Thompson Thrift to Develop 308-Unit Stella Near Phoenix

by Channing Hamilton

SAN TAN VALLEY, ARIZ. — Thompson Thrift is set to begin construction on Stella, a 308-unit community in the Phoenix suburb of San Tan Valley, this month. This will be Thompson Thrift’s sixth community in Arizona. Stella will comprise 12 two- and three-story buildings, as well as green spaces, a pool, two pickleball courts, two dog parks. Units will come in one-, two- and three-bedroom floor plans and include features such as quartz countertops, hardwood-style flooring, stainless steel appliances, internet access, ceiling fans, washers and dryers, smart thermostats and an Alexa-compatible smart hub. Stella is expected to open for residency in late 2024.

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