The community is set to welcome its first residents in late 2024. Credit: Kara Eads via Unsplash.

American real estate company Thompson Thrift is set to begin construction of a new 300-unit multifamily community in the Orlando suburb of Lady Lake, Florida, US, later this month.

The 15.26-acre community, named Standard441, will feature one, two, and three-bedroom apartments across three-storey buildings.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The units will feature hardwood floors, stainless steel appliances, patio and balcony choices, and separate garages. Each house will also include Alexa-enabled smart products.

Among the other amenities to be provided at the site include a fully equipped fitness centre with 24-hour access, a resort-style heated swimming pool and outdoor spa, an outdoor pool pavilion with a built-in fireplace and grills, a pickleball court, a pet park and spa, a 24-hour social hub, as well as charging stations for electric vehicles.

The project, which is set to welcome residents in late 2024, represents Thompson’s 12th multifamily community in Florida and takes its total count of multifamily units to 20,000.

See Also:

Thompson Residential managing partner Josh Purvis said: “Lady Lake is a fast-growing area that shows no signs of slowing down.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The area is expected to nearly double in size by 2040, providing Thompson Thrift the perfect opportunity to develop a high-end multifamily community that will offer residents the ability to live close to work and enjoy the benefits of nearby retail, entertainment and recreation.”

The project is located off the Highway 441 motorway on the northeastern side of The Villages master-planned community. It is also located across the street from UF Health The Villages Hospital, which is a regional healthcare services provider.