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Thompson Thrift Announces Development of The Logan, a 264-Unit Multifamily Community in Nampa, Idaho

Author

Slice of Real Estate Team
October 17, 2024

Key Highlights:

  • Thompson Thrift will develop The Logan, a 264-unit Class A multifamily community in Nampa, Idaho.

  • Construction is expected to begin in October 2024, with completion in winter 2026.

  • Luxury apartment homes will feature smart home capabilities and high-end finishes.

  • The community will include resort-style amenities such as a heated pool, fitness center, dog park, and more.

  • Convenient access to Boise metro's employment hubs and recreational activities in Treasure Valley.

Source: PR Newswire

Notable Quote:

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"Nampa is a rapidly growing area with significant unmet needs for new multifamily communities. We are very excited to be expanding into Idaho and believe The Logan will fill a significant need for residents seeking a high-quality apartment community with desirable amenities."

Josh Purvis, Managing Partner at Thompson Thrift Residential

Our Take:

Thompson Thrift’s decision to develop The Logan in Nampa, Idaho, reflects the company's commitment to targeting high-growth areas with strong housing demand. Nampa, ranked as the nation’s top boomtown, offers excellent opportunities for multifamily development due to its rapid population growth and proximity to Boise. The development’s high-end amenities and focus on smart home technology will likely appeal to a diverse range of residents, particularly those seeking upscale living options. Furthermore, The Logan’s connectivity to major employment hubs and the Treasure Valley’s recreational assets positions it as a highly attractive community for both local and incoming residents.