Thompson Thrift, a nationally recognized full-service real estate firm and one of the nation’s leading multifamily developers, today announced the development of Stella, a 308-unit Class A multifamily community located in the Santan Valley suburb of Phoenix. Announced. Thompson Thrift will begin construction in June and will welcome new residents from the end of 2024.
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“Santan Valley is part of Arizona’s fastest growing Pinal County,” said Josh Purvis, Managing Partner of Thompson Thrift Residential. “We are thrilled that when Stellar opens next year, residents will have a choice of top quality new rental options.”
Located on 20 acres near North Gary Road and West Hunt Highway, Stella features 12 two- and three-story buildings, a resort-style pool with adjacent lawns and outdoor pavilions, and two pickleball courts , two dog parks, and a relaxing garden with fruit trees and fountains. One-, two-, and three-bedroom apartments offer up to 1,513 square feet of space, allowing residents to choose from a variety of layouts, private enclosed yard and patio options, and separate one-car garages. You will be able to select from characteristic facilities such as The apartment complex features elegant quartz countertops, hardwood floors, stainless steel appliances, high-speed, instant-on internet access, ceiling fans, full-size washer and dryer, smart thermostats, and Alexa-enabled smart hubs. Finished with
The exclusive pet-friendly community is close to a variety of outdoor activities, including hiking, biking, and exploring the San Tan Mountain Regional Park, a national park located two miles west of the property. Residents will live near a variety of retail stores, including state-run tenants such as Starbucks, Taco Bell, Panda Express, Chipotle and Burger King, and the site is adjacent to a large Walmart Supercenter. Additionally, Hunt Highway will provide future residents with easy access to nearby Queen Creek, Mesa, Gilbert, Chandler and Loop 202.
The employment corridor along Loop 202 attracts high-paying jobs from companies such as Liberty Mutual, Deloitte, Dignity Health and Isagenix. Plus, Arizona State University’s new state-of-the-art digital media learning center, Mesa City Center, is 10 minutes north. The area is also home to two of his airports, Phoenix Mesa Gateway Airport and Chandler Municipal Airport.
Since its founding more than 30 years ago, Thompson Thrift has invested more than $4 billion in real estate development in 21 states. The company and its leaders frequently receive recognition and awards from local and national organizations, reflecting the company’s continued commitment to creating an environment of excellence both in our communities and in the workplace.
Santan Valley’s Sutera will be Thompson Thrift’s sixth community in Arizona.