Thompson Thrift Breaks Ground on 319-Unit Avira at Silver Comet Trail in Powder Springs Georgia

2 minutes read
by Multifamily Summit
Thompson Thrift Breaks Ground on 319-Unit Avira at Silver Comet Trail in Powder Springs Georgia

Thompson Thrift announced the development of Avira at Silver Comet Trail, a 319-unit multifamily community in Powder Springs, Georgia. Construction is underway with resident move-ins expected to begin in October 2027.

The community is located at the southeast corner of Highway 278 and Isley Stamper Road. According to the company, the site is adjacent to the Silver Comet Trail, a 61.5-mile multiuse trail that spans Cobb, Paulding and Polk counties and provides opportunities for walking, running and cycling.

"Avira at Silver Comet Trail exemplifies the thoughtful, lifestyle-focused development that continues to drive our growth across the Southeast," said Josh Purvis, managing partner at Thompson Thrift Residential. "With direct access to one of Georgia's premier recreational trails and convenient connections to employment, shopping and entertainment, this community will offer residents an exceptional place to call home."

The development will feature a mix of 1-, 2- and 3-bedroom apartment homes in 3- and 4-story buildings. Units will include quartz countertops, stainless-steel appliances, tile backsplashes, hardwood-style flooring, full-size washers and dryers, walk-in closets, smart-home technology and private patio, balcony and yard options.

Community amenities will include direct access to the Silver Comet Trail, a resort-style swimming pool, fitness center, courtyards, pickleball court, dog park and pet spa. The development will also feature a basketball court, children's play area, community gathering spaces, grilling areas, coworking focus suites, billiards and shuffleboard.

The company stated the location offers proximity to employment hubs throughout northwest Atlanta, including the Westside Logistics and E-Commerce Industrial Corridor, which supports more than 28,000 jobs, as well as Wellstar Paulding Medical Center and Wellstar Cobb Medical Center.

The development will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development, LP. Thompson Thrift is a nationally recognized real estate company and multifamily developer.

multifamily investment
multifamily
real estate operations
multifamily market trends
multifamily investment summit
multifamily investment events
multifamily investor strategies
Multifamily Summit

About the Author

Multifamily Summit

The Multifamily Investment Summit is an exclusive, high-level gathering of executives, meticulously designed for a limited audience of multifamily investors, operators, and industry leaders. Unlike traditional events with thousands of attendees, sprawling tradeshow floors, and sponsored speaker panels, this summit breaks the mold.

Related Articles

Greenfield Partners Launches Domica Employee Housing Platform With 70-Unit Naples Development
October 21, 2026

Greenfield Partners Launches Domica Employee Housing Platform With 70-Unit Naples Development

Greenfield Partners has launched Domica, a new employee housing platform targeting workforce housing challenges in hospitality, private clubs, and healthcare. The company broke ground on its first development in Naples, Florida—a 70-unit community with 35 units pre-leased to a members-only beach club. The platform addresses the estimated 7.2 million shortage of attainably priced apartments by developing properties specifically for employer block leases, complete with furnishings and support services.

Walker & Dunlop Arranges $110 Million Refinancing for 731-Unit Multifamily Portfolio in Stafford Texas
October 19, 2026

Walker & Dunlop Arranges $110 Million Refinancing for 731-Unit Multifamily Portfolio in Stafford Texas

Walker & Dunlop has arranged $110 million in refinancing for two Class A multifamily properties in Stafford, Texas. The transaction covers 1879 at the Grid and Arc at the Grid, totaling 731 units within a 192-acre mixed-use development. The company's Capital Markets Institutional Advisory division arranged the floating-rate, interest-only loan for Lone Star Funds, provided by TPG Real Estate Credit. The properties benefit from strategic positioning along the U.S. 90A corridor.

RangeWater Breaks Ground on 274-Unit Ellory House at Lulah Hills Mixed-Use Development in Atlanta
October 16, 2026

RangeWater Breaks Ground on 274-Unit Ellory House at Lulah Hills Mixed-Use Development in Atlanta

RangeWater Real Estate and Nippon Steel Kowa Real Estate Co. break ground on Ellory House, a 274-unit apartment community with 39,000 square feet of integrated retail at Lulah Hills in Atlanta. The mixed-use project sits along the development's main street and across from Lemon Park, positioning residents near retail, dining and gathering spaces. This marks RangeWater's first development with NSKRE and 31st project in Atlanta's market.

Multifamily Innovation® Technology & AI Summit

Connect with industry leaders and gain insights into the multifamily real estate market. The premier conference for multifamily investment professionals.

Date
December 1-3 2026
Location
Phoenix, Arizona
Register Now