Mill Creek Residential, a leading developer, operator and investment manager specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera West Wash Park, a contemporary apartment community in the city’s vibrant Washington Park neighborhood just southeast of downtown. 


The community, which features 241 apartment homes and a 9,300 square-foot rooftop deck that offers unmatched views of the Rocky Mountains and Denver skyline, is set amidst a walkable and commuter-friendly locale that enables residents to easily connect with the city’s key attractions and employment sectors. Move-ins will begin March 31.  


“Wash Park is one of the most charming neighborhoods in the city and offers residents a bit of everything,” said Chris Schramm, managing director of development in Colorado for Mill Creek Residential. “From the local eateries, craft breweries and galleries to the tree-lined paths, lakes and green space, Wash Park is quintessential Colorado. We look forward to welcoming our first residents and providing a top-of-market experience.” 


Situated at 400 N. Grant Street just south of Speer Boulevard, Modera West Wash Park is adjacent to Cap Hill and Cherry Creek, two of the city’s most compelling neighborhoods. The site boasts a Walk Score of 92 and a world-class Bike Score of 98, meaning most daily errands can be accomplished without the use of a vehicle. The locale is also commuter-friendly, offering near-immediate access to the city’s key thoroughfares such as Speer Boulevard, Sixth Avenue and the north-south combination of Lincoln and Broadway. 


The state’s key commuter routes of Interstate 25 (north-south) and Interstate 70 (east-west) are within a few-minute drive of the community, which puts residents in prime position to benefit from Denver’s diverse employment sector. Recreational opportunities also are abundant, including the adjacent Cherry Creek Trail, which features 42 miles of trails and connectivity to several locales throughout the metro area. 


Modera West Wash Park offers studio, one- and two-bedroom apartment homes with an average square footage of 864 and townhome layouts available. In addition to boundless views, the rooftop deck features abundant outdoor space including a resort-style swimming pool, spa, outdoor TV lounge, fire pits and grilling stations. Community amenities also include a club-quality fitness center on a glass-walled mezzanine overlooking the pool deck, a dog wash and dog run, reserved parking and a dedicated bike maintenance and storage area.


Apartment interiors are delivered with wood plank-style flooring, quartz countertops, tile backsplashes, energy-efficient stainless-steel appliances, custom 42-inch cabinetry, pendant lighting, king-size bedrooms with walk-in closets and full-size front-loading washers and dryers. Select homes feature premium views, a private patio or balcony, double vanities, Roman-style tubs, pass-through closets and built-in storage and shelving. Work-from-home features include unique floor plans featuring built-in desks and flex spaces designed for home office, and plans featuring lofts or dens that can be utilized for a separate working environment.


Including Modera West Wash Park, Mill Creek has several communities either leasing or under development in the Denver area. Others include Modera Observatory Park, Modera River North and Modera LoHi

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing communities across the U.S., today announced the retirement of Charles Brindell, the company’s executive chairman. Brindell has helped spearhead Mill Creek’s emergence as a leading player in the rental-housing sector since the company’s inception in 2011. His retirement will take effect at the end of the quarter. 


Bill MacDonald, president and chief executive officer of Mill Creek Residential, will maintain his current role and assume additional responsibilities as chairman upon Brindell’s retirement.


“The opportunity to launch Mill Creek, as one of the founding partners, and to help it grow into the enduring enterprise it is today has been the honor of my long career,” Brindell said. “Nothing spurred the decision to retire other than the inherent feeling that it is the right time. Bill and his team have been laying the foundation for a new generation of exciting growth, expansion and profitability for Mill Creek, and I am looking forward to watching it all unfold, albeit from a different vantage point. There is no more able, competent and focused leader across the real estate universe than Bill, in my opinion.”


Brindell is quick to remind anyone that Mill Creek’s success and industry leadership is the result of a team effort. In Mill Creek’s 11 years under Brindell's leadership, the company has grown from a de novo start-up of 70 founding partners and associates to more than 1,000 today. Additionally, the company has developed or acquired more than 43,000 apartment homes across more than 160 communities and deployed in excess of $12.7 billion in new investment. Today, the company has more than $9 billion in assets under management. Mill Creek regularly receives accolades as a top developer, builder and manager by various industry groups.


