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 Georgetown, a garden-style community located in Georgetown, Texas—America’s fastest-growing city—north of Austin.
The three-story community, which will feature 318 apartment homes, is part of Highland Village, a master-planned community comprising 299 single-family homes, 32 acres of commercial development, three acres of parkland and a recreational trail system. First move-ins are anticipated for late 2023.
“We’re excited to join the desirable Georgetown market and eager to provide much-needed rental housing to the area,” said Bart Schaetter, managing director of development in Austin for Mill Creek Residential. “Modera Georgetown will offer residents the best of both worlds—Texas Hill Country-inspired luxury living in a small-town, family-friendly surrounding while being in close proximity to all the big-city amenities and employers. We believe the community’s modern farmhouse architectural design coupled with its high-end interior finishes will be well-received by prospective renters.”
Situated at 29600 Ronald Reagan Boulevard, the community is connected to the greater Austin metro area via Interstate 35 and SH-130—both within a short drive. Georgetown’s historic town square and the surrounding area are home to numerous restaurants, craft breweries, entertainment venues and cultural attractions. The community sits within two miles of Sun City Texas, within four miles of popular Lake Georgetown and 10 miles from the city’s primary shopping district, which includes The Summit at Rivery Park, Rivery Towne Crossing, Wolf Ranch Town Center and more.
Modera Georgetown will offer one-, two- and three-bedroom homes with a sizable average square footage of 914 with various layouts available. Community amenities will include a resort-style pool with tanning ledge, grilling area, resident clubhouse with work-from-home spaces and coffee bar, landscaped courtyards shaded by heritage oak trees, pickleball courts, onsite pet park and pet spa, playground, common area WiFi and a club-quality fitness center with cardio equipment and yoga/Pilates studio.
Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel Energy Star appliances, granite countertops, pull-down faucets, tile backsplashes, under-cabinet lighting, in-home washers and dryers and walk-in closets. Bathrooms will include soaking tubs and tile surrounds. Select homes will feature double vanities.
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 Academical Village, a contemporary mixed-use apartment community in the western Broward County market.
The community, which will be developed in two phases in conjunction with equity partner FCP, will feature a combined 793 apartment homes and approximately 16,000 square feet of ground-floor retail space. Positioned just east of S. University Drive and just west of Nova Southeastern University, Modera Academical Village is the residential component of the larger Academical Village Master Plan, which will ultimately include 2.5 million square feet of premier retail, residential, hotel, office and medical space.
First move-ins for Phase I, which will include 397 homes, are anticipated for fall 2024. Phase II will include 396 homes with start of construction targeted for April 2024 and first move-ins for summer 2026.
“We’re excited to be a part of this unique master-planned village, which we believe will be among the most attractive and charismatic locales in the area,” said Andrea Rowe, senior managing director of development in South Florida for Mill Creek Residential. “While we’re prepared to offer the quintessential Modera by Mill Creek experience to our residents, we also are eager to do our part to enhance the village as a whole. With the NSU campus and newly-opened University Hospital essentially in our backyard, we’ll be in an active area with many exceptional employment opportunities within walking distance.”
Situated at 3440 SW 76 Terrace, Modera Academical Village is being built to a National Green Building Standard silver certification level. When complete, the surrounding Academical Village will include a tree-lined central boulevard that intersects a road that circles the NSU campus, a pedestrian bridge connecting to the campus and a large outdoor plaza with fountains and outdoor seating areas.
With its proximity to S. University Drive, the area’s key north-south thoroughfare, the site boasts an extremely commuter-friendly location. All of South Florida’s primary expressways are easily accessible, including Interstates 595, 75 and 95 along with the Florida Turnpike. Many of the area’s key employment centers, schools and medical facilities are within a short commute and Fort Lauderdale-Hollywood International Airport sits 10 minutes away. Within the western Broward County area, future residents will have access to an abundance of key retailers, a wide variety of dining options and grocers.
Modera Academical Village will offer studio, one-, two- and three-bedroom apartment homes with den layouts available. Community amenities will include an outdoor swimming pool with grilling area, rooftop deck, outdoor dining, resident clubhouse, onsite dog park and pet spa, landscaped courtyards and a club-quality fitness center with cardio equipment, group fitness area, yoga/Pilates studio and TRX system. Residents will also have access to coworking spaces and a conference room, a package locker system, community wide Wi-Fi, controlled entry and guest access, garage parking, EV-charging stations, dedicated bike storage and opportunities for additional storage space.
Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, pull-down faucets, kitchen islands, soft-close cabinets, in-home washers and dryers, walk-in closets, built-in shelving, USB ports, keyless entry system and smart thermostats. Bathrooms will include double vanities, linen closets, soaking tubs and additional high-end features.
