INDIANAPOLIS, IN – Thompson Thrift, a full-service, nationally recognized real estate company and the master developer of Fishers District, announced that it has officially broken ground on The Union at Fishers District, the final phase of the master-plotted development in the Indianapolis suburb of Fishers. This mixed-use development will bring new luxury residences, vibrant retail and office space, and Indiana’s first AC Hotel by Marriott to one of the state’s fastest-growing cities.
“The Union at Fishers District reflects the power of right collaboration across our teams at Thompson Thrift,” said Dan Sink, president and chief financial officer at Thompson Thrift Development. “This final phase brings together our deep expertise in construction, residential, and commercial development to deliver a vibrant, high-quality destination that will serve the community for years to come.”
Located near Interstate 69 and 116th Street, the commercial part is expected to complete construction late in 2026 and will include 57,000 square feet of retail, restaurant and entertainment space, 70,000 square feet of Class A office space and a 135-room AC Hotel. Additionally, a central event plaza will serve as a vibrant gathering place for both visitors and residents, fostering a lively atmosphere throughout the year.
“The office space at The Union will meet the growing demand of companies seeking a modern, amenity-rich work environment in a prime location,” said Ryan Menard, vice president of development for Thompson Thrift Commercial. “Positioned above retail spaces and framing the central plaza, these offices will benefit from an integrated experience, with restaurants, hotel and entertainment venues just steps away.”
Tenants with signed leases include Piedra, a modern, upscale Mexican restaurant; Niku Sushi.Kitchen.Bar offering contemporary Japanese cuisine; Kitchen Social, a polished casual restaurant serving international cuisine; Everbowl, a health-focused, quick-casual spot; and Thai restaurant, Racha Thai. Medical spa Renova Aesthetics and Sweathouz, a wellness-focused facility offering various health and recovery treatments, will also be among the first to open. Thompson Thrift is actively negotiating leases on the remaining spaces.
The Union Flats will be a Class A multifamily community designed to attract residents seeking a modern, upscale living experience. The 251 apartment homes will be located above ground-floor retail space and are expected to welcome residents in late 2026. A standout feature will be the amenity deck, complete with a resort-style swimming pool, outdoor entertainment kitchen, community grilling areas and electric firepits with seating areas. Other community amenities will include a fully equipped fitness center with 24-hour access, bike storage, focus suites, a dog park with agility equipment, a pet spa with grooming station, and much more.
“The Union Flats will bring a modern, elevated living experience to one of Fishers’ most dynamic and walkable locations,” said Josh Purvis, managing partner for Thompson Thrift Residential. “With thoughtfully designed apartment homes and resort-style amenities just steps away from restaurants, shopping and entertainment, we’re making a community where convenience and lifestyle come together.”
Inside the studio, one-, two- and three-bedroom apartment homes, residents will find many of the luxury touches Thompson Thrift communities are known for, including elegant quartz countertops, stainless steel appliances, side-by-side refrigerator, a full-size washer and dryer, large walk-in closets and energy-efficient LED lighting.
“Fishers is a city that proudly embraces innovation and quality of life,” said Fishers’ Mayor Scott Fadness. “The Union at Fishers District’s walkable design, gathering spaces and diverse shopping, entertainment and hospitality offerings will provide our residents and visitors with exceptional amenities and experiences.”
Thompson Thrift first started work on the Fishers District development in 2015 and received a Monumental Award from the Indianapolis Chamber of Commerce in 2020 for the first phase. Once completed, the $750 million development will span 123 acres and will offer an array of multifamily, townhome, hotel, office, dining, shopping and entertainment options connected by well-designed walking paths that allow residents and visitors to explore the master-plotted development on foot.
Since its founding nearly 40 years ago, 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 communities and commercial projects across the Midwest, Southeast and Southwest.

