Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the addition of Paragon Theaters to Founders Row, a mixed-use lifestyle center in the heart of Falls Church.
Paragon Theaters will add 600-plus seats and seven screens, including its innovative Lux Box concept featuring heated “Zero Gravity” reclining seats, complete with privacy walls. Guests can enjoy an array of food and beverage conveniently delivered to their seats with the convenience of QR code ordering. In addition, Paragon will bring its Axis 15 Extreme, a ground-breaking large format Auditorium with a 65-foot screen tilted 15 degrees for optimal viewing. Axis 15 Extreme will feature Laser projection, Dolby Atmos sound and 3D capability.
The area’s most advanced moviegoing experience is coming to Founders Row, which sits at the intersection of West Broad and North West Streets about 10 miles west of Washington, D.C. The theater, which will also include a full-service restaurant and bar along with “Barcade” entertainment options on the ground floor, will join the retail landscape at Founders Row that also includes restaurants Ellie Bird, Chasin’ Tails, Nue, Roll Play Vietnamese Grill, Kyu Ramen and Kyo Matcha, along with other retailers such as Club Pilates and 4Ever Young Med Spa.
“We are thrilled to welcome Paragon Theaters to Founders Row,” said Joe Muffler, senior managing director of development for Mill Creek Residential. “While previous efforts to bring a theater to the City of Falls Church were thwarted by the pandemic, we have nevertheless worked tirelessly to realize the vision that we set to create when this project was first approved in 2016. We firmly believe in the future of movies and the exhibition industry, so this is the best possible outcome to partner with such a high-level theater operator. We believe the addition of Paragon Theaters will further transform Founders Row into a true destination community.”
Paragon Theaters was formed in 2009 by former Muvico Entertainment executives Mike Whalen, Jr. and Mike Wilson. The company has a proven track record of building, retrofitting and operating successful movie theaters throughout the southeast U.S. Paragon’s portfolio currently consists of seven operating theaters in Florida, North Carolina and Virginia, with the most recent theater addition the brand-new Paragon Fenton location in Cary, N.C., which opened in summer 2022.
“Founders Row is a genuinely unique development that attracts a wide array of residents and visitors, and we’re eager to make it the next home of Paragon Theaters,” said Mike Wilson, Co-CEO of Paragon. “We believe the theater will become an immediate attraction and offer an unmatched entertainment experience in the area.”
Founders Row boasts a centralized location within Falls Church, a charming inside-the-Beltway suburb of Washington, D.C. that features a thriving school system, an active arts and cultural presence, and direct access to the Washington & Old Dominion (W&OD) trail, a paved 45-mile rail trail that extends through northern Virginia.
“With new development, the City consistently seeks to bring in popular amenities like great retail, restaurants and entertainment that residents and visitors can all enjoy,” said Falls Church Mayor P. David Tarter. “We congratulate Mill Creek on this milestone at Founders Row and look forward to welcoming Paragon Theaters to the City.”
Located at 110 Founders Avenue, Founders Row includes 80,000 square feet of overall luxury retail space and offers two distinct apartment communities. Modera Founders Row is a contemporary market-rate community featuring 322 homes, and Verso Founders Row is a 72-home age-restricted community dedicated to individuals 55 years and older.
“Adding our anchor back into the mix at Founders Row is extremely exciting,” Muffler said. “We have spent nearly a decade curating a vision with our partners, CrossHarbor Capital Partners, and the City of Falls Church to create an exciting, boutique lifestyle entertainment environment within the Beltway. Combining Paragon with Michelin-award winning chefs at Ellie Bird, and best-in-class operators such as the HEH Group, IVEA Restaurant Group and our other retailers, fulfills that goal, and we are thrilled to be opening retail at Founders Row before the end of 2022.”
There is limited available space for restaurants and other boutique shops remaining at Founders Row. To inquire about available retail space, please contact Chris Wilkinson, principal at Willard Retail. He can be reached at 301-657-7330 or عنوان البريد الإلكتروني هذا محمي من روبوتات السبام. يجب عليك تفعيل الجافاسكربت لرؤيته..
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced preleasing is underway at Modera Woodbridge, a mixed-use apartment community situated on Main Street within steps of Downtown Woodbridge.