Modera Academical Village adds to Mill Creek’s robust South Florida presence, as the company continues to bolster its portfolio in Miami, Fort Lauderdale and the surrounding area.
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 Cottingham, a multi-building apartment community spanning 16 acres in south Houston.
The sprawling three-story community, which will feature 360 contemporary apartment homes contained within 11 buildings and an expansive clubhouse, will be developed on the southwest corner of Cottingham Street and Schurmier Road. First move-ins are anticipated for spring 2023.
“Modera Cottingham will offer a location that provides convenient access to many of Houston’s key employment centers without the exorbitant price tag of many of the city’s other emerging neighborhoods,” said Jeb Cox, senior managing director of development in Houston and Austin for Mill Creek Residential. “We look forward to getting started on this development, which will benefit from the area’s sustained growth, rapid influx of petrochemical development and massive amount of surrounding employment opportunities.”
Situated at 13958 Cottingham Street, Modera Cottingham will sit just north of Beltway 8 and just over 10 miles south of the Texas Medical Center, home to a wide range of employment opportunities and responsible for much of the recent growth in the southeastern portion of the city. The community also will sit within 13 miles of the Port of Houston, one of the nation’s most active ports, and six miles north of the affluent city of Pearland. Modera Cottingham will also be adjacent to the forthcoming location of South Belt Central Business Park—the future home to more than 3.5 million square feet of industrial business space.
Modera Cottingham will offer one- and two-bedroom homes with an average square footage of 1,026 and various layouts available. Community amenities will include the 5,000-square-foot clubhouse, outdoor swimming pool, grilling area, outdoor kitchen, pool table, free WiFi, 24-hour fitness studio, conference room, landscaped courtyards and rentable private garages. The pet-friendly community will also feature an onsite dog park and dedicated dog run.
Apartment interiors will include a variety of features, including wood-plank style flooring, nine-foot ceilings, ceiling fans, stainless steel appliances, electric ranges, granite countertops, kitchen islands, 42-inch custom cabinetry, central heating and air, spacious bedrooms, walk-in closets and full-sized in-home washers and dryers. Bathrooms will include tile surrounds and linen closets.
Modera Cottingham will add to Mill Creek’s presence in Houston. Others communities include Modera Flats, Modera Washington and Modera Waugh, which recently broke ground near the River Oaks neighborhood.
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 Amavi Sherrills Ford, a master-planned community approximately 35 miles north of Charlotte. The development marks another key step in Mill Creek’s recent entry into the emerging single-family build-to-rent sector.
The community will offer a mix of approximately 134 cottage-style homes. The development will become part of the greater Village at Sherrills Ford master-planned mixed-use community, which includes retail and dining options in addition to a Publix supermarket. First move-ins are anticipated for summer 2023.
“The Village at Sherrills Ford will quickly become one of the most sought-after locales in the area, and we’re excited to be a part of it,” said Scott Herr, president of single-family rentals in the Southeast for Mill Creek Residential. “The area has exhibited strong household growth in recent years, yet is light with regard to purpose-built single-family-rental offerings. We believe this is a fantastic opportunity to help address the area’s need for quality housing and help kick-start a new neighborhood, and we are eager to offer a best-in-class experience to our residents.”
Amavi Sherrills Ford will sit along State Highway 150 and will be approximately 12 miles west of Mooresville, N.C., which is home to Amavi Mooresville, Mill Creek’s first single-family, build-to-rent development, which broke ground earlier this year. Amavi Sherrills Ford will provide convenient access to the Lake Norman Region, with Lake Norman State Park within a 20-minute drive. The park provides an abundance of recreational opportunities, including hiking, fishing, camping and mountain biking. Additionally, the community site is within a 20-minute drive of Cornelius and within 25 minutes of Huntersville.
Amavi Sherrill Ford’s cottage homes will feature a variety of two- and three-bedroom homes. The two-bedroom homes will measure 962 square feet and the three-bedroom homes will contain 1,236 square feet.
Community amenities will consist of a clubhouse and leasing office, swimming pool and cabana, outdoor barbecue and gathering areas, playground, pet park, open green space and walking trails. The community will also feature modern streetscapes and aesthetically manicured common areas. Home interiors will be delivered with a variety of features and finishes, including stainless steel appliances, wood plank-style flooring, kitchen islands, granite countertops and ceiling fans.
Amavi Sherrills Ford will offer conventional leasing teams and maintenance teams, as well as offer prospective residents the option to take self-guided tours of the homes. The experience will be tailored to the customer’s desired experience, including the option of a fully contactless leasing and move-in experience, all backed by Mill Creek’s Peace of Mind service guarantees.
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 preleasing at Modera Old Ivy, a luxury apartment community located in the thriving Buckhead neighborhood.
