By Thompson Thrift
Thompson Thrift has announced the development of Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. Thompson Thrift plans to begin construction in June and welcome new residents beginning in late 2024.
Located on a 20-acre site near North Gary Road and West Hunt Highway, Stella will consist of 12 two- and three-story buildings, a resort-style swimming pool with adjacent lawn and outdoor pavilion, two pickleball courts, two dog parks and gardens with fruit trees and fountains. The community will offer one-, two- and three-bedroom apartment homes and residents will be able to select from a variety of layouts and signature amenities including private enclosed yards or patio options and detached single-car garages.
The pet-friendly luxury community will be close to multiple outdoor activities, including hiking, biking, or exploring the San Tan Mountain Regional Park. In addition, Hunt Highway provides future residents with ease of access to nearby Queen Creek, Mesa, Gilbert, Chandler and Loop 202.
Since its founding more than 30 years ago, Thompson Thrift has invested more than $4B in real estate developments in 21 states. This will be Thompson Thrift’s sixth community in Arizona. (Source)