The community, which sits in a commuter-friendly location about 25 miles southwest of New York City, features 279 apartment homes and more than 6,000 square feet of ground-floor retail space. Residents will be within walking distance of a variety of dining, retail and nightlife options and adjacent to a New Jersey Transit station that provides direct access to New York City. Move-ins will begin in November.
“The revitalization of Downtown Woodbridge will make an already charismatic locale even more of an attractive destination with a relaxed but sophisticated appeal,” said Russell Tepper, senior managing director of development for New Jersey for Mill Creek Residential. “We’re eager to officially join Main Street, and our team is so appreciative of the committed working relationship we’ve enjoyed with the Township of Woodbridge to make certain this community further complements the downtown. We look forward to welcoming our first residents and to offering a best-in-class experience.”
Positioned at 10 Main Street, Modera Woodbridge is within a short drive of the popular Woodbridge Center and less than two miles from 126-acre William Warren Park. Many key thoroughfares are easily accessible from the community, including the New Jersey Turnpike, Garden State Parkway and Interstate 287, which provide connectivity to the greater New York metropolitan area.
Modera Woodbridge offers one-, two- and three-bedroom apartment homes with an average size of 886 square feet and den layouts available. Community amenities include a rooftop deck with barbecue area, club-quality fitness studio, resident clubhouse, pool table, conference room, coffee bar and pet spa. Residents will also have access to controlled-access garage parking, dedicated bike storage and additional storage space.
Apartment interiors include nine-foot ceilings, wood plank-style flooring, quartz countertops, breakfast bars, stainless steel appliances, custom 42-inch cabinetry, pendant lighting, upgraded fixtures, tile backsplashes, in-home washers and dryers, walk-in closets and private patios or balconies. Bathrooms feature tile shower surrounds, linen closets and double vanities. Residents will also have access to valet dry cleaning.
The community will also offer a robust smart-home experience with app-enabled access to apartment homes and community amenity spaces. Homes will also feature smart thermostats that can be controlled by a resident’s personal device.
Modera Woodbridge marks Mill Creek’s ninth community within the company’s rapidly growing New Jersey portfolio.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced construction is underway on Modera Raleigh Hills, a contemporary apartment community located in the western portion of the Portland metropolitan area.
The five-story community, which will feature 270 apartment homes, is based in the emerging Raleigh Hills neighborhood in Beaverton, home to the world headquarters of Nike and Tektronix. Modera Raleigh Hills will boast larger floor plans to accommodate the work-from-home boom, in addition to co-working and conference spaces. First move-ins are anticipated for summer 2024.
“We are thrilled to join the Raleigh Hills neighborhood and firmly believe this community will blend the best aspects of urban and suburban living,” said Sam Rodriguez, senior managing director of development in Portland for Mill Creek Residential. "Modera Raleigh Hills will offer amenities typically found in suburban communities, such as larger home sizes, ample parking and best-in-class amenity spaces. The proximity to downtown Beaverton and the MAX light rail lines will provide added conveniences for our residents."
Situated at 4822 SW Western Avenue, Modera Raleigh Hills will be positioned within blocks of Highway 217 and Beaverton’s downtown area. In addition to the Nike and Tektronix headquarters, each less than a 12-minute drive from the community, the Intel Campus is located 24 minutes away in Hillsboro. The community will sit within a 20-minute drive of Portland’s Central Business District and a 10-minute bike ride from the MAX Line, which provides additional connectivity to the metropolitan area. The area boasts an improving Walk Score of 79 and a Bike Score of 71.
Modera Raleigh Hills will consist of studio, one- and two-bedroom homes with various layouts and an average square footage of 806. Community amenities will include a swimming pool and spa, club-quality fitness center, dedicated private and shared co-working spaces, clubroom with demonstration kitchen, barbecue grills, rooftop patio, courtyard and pet wash. Residents will also have access to a media room, package lockers, dedicated bike storage and EV-charging stations.
Apartment homes will include a variety of refined features and finishes, including stainless steel appliances, quartz countertops, tile backsplashes, roller shades, luxury vinyl-plank flooring, in-home washers and dryers, walk-in closets, smart thermostats and private patios or balconies. Bathrooms will be equipped with LED lighting, including backlit mirrors.
