The multifamily development firm Thompson Thrift announced the development of Standard441, a new 300-unit multifamily community in the Orlando suburb of Lady Lake.
Located off Highway 441 on the northeast side of The Villages master-planned community, the 15.26-acre community will offer one-, two- and three-bedroom apartment homes in three-story buildings. Each unit will feature Alexa-compatible smart home packages, along with patio and balcony options, private yard options and detached garages.
Thompson Thrift plans to begin construction this month and welcome new residents beginning in late 2024. This development is Thompson Thrift’s 12th multifamily community in Florida.
“Lady Lake is a fast-growing area that shows no signs of slowing down,” said Josh Purvis, managing partner for Thompson Thrift Residential. “The area is expected to nearly double in size by 2040, providing Thompson Thrift the perfect opportunity to develop a high-end multifamily community that will offer residents the ability to live close to work and enjoy the benefits of nearby retail, entertainment and recreation.”
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