“I often pinch myself when reflecting on all that our team has accomplished over such a relatively short period of time,” Brindell said. 


A Wilmington, N.C., native who graduated from the University of North Carolina in 1971, Brindell was associated with the Trammell Crow family and its affiliates for 28 years prior to the founding of Mill Creek. He served as president and CEO at Trammell Crow Residential prior to the formation of Mill Creek, which he and a group of TCR senior partners initiated with a founding investment from the Trammell Crow family and a large state public pension.


“Charlie had the vision to launch Mill Creek when most people in the industry were hunkering down," MacDonald said. "Charlie’s positive attitude and leadership helped drive Mill Creek into one of the most respected and prolific rental housing companies in the country. He will certainly be missed.”


Brindell’s long real estate career also included three years in commercial mortgage banking at Cameron Brown Company (Raleigh, N.C.) and more than seven years at Southwide Development Company, a Memphis-based industrial real estate management and development firm where he served as vice president of finance and president and chief operating officer.


Brindell has long been active in many professional industry associations. Most recently, he has been active with The Real Estate Roundtable, The Urban Land Institute and the National Multifamily Housing Council (Executive Committee). He also served two terms as chairman of the Multifamily Leadership Board of the National Association of Home Builders. He served on several additional boards and advisory committees, as well.


Outside of real estate, Brindell serves on the boards of Independent Bank and Independent Holdings. He is a member of the advisory board and executive committee of the Wood Center for Real Estate Studies at the Kenan Flagler Business School at UNC and the advisory board of the Baylor, Scott and White Healthcare Foundation in Dallas. He is also a board member of Phoenix House Texas and an advisory director of Rentable Technologies.

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it was named Property Management Firm of the Year at the 2021 National Association of Home Builders (NAHB) Multifamily Pillars of the Industry Awards. Awards are presented to organizations that demonstrate creative development concepts, innovative financing strategies, great design and superior management and marketing in the multifamily industry.


Mill Creek was selected as the 2021 Property Management Firm of the Year by NAHB based on its community teams’ dedication to resident service during the pandemic, in addition to advances made in technology, employee benefits and resident programs. 


“We are honored to be recognized by the NAHB as a Pillar of the Industry, and we cannot overstate how immensely proud we are of our dedicated team members,” said Bill MacDonald, president and chief executive officer of Mill Creek Residential. “We continually strive to deliver on our mission of creating meaningful relationships and extraordinary places, and nothing changed about that pursuit during unprecedented times. If anything, the need for robust service levels became more pronounced, and we’re grateful the efforts of our teams were recognized with this accolade.”


Mill Creek Residential was recognized for its high service levels, community website redesign and implementation of AI technology. The company’s service levels were reflected by a No. 1 ranking in the ORA Power Rankings by J Turner Research in the Division II tier with a score of 82.56. The rankings are based on the company's portfolio-wide online reputation assessment (ORA) and serve as the industry standard to measure how a company is perceived online.


On the technology front, Mill Creek transferred more than 80 communities to a new customer-friendly web platform and incorporated AI technology to enhance the consumer experience, follow-up measures and allow for team members to spend more time providing exceptional service to current and future residents. Other areas the company dedicated focus to in 2021 were in career-path training for onsite team members, enhanced benefits, such as $0 copay for mental health care, its demand response energy conservation program and additional corporate responsibility efforts.


“While we appreciate the recognition, we know there is always room to grow,” said Stephen Prochnow, executive vice president of property management for Mill Creek Residential. “We will continue to strive for even higher service levels and to become an increasingly tech-savvy organization that provides associates with every possible resource to be successful.”

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it has broken ground on Modera St. Petersburg, a luxury mixed-use apartment community near downtown St. Petersburg.


