. Thompson Thrift expects to begin construction later this month and will welcome new residents early in 2025.

"The metro area surrounding Rockledge has added 45,000 jobs in recent years," said Josh Purvis, managing partner at Thompson Thrift Residential. "Couple that with a shortfall of more than 2,800 apartment homes in the region, and we believe that The Junction at Rockledge will be a welcome addition for those looking for a superior living experience in a very compelling market."

Located near the corner of major thoroughfares Interstate 95 and Fiske Boulevard, The Junction at Rockledge will span 25 acres and offer one-, two- and three-bedroom apartment homes with up to 1,500 square feet in two-story buildings. The apartment homes will feature high-end finishes and amenities including hardwood-style flooring, patio and balcony options, p

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