Multifamily developer Thompson Thrift announced plans to develop Heritage on Hover, a 324-unit Class A multifamily community in the Boulder suburb of Longmont, Colo. Construction is expected to be completed in winter 2026.
“Longmont and the surrounding Boulder area have become a magnet for growth, attracting a thriving population and some of the nation’s fastest-growing private companies,” said Josh Purvis, managing partner for Thompson Thrift Residential. “With a strong economy, low unemployment and a highly educated workforce, the demand for quality housing options continues to rise. Heritage on Hover will deliver a modern and luxurious rental experience, providing residents with the style, comfort, and convenience that Thompson Thrift communities are known for.”
Located near the intersection of Mountain Brook Dr. and South Hover St., Heritage on Hover will feature three-story buildings with one-, two- and three-bedroom layouts averaging nearly 1,000 square feet. Thompson Thrift apartment homes include premium interior finishes, including quartz countertops, stainless steel appliances, side-by-side refrigerators, full-size washers and dryers, large walk-in closets and multiple smart home capabilities. Additionally, select homes will feature cabinetry with soft-close doors, a deluxe closet system with shelving, premium lighting, a dry bar and advanced smart home capabilities. Private patios, balconies, yards and detached garage options will also be available.
Amenities will include an outdoor entertainment kitchen and grilling areas, a fully equipped 24-hour fitness center, a resort-style heated swimming pool and spa, electric firepits with seating areas, a billiards and shuffleboard area, a dog park, bike storage and a Starbucks coffee bar. Residents working from home will enjoy the convenience of focus suites and community-wide Wi-Fi. An on-site service team, valet trash service and a user-friendly mobile app will also be available.
Equity for the development was provided by Thompson Thrift 2024 Multifamily Development Fund LP.








