Thompson Thrift to Develop 284-Unit Luxury Multifamily Community Near Denver

Mixed-use development will bring luxury apartment homes and approximately 20,000 square feet of retail and restaurant space to highly supply-constrained Denver submarket

DENVER--(BUSINESS WIRE)--Thompson Thrift, a full-service nationally recognized real estate company, announced today the development of Alasso, a mixed-use development featuring 284 luxury apartment homes and approximately 20,000 square feet of vertically integrated retail and restaurant space in historic Golden, approximately 15 miles west of Denver. First resident move-ins are anticipated for early 2028.

“Golden is an exceptional market with many of the characteristics we look for when identifying opportunities for new development, including a strong employment base, exceptional connectivity and compelling demand for quality rental housing,” said Josh Purvis, managing partner of Thompson Thrift Residential. “Alasso will deliver a thoughtfully designed community that complements the character of Golden while providing residents with the quality, amenities and resident experience that define Thompson Thrift communities.”

Situated on approximately 9.3 acres on S. Golden Road, Alasso will offer studio, one-, two- and three-bedroom apartment homes with up to 1,730 square feet of living space. The development will consist of two four-story residential buildings, a parking garage with 430 structured spaces and approximately 20,000 square feet of ground-floor commercial space anticipated for restaurant, fitness, service and other neighborhood-oriented uses.

Located at the base of the Rocky Mountain foothills, Alasso will offer convenient access to I-70 and US-6, connecting residents to downtown Denver and Boulder. Major nearby employers include the National Renewable Energy Laboratory, Jefferson County, Molson Coors, Colorado School of Mines and CoorsTek. Residents will also be minutes from historic downtown Golden as well as outdoor and entertainment destinations including South Table Mountain, Red Rocks Park and Amphitheatre and several world-class ski resorts.

Golden remains one of the most supply-constrained multifamily submarkets in Colorado, with restrictive zoning, limited available land and historically constrained residential growth. The area also has a significant gap between the cost of renting and owning, with average home values exceeding $850,000 within three miles of the site.

“Golden offers a rare combination of employment, connectivity, outdoor recreation and quality of life, while opportunities to add new multifamily housing remain extremely limited,” said Bo Chapman, senior vice president of development for Thompson Thrift Residential. “Alasso is positioned to meet that demand with a mixed-use environment that brings together thoughtfully designed apartment homes, dining and service options, and convenient access to everything that makes Golden such an appealing place to live.”

Apartment homes will feature quartz countertops, stainless-steel appliances, hardwood-style flooring, full-size washers and dryers and smart-home technology. Community amenities will include a resort-style heated swimming pool, 24-hour fitness center, golf simulator, dog park, outdoor grilling and game areas, event suite and resident workspaces.

The name Alasso draws inspiration from Golden’s history, subtly referencing alloying and assaying, processes integral to the region’s gold-mining heritage. Gold tones incorporated into the community’s visual identity further connect its contemporary design to the city’s history.

Alasso will add to Thompson Thrift’s growing portfolio of multifamily communities in Colorado. The company has been active in Colorado for over 12 years and has developed more than 6,200 units across the state, spanning from Fort Collins to Colorado Springs.

Since its founding, Thompson Thrift has invested more than $7.3 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing and management of high-quality real estate projects nationwide.

About Thompson Thrift Real Estate Company

Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2026 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com.