COLORADO SPRINGS, COLO. — Indianapolis-based Thompson Thrift will develop Switch, a 276-unit community situated within the Polaris Pointe development in Colorado Springs. Construction is slated to begin imminently, with first resident move-ins slated for fall 2025.
Switch will feature one-, two- and three-bedroom apartments. The average unit size will be approximately 1,000 square feet. Planned amenities include a fitness center, pool, electric fire pits, a billiards and shuffleboard area, bike storage and workshop, outdoor entertainment kitchen, community-wide Wi-Fi, a conference room, dog park, pet spa and Starbucks coffee bar. The community will also include access to an on-site service team and mobile app.
Switch is Thompson Thrift’s 18th community in Colorado and is the final project funded with equity from the Thompson Thrift 2023 Multifamily Development LP fund.
Polaris Pointe is a 200-acre retail complex. The property features the Ford Amphitheater, an 8,000-seat entertainment venue with a 45,000-square-foot restaurant and event center. Additional commercial tenants at Polaris Pointe include Sprouts, Bass Pro Shops, Chick-fil-A, Top Golf, iFly, AirCity 360 and Overdrive Raceway.