#USA #Longmont #Thompson Thrift #Heritage on Hover

Thompson Thrift Unveiling New Luxury Community

Thompson Thrift, a prominent national real estate firm, has announced ambitious plans for a luxury multifamily development located in Longmont, a burgeoning suburb near Boulder, Colorado. This new project, named Heritage on Hover, is set to offer an impressive 324 rental units, characterized as Class A multifamily housing. Anticipated to be completed by Winter 2026, this complex aims to fulfill the growing demand for modern housing options in a region known for its thriving economy and high-quality lifestyle.

Josh Purvis, the managing partner of Thompson Thrift Residential, emphasized the appeal of Longmont and its surroundings. He stated, "Longmont and the surrounding Boulder area have become a magnet for growth, attracting a thriving population and some of the nation's fastest-growing private companies." He highlighted that the area features a robust economy with low unemployment rates and a highly educated workforce, all of which contribute to the increasing demand for quality living spaces.

Project Features

The Heritage on Hover site is strategically situated near the intersection of Mountain Brook Drive and South Hover Street. The three-story buildings will comprise one-, two-, and three-bedroom apartments, each averaging nearly 1,000 square feet. The development promises premium finishes, including quartz countertops, stainless steel appliances, side-by-side refrigerators, and full-size washers and dryers. Furthermore, residents will benefit from spacious walk-in closets and innovative smart home capabilities.

For those looking for added luxury, select units will be equipped with refined cabinetry, deluxe closet systems, premium lighting fixtures, and even a dry bar. Options for private patios, balconies, yards, and detached garages will enhance residents’ living experiences.

Amenities and Community Facilities

Heritage on Hover aims to provide a resort-style living experience loaded with fantastic amenities. Highlights include an outdoor entertainment kitchen with grilling areas, a fully equipped 24-hour fitness center, a heated resort-style swimming pool and spa, as well as cozy electric fire pits surrounded by seating areas. Recreational options will also be plentiful, featuring billiards, shuffleboard, dog parks, bike storage, and a Starbucks™ coffee bar. For remote workers, the community will offer focus suites and comprehensive Wi-Fi access throughout the property, ensuring that residents can stay connected and productive.

Additional conveniences include an on-site service team, valet trash service, and a user-friendly mobile app to manage requests and community updates efficiently.

Location and Accessibility

The new development will also allow residents to easily access a retail center anchored by Target, presenting shopping and dining options right at their doorstep. Moreover, commuting will be straightforward, with nearby Interstate 25 providing direct routes to major employment hubs in Boulder, Fort Collins, and Denver.

Longmont has recently gained recognition as the #1 “Boomtown in America” according to Smart Asset rankings, highlighting its impressive growth and livability. Boulder County, home to the development, boasts one of the nation’s highest levels of education, with numerous advanced technology firms contributing to the local economic landscape.

Companies such as IBM, Google, Microsoft, and Lockheed Martin are among those establishing a presence in this region, reinforcing the area's status as a tech and innovation hub.

Commitment to Quality

Thompson Thrift’s dedication to quality has been evident throughout its 11 years of active development in Colorado, during which the firm has successfully created over 4,700 units across 11 communities stretching from Fort Collins to Colorado Springs. The funding for the Heritage on Hover project is supported by the Thompson Thrift 2024 Multifamily Development Fund, LP.

Company Overview

With nearly 40 years of experience in real estate development, Thompson Thrift has focused on completing high-quality commercial and mixed-use projects throughout the Midwest, Southeast, and Southwest. The firm's significant investment of over $6 billion into local communities speaks to its reputation as a trusted partner in the development of premier multifamily and commercial properties.
To learn more about Thompson Thrift and their ongoing projects, visit www.thompsonthrift.com.