{"id":175021,"date":"2026-03-02T14:38:11","date_gmt":"2026-03-02T14:38:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/175021\/"},"modified":"2026-03-02T14:38:11","modified_gmt":"2026-03-02T14:38:11","slug":"thompson-thrift-hosts-ribbon-cutting-for-terrassa-near-jacksonville","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/175021\/","title":{"rendered":"Thompson Thrift Hosts Ribbon Cutting for Terrassa Near Jacksonville"},"content":{"rendered":"

Multifamily community is part of the redevelopment of the former St. Augustine Outlets<\/p>\n

JACKSONVILLE, Fla., March 2, 2026 \/PRNewswire\/ —\u00a0Thompson Thrift<\/a>, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, recently hosted a ribbon cutting for Terrassa, a 324-unit Class A multifamily community that is part of the redevelopment of the former St. Augustine Outlets property located off I-95 in the growing market of St. Augustine.\u00a0The first Terrassa residents began moving in in September 2025.<\/p>\n

“We’re excited to celebrate the official opening of Terrassa and welcome residents to a thoughtfully designed community in one of Florida’s most sought-after coastal markets,” said Angie Atkins, senior vice president of community management for Thompson Thrift.\u00a0“Terrassa complement’s the charm and character that define St. Augustine while delivering a modern, elevated living experience for residents.”<\/p>\n

Terrassa’s\u00a0 one-, two- and three-bedroom garden-style apartment homes offer up to nearly 1,400 square feet of living space and feature premium, in-demand amenities and finishes including granite countertops, stainless steel and energy-efficient appliances, a full-size washer and dryer, hardwood-style flooring, tile backsplashes, designer fixtures and finishes, large walk-in closets, detached garages, and private yard and patio options.\u00a0High-speed internet access ensures seamless connectivity for residents while energy-efficient LED lighting and Alexa-compatible smart light switches, locks and thermostat help residents save on energy costs. \u00a0<\/p>\n

Community amenities include a 24-hour fully equipped fitness center, a heated resort-style swimming pool, Mediterranean-inspired courtyards, community grilling areas, a pickleball court, an on-site dog park with agility equipment, and a pet spa with a grooming station. The 24-hour social hub features billiards, a coffee bar, private focus rooms and a work area with a printing station.<\/p>\n

Located near Vilano Beach and just minutes from downtown, Terrassa provides the perfect balance of retreat and convenience, providing residents with convenient access to a variety of local entertainment, shopping and dining options, including Ford’s Garage Restaurant and the St. Augustine Premium Outlets.<\/p>\n

At the ribbon-cutting, visitors toured the model home and explored the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local nonprofit S.A.F.E. Pet Rescue to support their efforts to rescue animals facing euthanasia. Additionally, Thompson Thrift waived the one-time pet adoption fee for any Terrassa resident who adopted a pet at the event from S.A.F.E.’s mobile adoption van.<\/p>\n

“Supporting S.A.F.E. Pet Rescue and celebrating pet adoptions at Terrassa reflects our commitment to creating a welcoming community where both people and pets feel at home,” added Atkins.<\/p>\n

Over the past 40 years, Thompson Thrift has invested more than $7.1 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing, and management of high-quality real estate projects across the country.<\/p>\n

Equity for Terrassa was provided by Thompson Thrift 2024 Multifamily Development, LP.<\/p>\n

About Thompson Thrift Real Estate Company
Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2025 Top Workplaces USA award, the latest accolade that reflects the company’s ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com<\/a>.<\/p>\n

Securities Offered Through North Capital Private Securities, Member FINRA<\/a>\/SIPC<\/a>
Investments in private offerings are speculative, illiquid, and may result in a complete loss of capital.\u00a0 Past performance is not indicative of future results.\u00a0 Prospective investors should conduct their own due diligence and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help them to understand and assess the risks associated with any investment opportunity.<\/p>\n

Contact:
Jennifer Franklin\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0
Spotlight Marketing Communications
949.427.1385
[email\u00a0protected]<\/a><\/p>\n

SOURCE Thompson Thrift<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"Multifamily community is part of the redevelopment of the former St. Augustine Outlets JACKSONVILLE, Fla., March 2, 2026…\n","protected":false},"author":2,"featured_media":175022,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[116,118,117],"class_list":["post-175021","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/175021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=175021"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/175021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/175022"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=175021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=175021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=175021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}