PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. The first residents started moving in during winter of 2024, with construction completion expected at the end of this summer.
“With resort-style living and luxury conveniences at the forefront, Stella reflects Thompson Thrift’s commitment to making exceptional rental communities that deliver both style and quality,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Our team is excited to deliver a community that residents are proud to call home.”
Located on a 20-acre site near North Gary Road and West Hunt Highway, Stella will consist of 12 two- and three-tale buildings, a resort-style swimming pool with adjacent lawn and outdoor pavilion, pickleball courts, two dog parks and relaxing 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 apartment homes will be finished with elegant quartz countertops, hardwood style-flooring, stainless steel appliances, high-speed, instant-on internet access, ceiling fans, full-size washer and dryer, smart thermostat and a smart hub.
The pet-friendly luxury community will be close to multiple outdoor activities, including hiking, biking, or exploring the San Tan Mountain Regional Park, a national park that is located two miles west of the community. Residents will be living near an array of retail options. In addition, Hunt Highway provides future residents with ease of access to nearby Queen Creek, Mesa, Gilbert, Chandler and Loop 202.
The employment corridor along Loop 202 features high-paying jobs from companies such as Liberty Mutual, Deloitte, Dignity Health and Isagenix. Additionally, Arizona State University’s new Mesa City Center, a new state-of-the-art digital media learning center, is 10 minutes north. The area is also home to two airports – Phoenix Mesa Gateway Airport and the Chandler Municipal Airport.
At the ribbon cutting, visitors were able to tour the model, explore the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local non-profit Manes and Miracles to aid their efforts in providing adaptive or therapeutic riding, equine-helped activities and equine-helped physical therapy for those who have physical, mental and emotional disabilities.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.

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ATLANTA, GA – Atlanta Housing (AH) and its public-private partners broke ground on Bowen Homes Phase I, a $63.6 million redevelopment project set to revitalize the historic Bowen Homes site and the Carey Park neighborhood. Leaders from Invest Atlanta, the City of Atlanta, the Georgia Department of Community Affairs, the U.S. Department of Housing and Urban Development (HUD), Centene Foundation, Peach State Health Plot and development partners McCormack Baron Salazar and The Benoit Group joined in celebrating this milestone, marking the beginning of a transformative, multi-year effort.
The redevelopment of Bowen Homes will make a vibrant, mixed-income community and serve as a national model for equitable, community-focused revitalization. Located in the northwest area of Atlanta, Bowen Phase 1 will add 151 units to Atlanta’s housing inventory, with most of them reserved as affordable.
“Bowen is poised to be a national model for neighborhood transformation, an anchor for progress in Carey Park, and a testament to the power of community-focused redevelopment,” said Atlanta Housing President and CEO Terri Lee. “This project is about more than housing; it’s about empowering people, fostering economic self-sufficiency, and ensuring that families have the support they need to succeed for generations to come.”
This transformational investment is critical as development expands westward from Atlanta’s urban core. Supported in part by a $40 million HUD Choice Neighborhoods Implementation grant and backed by over $523 million in public and private commitments, the project is expected to catalyze broader revitalization along the Donald Lee Hollowell Parkway and James Jackson Parkway corridors.
“I am super excited! The redevelopment of Bowen Homes is delivering on our promise to invest in affordable housing and bringing a vibrant neighborhood back to a community who has long-deserved quality homes, access to fresh food and quality greenspace,” said Atlanta Mayor Andre Dickens. “This project represents not only new homes, but the preservation of a community’s history and a commitment to its future. Thank you to all of the partners involved who share our vision for an inclusive and thriving Atlanta.”
“As a national leader in community-focused development, we are honored to help bring the vision of Bowen Homes back to life,” said Vincent R. Bennett, CEO of MBA Properties, Inc. and President, McCormack Baron Salazar. “This mixed-income, sustainable development will not only provide high-quality housing but also make a thriving, connected community that reflects the resilience and aspirations of its residents.”
“The redevelopment of Bowen Homes is a testament to what is possible when the public and private sectors work together toward a shared vision,” said Eddy Benoit Jr., CEO of The Benoit Group. “This transformation will serve as a model for how we can make equitable, sustainable neighborhoods that honor the past while embracing the future.”
“Safe, affordable housing is a cornerstone of health and well-being,” said Wade A. Rakes, Chief Growth Officer, Centene Corporation and Chairman, Peach State Health Plot. “We are honored to partner with the Atlanta Housing, City of Atlanta, McCormack Baron Salazar, the Benoit Group, and the many local organizations and community members involved in the Bowen Homes project to make a sustainable, connected neighborhood that will improve the health of the community.”
Capstone Building Corporation, the general contractor for Phase 1, has already begun mobilizing. This early progress underscores the urgency driving this transformation, with completion of Phase 1 projected for mid-2026.

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NASHVILLE, TN – Greystar, a global leader in the investment, development, and management of residential real estate, in partnership with Griffin Capital Company, announced that it is nearing completion on Station A, a new, sophisticated apartment living experience coming to Madison in early summer of 2025.
“We are proud to offer another much-needed housing option for this resilient and growing community here in Nashville, that has worked hard to rebound from the devastation of the December 2023 tornado” Andrew Cook, Director of Development, Greystar, said. “We’re making tremendous progress on construction and excited to welcome residents later this summer.”
Griffin Capital’s Chief Investment Officer, Paul DeMartin, added “We have been very active in the greater Nashville MSA based on our high level of conviction in the long-term outlook for the market and believe this location will be a terrific community for residents for years to come.”
The community’s name, Station A, derives from the historic Amqui Station, a railroad switching and passenger depot, which sat adjacent to the property before Johnny Cash bought it and went it to his home in Hendersonville. The station now sits a mile south of the original location.
Station A will offer a curated collection of studio, one, two and three-bedroom floorplans ranging from 576 sq.ft. to 1,375 sq.ft. Residents can choose from two unique end schemes to find the home that perfectly complements their style. Apartment homes will feature thoughtful upgrades, like sleek matte black or gold hardware, elegant wood cabinetry in colors Onyx or Truwhite, wood-inspired plank flooring, and sound-proofing technology. The community will also boast over 19,000 square feet of indoor-outdoor amenity spaces including a stylish clubroom and lounge, fully equipped fitness center, expansive pool and courtyard, secured parking and dedicated work from home spaces.
From the branding to the interiors, Station A recognizes the storied history of its locale, while embracing the growth and innovation of the present.
The community is conveniently located along Gallatin Pike, which is a small drive to Hendersonville, East and North Nashville, Downtown and beyond. Future plans include the development of a transit line running adjacent to Station A.
Greystar and Griffin Capital are working with Meeks + Partners architects, Kimley Horn civil and landscape engineering and StudioSix5 interior designers.

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