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Thompson Thrift Launches Construction of The Residences at The Gilmore in Gilbert

Burstable News - Business and Technology News August 6, 2025
By Burstable News Staff
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Thompson Thrift Launches Construction of The Residences at The Gilmore in Gilbert

Summary

Thompson Thrift has commenced construction on The Residences at The Gilmore, a luxury apartment community in Gilbert, Arizona, marking a significant step in the development of a 35-acre mixed-use project expected to enhance the local lifestyle and economy.

Full Article

Thompson Thrift, a renowned full-service real estate company, has officially started construction on The Residences at The Gilmore, the multifamily segment of a sprawling 35-acre mixed-use development in Gilbert, Arizona. This ambitious project is poised to introduce 300 upscale apartment homes by early 2027, offering a variety of studio, one-, two-, and three-bedroom floorplans across two four-story buildings.

Located strategically in the Southeast Valley, near Loop 202 at Val Vista Drive and Germann Road, The Residences at The Gilmore is designed to be a contemporary lifestyle destination. Josh Purvis, managing partner for Thompson Thrift Residential, emphasized the development's focus on fostering community and convenience through its design and amenities. The apartment homes will feature premium finishes such as stainless-steel appliances, quartz countertops, and smart home technology, alongside a host of upscale amenities including a resort-style pool, fitness center, and pet-friendly spaces.

The Gilmore development aims to create a vibrant community hub with approximately 200,000 square feet of retail space, including a 64,000-square-foot Safeway and various dining and entertainment options. This integration of residential and commercial spaces is expected to significantly impact the local economy and lifestyle, offering residents and visitors alike a seamless blend of convenience and luxury.

Brian Timberman, president of Thompson Thrift Construction, highlighted the project's central location and commitment to quality as key factors that will provide residents with an exceptional living experience. The development's proximity to major employers and transportation routes further enhances its appeal, promising easy commutes and access to the greater Phoenix area.

Thompson Thrift's investment in The Gilmore reflects its broader commitment to developing high-quality, attractive communities across the United States. With a portfolio that includes several notable projects in Arizona, the company continues to play a pivotal role in shaping the state's real estate landscape. For more information on Thompson Thrift and its projects, visit https://www.thompsonthrift.com.

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