Thompson Thrift Announces Venture on Venetucci, a New Luxury Multifamily Development in Colorado Springs
Thompson Thrift, a distinguished name in the real estate sector with a track record of developing premier multifamily communities, has marked its presence yet again with the announcement of a new project, Venture on Venetucci, in Colorado Springs. With a strategic launch planned for March 2027, the development aligns with the city’s upward economic trajectory.
Josh Purvis, managing partner for Thompson Thrift Residential, highlighted the synchronization of the project with the region’s robust growth, stating, “Colorado Springs continues to stand out as one of the nation’s fastest-growing economies, supported by billions in new investment and thousands of new jobs. Our newest community reflects that same momentum, bringing Thompson Thrift’s signature blend of quality, luxury, and lifestyle to a market that values exceptional living experiences.”
The community, set on a 16.5-acre lot, will offer 336 units, with options that include one to three-bedroom homes averaging a generous 1,000 square feet. This upscale living experience promises elegance and comfort through premium finishes such as quartz countertops and hardwood-style flooring, in addition to amenities like high-speed internet, full-size washers and dryers, and an Amazon package hub.
Beyond the confines of the individual units, residents will be treated to a resort-style existence facilitated by a 24-hour fitness center, heated swimming pool, various recreational courts, and a pet spa, nurturing a sense of community and active living.
Location is pivotal, and Venture on Venetucci capitalizes on its pristine surroundings with scenic views of Pikes Peak and Cheyenne Mountain, and easy access to retail, dining, and entertainment. Close proximity to S Academy Blvd. and Interstate 25 ensures connectivity to downtown and the airport, while the nearby Peak Innovation Park underscores the convergence of business and lifestyle with its burgeoning industrial and commercial footprint.
Colorado Springs has earned its reputation as a nucleus for economic resilience and opportunity, as evidenced by its rank in the Milken Institute’s 2025 Best-Performing Cities report. The infusion of capital, job creation, and investment in tourism are undeniable indicators of an optimistic future for the city and its residents.
As we look at the scope of this development and the current trends, it becomes evident that projects like Venture on Venetucci are not only a response to growth but a catalyst in an ever-evolving landscape where the multifamily sector plays a critical role in shaping vibrant, sustainable communities. Thompson Thrift’s initiative underscores the interplay of insightful development strategies and market demand, setting a benchmark for future projects in Colorado Springs and beyond.