Modera Raleigh Hills will mark Mill Creek’s eighth ground-up development in the Portland area. Others include Modera Akoya, Modera Belmont, Modera Buckman, Modera Morrison and Modera Pearl.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Modera Kierland, a contemporary mixed-use apartment community in the upscale Kierland neighborhood.
The community, Mill Creek’s first in the Phoenix metro, will feature different living opportunities in two separate buildings with a combined 438 homes and 14,891 square feet of ground-floor retail space. Modera Kierland will offer views of the McDowell Mountains to the east and overlook the Kierland Golf Course and Camelback Mountain to the west and south. An official groundbreaking ceremony is tentatively scheduled for late October and first move-ins are anticipated for spring 2025.
“We’ve long admired the Kierland area and North Scottsdale and cannot adequately express how excited we are to officially join the market with Mill Creek’s flagship development in the Arizona market,” said Tyler Wilson, managing director of development in Arizona for Mill Creek Residential. “Modera Kierland will be a unique development with two buildings offering a distinct ambiance and living experience. The market-rate community in the project’s east building will be a haven for renters seeking a fun and edgy living experience, while the west building will cater to a more sophisticated renter looking for larger luxury homes in a more boutique building, which will include amenities and services targeted at urban downsizers and work-from-home professionals seeking something special.”
Situated at 7171 E. Paradise Lane, the community is walkable to both Kierland Commons and the Scottsdale Quarter retail and entertainment hubs. Modera Kierland will feature a public community park at the main entry and put residents within steps of a walking trail that winds through the neighborhood. The community is also approximately two miles from the 101 Freeway, which provides connectivity to the greater Phoenix area.
The east building contains 257 homes and will be situated above the community’s retail space along the Scottsdale Road frontage, with a traditional mix of apartment homes and a generous average square footage of 955 per home. Common-area amenities will include a large pool courtyard, outdoor bar, gaming areas and rooftop deck. The west building contains 181 homes and will run along the Kierland Golf Course and hiking trail and feature amenities for residents looking to downsize out of larger homes. Amenities will include private dining, chef's presentation areas, a sauna and health club, and additional wellness-inspired amenities. Homes in the west building will boast an average size of 1,233 square feet.
Modera Kierland will offer one-, two- and three-bedroom homes with den, loft and penthouse layouts available. Thirty-eight homes will feature private rooftop patios. Home interiors will be equipped with a variety of deluxe features, including nine-foot ceilings, wood plank-style flooring, stainless-steel appliances, quartz countertops, tile backsplashes, soft-close cabinets, pendant lighting and upgraded fixtures. The community will also include a variety of smart features, including Honeywell thermostats, controlled-access entry, digital package lockers and EV charging stations.
Residents will also have access to an onsite pet park and pet spa, bike lockers, dedicated bike storage and additional storage spaces.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the acquisition by its Mill Creek Multifamily Value-Add Fund of Alister Lake Lynn, a garden-style apartment community in Northwest Raleigh.
The three-story community, which features 312 apartment homes, is situated just off of Creedmoor Road and sits within the city’s picturesque Northwest area, which is notable for its established neighborhoods with green spaces, tree-lined streets and comfortable ambiance. Alister Lake Lynn benefits from its close proximity to major jobs centers in Raleigh, including the country’s largest research park (Research Triangle Park – “RTP”), Downtown Raleigh (the state capital) and Rex Hospital. Situated at 6421 Campus Drive, Alister Lake Lynn puts residents less than three miles from the popular Crabtree Valley Mall and within a quick commute of many dining and retail options including those at North Hills. Additionally, Lake Lynn Park is located one mile west of the community and features several sports facilities and a 2.8-mile greenway that surrounds the lake.
Propelled by world-class access to talent from three tier-one research universities (NC State University, Duke and the University of North Carolina) and an established innovation-based economy as the home of RTP, Raleigh-Durham (also known as the Triangle) is one of the fastest growing regions in the nation. Its population grew 92% since 2000. Lauded for its relatively low cost of living, highly educated workforce, cutting-edge healthcare and stable local and state governments, the region is attracting economic investment and corporate relocations/expansions.
