Thompson Thrift to Develop 276-Unit Switch Luxury Apartment Community within Colorado Springs’ Polaris Pointe Development

COLORADO SPRINGS, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop Switch, a 276-unit Class A multifamily community, within Colorado Springs’ Polaris Pointe development. The company will start construction this month with first resident go-ins targeted for fall 2025.
“Colorado Springs consistently ranks among the best places to live in the United States, and its economy produces extremely favorable fundamentals that outperform the national averages,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We look forward to bringing another distinctive Thompson Thrift community to this vibrant metro area and providing residents with top-notch amenities and service.”
Located on approximately 11 acres at the intersection of two major thoroughfares, Voyager Parkway and North Gate Blvd., Switch offers brilliant visibility and connectivity to I-25, allowing residents to reach top area employers within a few minutes, including the U.S. Air Force Academy, UCHealth Memorial Hospital North and Progressive Insurance. Residents can also reach greater Colorado Springs in 20 minutes and downtown Denver in only 40 minutes.
Switch will provide 276 apartment homes in one-, two- and three-bedroom configurations. Apartment homes will average 1,000 square feet and feature a host of premium amenities including stainless-steel appliances, glass-top ranges, hardwood-style flooring, a walk-in shower, multiple smart home capabilities and full-sized washers and dryers. Additionally, select units will offer premium appliances, cabinetry with soft-close doors, a deluxe closet system with shelving and garage options.
Signature community amenities will include a fully equipped 24-hour fitness center, resort-style heated swimming pool, electric firepits, a billiards and shuffleboard area, bike storage and workshop, a dog park and pet spa, and a Starbucks™ coffee bar. Residents may also utilize the residence conference room with video conference technology, the outdoor entertainment kitchen, and community-wide wi-fi. An on-site service team and a user-friendly mobile app will also be available.
Switch is strategically located within Colorado Springs’ Polaris Pointe development, a 60-business, 200-acre retail complex that also features the brand-new Ford Amphitheater, an 8,000-seat entertainment venue that includes a 45,000-square-foot, year-round restaurant and event center. Additional dining, entertainment and shopping options at Polaris Pointe include Sprouts, Bass Pro Shops, Chick-fil-A, Top Golf, indoor skydiving at iFly, trampoline and adventure park AirCity 360 and Overdrive Raceway.
U.S. News & World Report ranked Colorado Springs as the second most desirable place to live in the U.S. for 2023 through 2024 and the ninth best place to live out of the U.S.’ 150 most populous metro areas. Additionally, Colorado Springs ranks 15th out of 200 cities nationally on the Milken Institute’s 2024 Best-Performing Large Cities report, which indexes several metrics including job creation, wages and high-tech growth.
Multiple semiconductor manufacturers, aerospace and defense, and IT companies including Boecore, Meyer Burger, Entegris, Zivaro, Microchip Technologies, and others have announced plans to expand operations in the area. These expansions are expected to make more than 3,500 new jobs and have a multi-billion-dollar impact on the local economy.
The city has also made a significant investment in tourism and entertainment with its City for Champions projects, a collection of five new distinct venues including the U.S. Olympic & Paralympic Museum, Weidner Field, Ed Robson Arena, the William Hybl Sports Medicine & Performance Center and the Air Force Academy Gateway Visitor Center.

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Mill Creek Residential Announces Preleasing at 350-Unit Amavi Brier Creek Build-to-Rent Community in Greater Raleigh-Durham Market

DURHAM, NC – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the start of preleasing at Amavi Brier Creek, a single-family build-to-rent community in eastern Durham County.
The community, surrounded by 25 acres of woods, creeks and 28 acres of dedicated open space, features a combined 350 townhomes and single-family detached homes. First go-ins are slated for October.
“Amavi Brier Creek will offer a pleasant mix of open green space, proximity to an excelling employment market and a reasonable price point,” said Willie Morris, senior vice president of land acquisition for Mill Creek Residential. “The Brier Creek area continues to become one of the hidden gems in the greater Raleigh-Durham market, and we look forward to offering quality homes and a living experience on par with the Class-A rental housing options in the surrounding area.”
Located at 1607 Olive Branch Road, Amavi Brier Creek offers ample recreational space, including a greenway trail, three dog parks, two multipurpose fields, raised garden beds, and several open lawn and field spaces. The 113-acre community also includes a resident clubhouse with a resort-inspired swimming pool and a fitness center with state-of-the-art equipment and dedicated social spaces.
Amavi Brier Creek’s townhomes and single-family detached homes include various three-, four- and five-bedroom layouts that range as large as 2,646 square feet. Private garages at each residence include EV-charging outlets. Home interiors feature a variety of refined features, including luxury wood-plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, USB ports, smart thermostats, controlled access technology, private patios and fenced-in yards, frameless glass showers, in-home washers and dryers, walk-in closets and bulk WiFi. Select homes offer kitchen islands and soaking tubs.
The community is situated eight miles southeast of downtown Durham and 10 miles southeast of Duke University. Interstate 540, U.S. Highway 70 and North Carolina Highway 98 all are within a small commute, providing prime connectivity to Research Triangle Park, Raleigh-Durham International Airport and the multitude of employment options in the Raleigh-Durham and Wake Forest areas.