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FRISCO, TX – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated developer, property manager and asset manager, announced the start of leasing at The Ansel, its newest luxury community in the heart of Texas.
The Ansel, a mid-rise luxury community featuring 355 apartment homes, draws inspiration from its Ansel Adams namesake to make a tranquil connection with nature amid the spirited lifestyle of Frisco. With a canvas of green landscapes surrounded by sophisticated property features and downtown energy, residents of The Ansel have the opportunity to paint their own living experience.
“The Ansel was designed to invite in its natural surroundings while capturing a modern vibe through technological conveniences and thoughtfully appointed homes,” said Nick Jacob, Director, Texas Development for Quarterra. “Residents are ideally positioned to take advantage of everything Frisco has to offer, from high-end dining to boutique shopping, or tap into outdoor experiences through nearby parks and trail systems. We’re excited to welcome residents to this exceptional living experience and be an active part of this dynamic community.”
The Ansel puts residents just minutes from the retail opportunities at Legacy West, Stonebriar Centre, the Shops at Starwood, Frisco Bridges North and Preston Ridge U141. Nearby destination dining venues include Eddie V’s, III Forks, The Capital Grille, Trick Rider and Lombardi Cucina. Residents will find something for everyone at Grandscape, a local cultural hub featuring concerts, outdoor movies, children’s attractions, interactive entertainment experiences, shopping and dining. And football enthusiasts can revel in a day at The Star — the 91-acre world headquarters of the Dallas Cowboys — just minutes away and offering the ultimate fan experience.
Residents looking to soak in the Texas sun have plenty of options at nearby Cottonwood Creek Greenbelt, Frisco Mountain Bike Trail, Beavers Bend Trail, Arbor Hills Nature Preserve, Frisco Commons, The Rail District and Texas Sculpture Garden.
Situated at 4220 Tributary Way, The Ansel is just blocks from the Sam Rayburn Tollway (121) and 1.5 miles from Dallas North Tollway (DNT) – a 30.2-mile controlled-access route running from Interstate 35E near Downtown Dallas to U.S. Highway 380 in Frisco. It provides a direct commute to much of the Dallas-Fort Worth metroplex. Residents of The Ansel also have quick access to The Colony, a neighboring city to the south, and Plano, a larger city slightly farther south that is the corporate headquarters for several major companies. Top regional employers include Toyota, JP Morgan, The Star, Marriott, Hilton, Bank of America and Grandscape, as well as various healthcare providers and local municipalities. In addition to top quality Lewisville Independent School District schools, residents can find extensive coursework options at the University of North Texas, Collin College (Frisco campus), Amberton University and the University of Texas – Dallas.
The Ansel is composed of studio, one- and two-bedroom apartment homes, with spacious floor plans ranging from 588 to 1,384 square feet. Residents can choose from two designer color schemes to match their personal preference. Homes feature expansive kitchens designed for culinary creativity, accented by custom pendant lighting, quartz countertops, stainless steel appliances, undermount sinks with designer faucet hardware to blend functionality with modern elegance. Luxury vinyl plank flooring flows throughout the main living areas, while carpeted bedrooms include generous walk-in closets. Oversized windows provide ample natural light and bring sunsets and cityscapes into the home. Bathrooms include dual vanity sinks and stunning tile flooring and shower surrounds, combining durability with a timeless design. All homes come equipped with keyless entries, smart thermostats and USB outlets, while select units include gourmet kitchen islands.
Residents can recharge poolside and make a day of it with outdoor grilling stations. A state-of-the-art fitness center, modern recreation room, clubhouse with a social lounge, and plush pet park also offer ideal areas to unwind. The community is complete with EV charging stations in the parking structure, Parcel Hub package lockers and a designated bike storage area with a wash and repair center.
The Ansel is Quarterra’s fifth Texas community and its first venture into the Dallas/Forth Worth metroplex.

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CHICAGO, IL – Core Spaces, a vertically-integrated real estate developer, owner, and operator, is driving the expansion of Oxenfree, its flagship Build-to-Rent (BTR) brand. Core’s portfolio now encompasses nearly 3,000 homes across rapidly growing markets, including Dallas-Fort Worth, Denver, Nashville, Charlotte, Austin, Raleigh, and Florida’s Gulf Coast.
Notable milestones include the completion of Oxenfree WeHo in Nashville’s booming Wedgewood-Houston neighborhood, marking the brand’s first fully delivered community; and Oxenfree Princeton near Dallas now offering go-in ready homes and completed amenities. Four additional communities in Dallas and Denver are slated for pre-leasing this year.
Core’s innovative approach to development, design, and property management distinguishes its purpose-built BTR communities in the Oxenfree portfolio. Rooted in new urbanist principles, these neighborhoods prioritize walkability, communal spaces, and seamless integration with the surrounding environment. The residences, ranging from spacious single-family homes to stylish townhomes, boast sophisticated interiors, premium finishes, cutting-edge smart home technology, and private garages, elevating the living experience. Meticulously plotted green spaces and an array of high-end amenities, including resort-inspired pools, multi-functional fieldhouses, and state-of-the-art fitness facilities, foster a strong sense of belonging and community engagement.
“The housing landscape is changing, with supply challenges and shifting consumer needs,” said Cliff Payne, Chief Investment Officer of BTR at Core Spaces. “We believe our design-build approach can continue to help meet these needs through Oxenfree. As the Build-to-Rent sector grows, we’re focused on delivering quality living options and expanding our portfolio in a way that addresses the evolving housing market.”
Situated in Nashville’s vibrant Wedgewood-Houston neighborhood, Oxenfree WeHo offers 96 homes featuring three- and four-bedroom, multi-level townhomes, each equipped with a private garage. Residents delight in thoughtful amenities, including a resort-style pool and an expansive outdoor entertaining space with a lush amenity lawn. Oxenfree Princeton has go-in ready homes and is slated for full delivery of its 408 homes and townhomes in late 2025. Residents now have access to a wide array of premium indoor and outdoor amenities, including a resort-style pool, a communal clubroom fieldhouse, a sport court, and a state-of-the-art fitness center.
Several additional Oxenfree communities are advancing in the development pipeline and are targeting pre-leasing for late summer 2025 including three locations in Dallas-Fort Worth: Oxenfree Rowlett offering 158 single-family homes townhomes, Oxenfree West Oak offering 323 homes, and Oxenfree Stonebriar offering 95 townhomes along with Oxenfree Clear Creek in Denver, CO offering 116 duplex-style homes. Oxenfree Parklin in Charlotte, N.C. and Oxenfree Commerce City in Denver, CO are scheduled for delivery in 2026, further expanding Core s presence in key markets.
“At Core, our goal is to make lasting connections with our residents throughout their lives,” noted Dan Goldberg, President at Core Spaces. “Building on our experience in student and conventional housing, we’re now bringing our expertise in design and hospitality to the next chapter of their journey with Oxenfree. We see tremendous potential in single-family rentals to redefine the living experience and set a new benchmark for purpose-built communities that truly meet the evolving needs of our residents.”
Core s BTR portfolio draws on its established success in student housing. Its award-winning student portfolio consists of over 70 communities and over 49,000 beds across the country, with a pipeline of over 45,000 beds. With a winning track record in ground up development and property management, Core brings the same level of innovation, design, and hospitality to transform single-family, residential living.

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