Plans have been announced for the construction of a new residential project on the northeast side of Fort Collins that will see the building of 344 multi-family units.
The project belongs to the real estate company Thompson Thrift, and will see the building of one-, two-, and three-bedroom units on the southeast corner of E. Vine Drive and N. Lemay Avenue in a mostly rural, undeveloped part of the city.
That 17-acre site will also see the building of a fitness center, swimming pool, firepits, and dog park. Further exterior amenities are set to include an outdoor entertainment kitchen.
What is being called the Landing at Lemay is being defined as a Class A residence and will additionally include electric charging station facilities.
In a statement, Josh Purvis, managing residential partner for Thompson Thrift, said the Landing at Lemay is in response to Fort Collins’ ongoing growth, which has seen the city’s population jump from 118,000 two decades ago to more than 170,000 today.
Some estimates have forecast that the city will reach the 185,000 mark before the end of the decade.
That growth, said Purvis, has also created a “strong demand for upscale multi-family housing.”
Work on the project is expected to launch later this summer, with an anticipated completion date of late 2025.
Established in 1986, Thompson Thrift, named in honor of founding partners John Thompson and Paul Thrift, is headquartered in Terre Haute, Indiana.
The company is currently working on a project called Alta25 in Colorado Springs. That project, with 264 luxury units, is expected to be completed this fall.
By Garry Boulard
