#United States #Jacksonville #Thompson Thrift #St. Augustine #Terrassa

Thompson Thrift Celebrates the Terrassa Community Opening

Thompson Thrift, a prominent national real estate firm known for its expertise in multifamily development, recently held a ribbon-cutting ceremony for its new project, Terrassa. This multifamily community consists of 324 units, blending beautifully into the historically rich landscape of St. Augustine, Florida. The community, which began welcoming residents in September 2025, is part of a significant redevelopment of the former St. Augustine Outlets site located conveniently off I-95.

Angie Atkins, Senior Vice President of Community Management at Thompson Thrift, expressed excitement at the event, stating, “We’re thrilled to inaugurate Terrassa and to offer residents a thoughtfully designed community in one of Florida’s prime coastal markets.” The goal was to create a living space that resonates with the charm of St. Augustine while providing modern conveniences and amenities.

Impressive Living Spaces

Terrassa features a variety of garden-style apartments, available in one-, two-, and three-bedroom configurations, with sizes reaching up to nearly 1,400 square feet. Each unit is designed with high-end finishes and in-demand amenities, such as:

• - Granite countertops
• - Stainless steel appliances
• - Energy-efficient systems
• - Full-size washers and dryers
• - Stylish flooring and tiles
• - Walk-in closets and garages
• - Private yards and patios

To enhance residents’ lifestyles, high-speed internet access is included, along with smart technology features like energy-efficient LED lighting and integrated smart switches, locks, and thermostats aimed at reducing energy costs.

Community Amenities

The community is designed to foster leisure and social interaction, providing a robust range of facilities:

• - A 24-hour fitness center
• - A heated resort-style swimming pool
• - Mediterranean-inspired courtyards and grilling areas
• - A pickleball court
• - An on-site dog park with agility features
• - A pet spa complete with grooming facilities
• - The social hub features entertainment options such as billiards, a coffee bar, private focus rooms, and a workspace with printing capabilities.

Terrassa not only caters to human residents but also emphasizes a pet-friendly environment, making it an ideal choice for families with pets.

Location and Accessibility

Situated near Vilano Beach and just a short drive from downtown St. Augustine, Terrassa offers an excellent blend of tranquility and convenience. Residents have easy access to local entertainment, shopping, and dining, including popular establishments like Ford’s Garage Restaurant and the St. Augustine Premium Outlets.

Commitment to the Community

During the ribbon-cutting ceremony, attendees explored model homes, the clubhouse, and various community amenities. Thompson Thrift took this opportunity to highlight its commitment to social responsibility by presenting a check to the local nonprofit S.A.F.E. Pet Rescue. This donation aims to support their mission of rescuing animals facing euthanasia. Additionally, as part of the event, Thompson Thrift waived adoption fees for any resident who chose to adopt a pet from S.A.F.E.’s mobile adoption unit.

Atkins remarked, “Our support of S.A.F.E. Pet Rescue and the promotion of pet adoptions reflects our dedication to fostering a welcoming community where both people and pets thrive.”

Over the last four decades, Thompson Thrift has invested more than $7.1 billion into community enhancements and is recognized as a trustworthy partner in various real estate ventures such as development, construction, leasing, and management. Their holistic approach aims to deliver high-quality real estate solutions to markets across the nation.

About Thompson Thrift

Founded in 1986, Thompson Thrift has evolved from a local real estate company to a comprehensive enterprise with a national presence. Operating from its offices across cities such as Indianapolis, Denver, Houston, and Phoenix, the firm continues to excel in multifamily and commercial real estate projects. Their dedication to community and excellence was recently acknowledged with a 2025 Top Workplaces USA award, further solidifying their reputation in the industry.

For further insight into Thompson Thrift and its developments, visit their official website at www.thompsonthrift.com.