“We’ve always been a fan of the Raleigh market and the Carolinas in general,” said Jaymie O’Harrow, vice president of acquisitions for Mill Creek Residential. “We’re excited to join the neighborhood, which serves as an ideal backdrop for a comfortable, enjoyable living experience. We believe our upgrades and our team’s trademark service levels will elevate Alister Lake Lynn to a top-of-market living option, and we’re eager to acquaint ourselves with our new residents and the neighborhood.”
Alister Lake Lynn offers one-, two- and three-bedroom homes with various layouts available. Community amenities include a resort-inspired swimming pool, sundeck with shade structures, two resort-style tennis courts, pet park, business center with coworking lounge, WiFi-enabled clubhouse and a 24-hour club-quality fitness center. Residents also have access to valet trash service, a recycling center, an onsite car care center and rentable carports.
Home interiors include nine-foot ceilings, energy-efficient stainless-steel appliances, gas ranges, granite countertops, tile backsplashes, wood plank-style flooring, modern fixtures and finishes, in-home washers and dryers, fireplaces, spacious closets and private patios or balconies. Select homes offer soaking tubs, and third-floor homes include loft layouts.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of move-ins at Modera Six Pines, a wellness-inspired apartment community in The Woodlands, an affluent and charismatic neighborhood 27 miles north of Houston.
Modera Six Pines, which consists of 429 apartment homes, a refined suite of amenities and high-end interior finishes, is part of an 11-acre master-planned development that also features a Life Time Fitness health center. Possessing a sophisticated European chic aesthetic, the five-story podium-style community is optimally situated just north of The Woodlands Town Center, home to a wide variety of retail, dining and entertainment options.
“The Woodlands continues to become one of the most desirable living areas in the Houston area, and we’re excited to welcome our first residents to Modera Six Pines—our first community in this thriving submarket,” said Jeb Cox, senior managing director of development in Houston and Austin for Mill Creek Residential. “We’re prepared to deliver a best-in-class experience and believe the thoughtful architecture, top-of-market amenity spaces and comfortable home interiors will complement the refined vibe of the neighborhood. Modera Six Pines is an ideal location for those seeking both proximity to the city and a relaxed living experience outside the urban core.”
Situated at 8900 Six Pines Drive in Shenandoah, Modera Six Pines is within one mile of The Woodlands Mall, Lake Woodlands Crossing and Market Street, an award-winning mixed-use town center with a movie theater and day spa. Additionally, the nearby Woodlands Waterway features a pedestrian walkway, public art walk and year-round koi garden. Multiple parks are also easily accessible, making the area a haven for outdoor enthusiasts.
The community is also situated less than a half-mile off Interstate 45, which provides access to the greater Houston area and its thriving employment centers. Notable nearby employers include Woodlands Hospital, Baker Hughes, Exxon Mobil and Entergy Texas.
Modera Six Pines offers studio, one-, two- and three-bedroom homes with den and penthouse layouts available. Community amenities include a resort-inspired swimming pool, barbecue stations, two landscaped courtyards, high-end lobby with reading nooks and coffee bar, bar area with resident lounge, game room, catering kitchen with dining room, dog park and pet spa, onsite library and two-level co-working spaces with private offices and a conference room.
As part of the community’s emphasis on health and wellness, Modera Six Pines features a two-story fitness center with TRX system, group fitness area, cardio/weight stations and a yoga/Pilates studio. Residents also have access to dedicated bike storage, a loaner bike program, additional storage space, valet dry cleaning, Fetch package service and controlled-access garage parking with EV charging stations.
Home interiors are equipped with keyless entry, plank-style flooring, chef-style kitchens with granite countertops, energy-efficient stainless steel appliances, tile backsplashes, 42-inch custom cabinetry, pendant lighting, in-home washers and dryers, smart thermostats and private patios or balconies. Select homes offer kitchen islands, double-vanity bathroom sinks, freestanding soaking tubs and linen closets.
Modera Six Pines adds to Mill Creek’s emerging presence in the Houston area, which also includes Modera Flats and Modera Washington. Mill Creek also recently broke ground on Modera Cottingham on the south side of the city and Modera Garden Oaks near the Oak Forest neighborhood.
