Thompson Thrift Fortifies Florida Footprint with High-End Multifamily Development: The Junction at Rockledge Responds to Housing Demand Amid Area’s Rapid Economic Growth
We’re excited to share that Thompson Thrift, a major full-service real estate company, is taking a bold step towards closing the profound gap in multifamily residential offerings in Rockledge, Florida by announcing the development of The Junction at Rockledge – a 380-unit Class A apartment community. This new project reaffirms the company’s record as a leader in multifamily investment, targeting communities on the brink of impressive growth.
Comparatively, the surrounding metro area has seen a tremendous addition of 45,000 jobs in recent years, fueling demand for residential units. A testament to this progression is a shortfall of more than 2,800 apartment homes in the region, pointing towards a vibrant, expansion-prone market.
The palatial Junction at Rockledge is expected to span 25 acres, offering contemporary living with one-, two-, and three-bedroom options. Cognizant of the desire for high living standards, Thompson Thrift aims to deliver with features such as hardwood-style flooring, Stainless Steel appliances, smart thermostats, and much more.
As Thompson Thrift recognizes the shift towards remote working, the company is ensuring integration of 24-hour, fully equipped community amenities, such as fitness centers, pools, outdoor kitchens, and social hubs. Furthermore, with an adjacent 30-acre lake, the development will also host beachfront amenities, elevating living experience to an unprecedented level.
The completeness of The Junction at Rockledge goes beyond the onsite luxuries as the area it’s situated in has its perks. Nestled conveniently on the northern fringes of Viera, one of the U.S highest selling master-planned communities, it’s a hop away from aerospace and technology hubs, hosted by the likes of Lockheed Martin, SpaceX, and NASA.
Boasting easy access to a mixed tapestry bowl of national and local retail and dining options at Avenue at Viera, and the USSSA Space Coast Complex athletics field, The Junction at Rockledge unarguably avails its future residents a unique work-live-play experience.
Over the years, Space Coast has staked a strong claim in Florida’s property market. The indicators of health and growth are reflected in its ranking as the third-best place to live in Florida, and the 12th fastest-growing area in the U.S by U.S. News & World Report.
With The Junction at Rockledge, Thompson Thrift further solidifies its commitment to the expanding Florida footprint. This project ushers in a new era of upscale multifamily housing that aligns directly with the rising economic prosperity of the city.
Successful real estate developments actively contribute to the economic and infrastructural growth by answering the rising demand and providing housing solutions that elevate the living experience. There’s no debate, that The Junction at Rockledge’s development comes at a promising time bolstering the upward momentum of Rockledge, FL.