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Georgia-Pacific Unveils Plans to Transform Its Iconic Headquarters into a Historic Mixed-Use Hub for Living and Innovation in Atlanta

ATLANTA, GA – Georgia-Pacific announced initial plans for one of the country’s largest mixed-use redevelopments and the intent to transform its iconic 51-tale world headquarters and the surrounding city block into a thriving center for innovation and community engagement. The prestigious downtown location will be reimagined into a dynamic mix of residential living, modern office spaces, retail, restaurants and a landscaped central plaza for gathering. This project reaffirms Georgia-Pacific’s commitment to the future of Downtown Atlanta and promises to set a new standard for adaptive reuse.
The proposed development, scheduled for completion in fall 2027, includes the following:

More than 400 apartment units on the tower’s uppermost floors, among the highest in the Southeast
+/- 125,000 square feet of retail, restaurant and entertainment space
+/- 600,000 square feet of Class A office space anchored by Georgia-Pacific and Koch
+/- 35,000 square feet dedicated to a large central plaza
More than 2,100 parking spaces plus adjacent MARTA and Atlanta Streetcar transportation access
Future multi-phase development plans include opportunities for a hotel and additional retail and residences

“If realized, this will be more than just a redevelopment; it has the potential to generate economic growth and make mutual benefit for the city, local businesses, their employees, Georgia-Pacific employees and our vibrant community,” said Christian Fischer, president and CEO of Georgia-Pacific. “The office landscape has changed, and we recognize that the adaptive reuse of our site and office tower can make greater long-term value. We are also acutely aware of the need for more residential, shopping, dining, and entertainment options in our downtown neighborhood, which is why Georgia-Pacific is excited to provide a space that will offer unmatched opportunity in Downtown Atlanta.”
Georgia-Pacific has assembled a team of industry-leading experts to bring this project to life, including an in-house, mixed-use development team responsible for leading both the redevelopment efforts and the go-to-market strategy and capitalization of the project. External partners include Rule Joy Trammell + Rubio, architect of record; Healy Weatherholtz, retail broker; Kimley-Horn, civil engineering; Studio Saint, interior design; Brasfield & Gorrie, preconstruction; and Transwestern, consulting and property management.
“A thoughtful mixed-use project of this scale on Peachtree promises to launch a long-awaited renaissance for our city’s most vital main street business district,” said Clark Dean of Transwestern’s Transaction Sciences Group, who has consulted on this transformational project since its inception.
The ambitious undertaking will blend modern design with the building’s historic presence, revitalizing this prestigious downtown address as the cultural heart of Atlanta.
“This transformative redevelopment is a significant step in moving Atlanta forward, turning an vital block in the heart of the city into a vibrant and welcoming destination that breathes new life into downtown. This project aligns with many of our vital ‘Moving Atlanta Forward’ initiatives, including expanding much needed housing options and fostering economic revitalization that supports local businesses,” said Atlanta Mayor Andre Dickens. “With redesigned public spaces, new retail and restaurants, as well as simple access to public transit, we are making a unique downtown neighborhood that will bring fresh energy to our city. This development will draw residents, visitors, and businesses alike, reinforcing our vision of a safe, inclusive, and thriving downtown—one that is family-friendly and nurtures new talent. It’s about building a better Atlanta for everyone—today and for the future.”
This project also promises to be a boon for surrounding businesses by making a welcoming neighborhood with simple access to amenities and entertainment for companies and their employees seeking to work in the downtown area.
“Georgia-Pacific’s initial plans for a transformative redevelopment of this scale in the heart of Atlanta align perfectly with our vision to reimagine Downtown,” said Katie Kirkpatrick, president & CEO of the Metro Atlanta Chamber. “A catalyst for economic growth, this project will add momentum to others already underway and contribute to a world-class experience and vibrant neighborhood for years to come.”
The Georgia-Pacific Center has been an architectural landmark since its completion in 1982. Notable for its iconic stair-like design made of pink granite, it occupies the historic site of DeGive’s Grand Opera House, later the Loew’s Grand Theatre, where “Gone with the Wind” premiered in 1939. With its distinctive design and historical significance, this project will pay homage to Atlanta’s rich cultural past while shaping its dynamic future.

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