MULTIFAMILY NEWSROOM.

Thompson Thrift Plans 327-Unit Community in North Charleston, Enters South Carolina Market

By Multifamily Newsroom™

NORTH CHARLESTON, SOUTH CAROLINA, SEPTEMBER 16, 2026 — Thompson Thrift announced plans to develop The Whitmore at Ingleside, a 327-unit Class A multifamily community in North Charleston. The project represents the company's first development in South Carolina and expands its presence to 25 states.

The community will be located on approximately 19 acres within the Ingleside master-planned development, near the Weber Boulevard interchange and Interstate 26. Construction is expected to begin this month, with resident move-ins targeted for November 2027.

"Expanding into South Carolina and reaching 25 states is an important milestone for Thompson Thrift," said Josh Purvis, managing partner of Thompson Thrift Residential. "We are excited to enter the Charleston market with The Whitmore at Ingleside, a thoughtfully designed community that will meet the region's growing demand for high-quality rental housing in a well-connected location."

The development will feature a mix of studio, one-, two- and three-bedroom apartment homes in three- and four-story buildings. Units will include quartz countertops, stainless-steel appliances, hardwood-style flooring, smart-home technology, full-size washers and dryers, walk-in closets, detached garages and private patio, balcony and yard options.

Community amenities will include a resort-style swimming pool, 24-hour fitness center, pickleball court, pocket park, electric firepit gathering areas, grilling stations, pet spa, 2 dog parks, and a resident social hub with billiards, coffee bar, focus suites and conference room.

The community is situated within the 1,500-acre Ingleside master-planned development, which includes commercial, industrial and recreational uses, along with more than 200 acres of green space. The location provides access to downtown Charleston, Charleston International Airport, Palmetto Commerce Park, Joint Base Charleston, Boeing, Mercedes-Benz Vans and other employers.

According to the company, the Charleston region is experiencing economic growth driven by major employer investments. Recent expansions include Roper St. Francis Health's $1.2 billion, 328-bed hospital campus in North Charleston, Boeing's $1 billion expansion, Volvo Cars' expansion expected to generate approximately 1,600 additional jobs, and KEEL's $70 million defense manufacturing facility.

The development will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development, LP. Over the past 40 years, Thompson Thrift has invested more than $7.3 billion into communities across the country.