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Thompson Thrift's 100th Multifamily Community to be Developed in Atlanta Suburb
Prnewswire· 2026-02-23 20:32
Core Insights - Thompson Thrift is set to develop Lineage, a 300-unit multifamily community in Dacula, Georgia, marking its 100th multifamily community nationwide, showcasing the company's four decades of experience in high-growth markets [1] Company Overview - Thompson Thrift is a full-service real estate company recognized nationally, specializing in multifamily development [1] - The company has invested over $7.1 billion into local communities over the past 40 years, focusing on development, construction, leasing, and management of high-quality real estate projects [1] Project Details - Lineage will feature a mix of one-, two-, and three-bedroom apartments with premium finishes, including granite countertops and stainless-steel appliances, and will span nearly 15 acres [1] - The community will include over 9,500 square feet of street-level retail space and various amenities such as a fitness center, heated swimming pool, and event space [1] - Construction financing for Lineage is provided by PNC Bank, which has a longstanding relationship with Thompson Thrift [1] Market Positioning - Dacula is identified as a strong residential and commercial market, benefiting from Gwinnett County's demographic growth and job opportunities, with over 1 million jobs accessible within a 35-minute drive [1] - Nearby developments, such as The Rowen, are projected to create up to 100,000 jobs, further enhancing the area's economic prospects [1]