Apartment community announced for former outlet mall site in St. Johns

Thompson Thrift plans to complete Terrassa, a 324-unit luxury project east of Interstate 95, in 2026.

Terrassa, a 324-unit luxury apartment community, is planned at the former St. Augustine Outlets property off Interstate 95 in St. Johns County.
Terrassa, a 324-unit luxury apartment community, is planned at the former St. Augustine Outlets property off Interstate 95 in St. Johns County.
Thompson Thrift
  • Real Estate
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Thompson Thrift Development Inc. announced plans July 8 to develop Terrassa, a 324-unit luxury apartment community that is part of the redevelopment of the former St. Augustine Outlets property off Interstate 95 in St. Johns County.

The mall was demolished in 2022. The property on the east side of I-95 north of Florida 16 is under redevelopment.

Thompson Thrift said it expects to begin construction this month, with completion in fall 2026.

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