Home One community Thompson Thrift Residential to develop 336-unit luxury Prism in Diamond Ridge multi-family community in Pittsburgh’s submarket

Thompson Thrift Residential to develop 336-unit luxury Prism in Diamond Ridge multi-family community in Pittsburgh’s submarket

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PITTSBURGH, PA – Thompson Thrift Residential, a wholly-owned subsidiary of Indianapolis-based Thompson Thrift and one of the nation’s leading multi-family developers, announced the development of Prism at Diamond Ridge, a 336-unit luxury multi-family community located in Moon Township, a prosperous suburb of Pittsburgh. Resident move-ins are expected to begin in the first quarter of 2023.

“Pittsburgh is one of America’s fastest growing cities for tech jobs, and more than 50% of the city’s population is made up of Millennials and Gen Z residents who are in their prime years. leasing,” said Brian Southworth, senior vice president of acquisitions, partner. “Our dedication to developing premier communities built on modern style, luxury and convenience will provide a welcome new rental option for the region’s growing population.”

Located at 2000 Market Place Boulevard, Prism at Diamond Ridge is conveniently located off I-376, just 10 minutes from downtown Pittsburgh and close to Pittsburgh International Airport. In addition, several major employers are in the area, including Cigna, Thermo Fisher Scientific, FedEx Ground Headquarters, and Dick’s Sporting Goods Headquarters.

Set on 22 acres, Prism at Diamond Ridge will feature 336 one-, two-, and three-bedroom apartments in a classic three-story garden-style layout. Each home will feature spacious open floor plans with the highest quality finishes, including gourmet bar kitchens with quartz countertops and generous storage; tile backsplashes; stainless steel appliances; modern plumbing fixtures; tiled showers with glass doors; 9 foot ceilings with designer light fixtures; wood-inspired flooring; walk-in closets; full size washers and dryers and much more. Residents will also have the opportunity to enjoy resort-style community amenities including a professionally decorated clubhouse, 24-hour fitness center, pool with cabanas, community gardens, fitness trails , bike repair shops, bark parks and dog spas.

Prism to Diamond Ridge will connect via sidewalk to the Montour Trail, the nation’s longest commuter railroad, which is a non-motorized multi-use recreational trail that stretches 47 miles from Coraopolis to Clairton.

In addition to its accessibility to many of the area’s top employers, Prism at Diamond Ridge is also close to several national retailers like Costco, Sam’s Club and Lowe’s, as well as regional malls, Robinson Town Center and The Mall at Robinson. , which is anchored by Dick’s Sporting Goods, JCPenney and Macy’s. The property is also located in the popular Moon Area school district.

In 2021, Porch.com ranked Pittsburgh as one of the nation’s “best places to move after college” and recent expansions by Uber and Google have served as a major economic catalyst.

Prism at Diamond Ridge is Thompson Thrift Residential’s second community in Pennsylvania, after Meeder Flats, located in Cranberry Township. Thompson Thrift has made a name for itself as one of the few developers to build Class A residential communities in markets across the country with a range of conventional luxury villas and townhouse style communities. The company recently earned the distinction of being named one of the GlobeSt. Real Estate Forum’s Multifamily Real Estate Influencers for 2021.