The community, which features 394 apartment homes, is encompassed within a midrise and high-rise tower and sits at the corner of Lenox Road and Piedmont Road. Modera Old Ivy is part of a wider master development that includes the existing Prominence office building and an Element Marriott. First move-ins are anticipated for early June.
“This area of Buckhead is one of the city’s most well-established commercial districts, and we look forward to adding to our presence in the area,” said Patrick Chesser, senior managing director of development in Atlanta for Mill Creek Residential. “Residents will be within Atlanta’s most prominent retail and financial corridors and will have direct access to an abundance of retail, dining and entertainment options. Modera Old Ivy will be a unique product offering in the area, and we’re eager to deliver a top-of-market experience.”
Situated at 3651 Lenox Road, Modera Old Ivy is built to a National Green Building Standard Gold certification level and features high-end finishes and a refined suite of amenities. Residents will be positioned in a commuter-friendly locale with the community sitting less than a half-mile from the MARTA rail, 500 feet from a bus stop and a quarter-mile from the Georgia 400 freeway. The prominent job centers in Downtown Atlanta and Sandy Springs are less than 10 minutes away. Additionally, the world-class retail options of Phipps Plaza, Lenox Square and The Shops at Buckhead are all less than a mile from the community.
Modera Old Ivy consists of studio, one-, two- and three-bedroom homes with various layouts. Community amenities include a 24-hour club-quality fitness studio, clubhouse, community-wide WiFi, demonstration kitchen, game room, rooftop deck, two pools including one rooftop pool, sauna, steam room, grilling area with outdoor dining, fire pit, coffee bar, library lounge with a reading terrace and landscaped courtyards. Residents will also have access to secured parking in a private garage with reserved parking and electric vehicle charging stations available, controlled guest-access technology, package lockers, dedicated bike storage, resident storage lockers and concierge services.
Apartment interiors include nine-foot ceilings, wood plank-style flooring, private balconies, built-in desks and shelves, quartz countertops, stainless steel appliances, upgraded fixtures, pendant and under-cabinet lighting, tile backsplashes, kitchen islands, walk-in closets, smart thermostats, ceiling fans and in-home washers and dryers. Bathrooms are delivered with tile surrounds and linen closets. Residents will be able to access the homes via key fob and mobile app entry.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced that move-ins are underway at Modera Lake Merritt, a luxury mixed-use community in Oakland’s eclectic Uptown neighborhood.
The community, which sits one block west of Lake Merritt, features 173 apartment homes and 1,650 square feet of ground-floor retail space. Located in the Oakland Art District and within walking distance to both Uptown and Downtown Oakland, the site boasts a world-class Walk Score of 99 and puts residents within steps of the city’s most prominent retail, dining and entertainment options.
“Residents will have no difficulties striking an ideal life balance with the energy of the city to one side and the serenity of the lake and open space on the other,” said Mike Kim, senior managing director of development for Northern California for Mill Creek Residential. “We’re eager to welcome our first residents to Modera Lake Merritt, which is one of the most desirable locales in the city and will offer a boutique feel. Our property management team is excited to offer best-in-class living experience to match the stellar location.”
Situated at 1940 Webster Street, Modera Lake Merritt is positioned in an arts-centric district surrounded by culturally infused attractions such as art galleries, specialty shops and live music venues. The community is on the northwest side of Lake Merritt, a scenic lake and parkland. The lake has been recognized as one of the most captivating and amenitized urban lakes in the nation. Residents will have near-immediate access to 75 acres of open and programmed space and more than three miles of lakefront pathway.
The community is also positioned two blocks from a BART commuter train station and within blocks of the Lake Merritt Office District. The district includes 400,000 square feet of redeveloped office space and is anchored by Square, a financial tech services company. Other easily walkable prominent employers include Oracle, Pandora Media and Kaiser Permanente.
Modera Lake Merritt consists of six levels of residential homes above the ground-floor retail space and lobby. The community offers studio, one- and two-bedroom homes with an average square footage of 710. A rooftop deck with fire pits, barbecue grills and sweeping downtown views highlights the community amenities. Other common-area attractions include an outdoor rooftop kitchen and dining area, an expansive resident clubhouse and a club-quality fitness center with cardio stations, yoga studio and ballet barre. Residents will also have access to a digital package room, dedicated bike storage, Wi-Fi in common areas and controlled-access subterranean parking.
Apartment homes include two distinct color themes and floor-to-ceiling windows for ample natural light. In-home features include nine-foot ceilings, stainless-steel Energy Star appliances, wood plank-style flooring, quartz countertops, custom cabinetry with under-cabinet lighting, gas ranges, tile backsplashes, in-home washers and dryers and soaking tubs with tile surrounds. Select homes will have breakfast bars in the kitchens, oversized closets and floor-to-ceiling tile shower surrounds.