The 20-story, high-rise community, which will feature 383 apartment homes and 14,000 square feet of ground-floor retail space, will be located near Tropicana Field at the intersection of the Grand Central District, Edge District and Warehouse Arts District. First move-ins are anticipated for late 2023. 


"We're excited to get started on Modera St. Petersburg, which we believe will deliver a quintessential high-rise experience in a vibrant downtown locale," said Damon Kolb, managing director of development in North Florida for Mill Creek Residential. “St. Petersburg continues to be a desirable location due to its vast entertainment and employment options in a walkable and bike-friendly environment. We’re eager to offer a best-in-class experience at this community and will continue to consider additional opportunities in the city.”


Situated at 201 17th Street South, Modera St. Petersburg will sit at the epicenter of the city’s arts-infused mix of craft breweries, art galleries, eclectic dining options and independent retail offerings. The community will also border the Pinellas Trail, a 47-mile bike trail that stretches north to Tarpon Springs. Additional local attractions include the Grand Prix of St. Petersburg, Salvador Dali Museum, Second Saturday ArtWalk and The James Museum of Western & Wildlife Art. Interstate 275, the gateway to Tampa, is also easily accessible from the community.


Modera St. Petersburg will offer one-, two- and three-bedroom homes with den layouts and penthouses available. Community amenities will include a club-quality fitness center, outdoor pool, rooftop lounge and terrace with expansive views of downtown and Tampa Bay, grilling area, outdoor dining, clubhouse, conference room, co-working spaces, common-area WiFi, game room, package lockers, onsite pet spa and secured garage parking with electric vehicle charging stations available. Residents will also have access to bike storage, additional storage options and mobile-app and key-fob entry with controlled guest-access technology.


Apartment interiors will include wood plank-style flooring, nine-foot ceilings, built-in shelves and desks in select homes, ceiling fans, private balconies, stainless steel appliances, quartz countertops, tile backsplashes, kitchen islands, USB ports, in-home washers and dryers, walk-in closets and central heating and air with programmable thermostats. Bathrooms will be delivered with tile surrounds, double vanities and linen closets.


Modera St. Petersburg is being developed in partnership between Mill Creek and CrossHarbor Capital Partners, marking their 10th community together. It also marks Mill Creek’s second development in the city of St. Petersburg and fourth in the Tampa area.


“We are enthusiastic about Modera St. Petersburg and our continued partnership with Mill Creek Residential,” said Brian Davis, vice president of CrossHarbor Capital Partners. “CrossHarbor looks forward to expanding our portfolio to the St. Petersburg market.”

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced preleasing is underway at Modera Washington, a mixed-use apartment community located along Washington Avenue adjacent to the Old Sixth Ward Historic District.


The seven-story midrise features 341 apartment homes and an onsite Luce Coffee Roasters in one of Houston’s most arts-infused locales. Residents will have access to dedicated private office space and co-working capabilities as part of a contemporary array of community amenities.


“We’re excited to welcome our initial residents, who will be within a short walk or commute of many of the city’s most vibrant and culture-centric destinations,” said Jeb Cox, senior managing director of development for Mill Creek Residential. “It is truly unique to have a coffee shop onsite, which will further cater to the ever-increasing remote worker. We believe the prime location, fresh-and-modern design elements and exclusive package of amenities will make Modera Washington a top-of-market option in the neighborhood.”


Situated at 2520 Washington Avenue between Studemont Street and Sawyer Street, about a mile north of recently revitalized Buffalo Bayou Park, Modera Washington boasts a commuter-friendly locale a short drive from key commuter vessel Interstate 10. The community is surrounded by several public transit options that offer convenient access to key hubs such as the Energy Corridor, Downtown Houston and many other thriving employment centers across the metropolitan area. 


The community is surrounded by an array of eclectic retail and entertainment options, including those contained within Sawyer Yards, the Theater District, River Oaks District, The Galleria and the Washington Corridor. The Museum District is also within a short drive, and the community sits less than three miles from Minute Maid Park (home of the MLB’s Houston Astros), Toyota Center (NBA’s Houston Rockets) and PNC Stadium (MLS’s Houston Dynamo FC).


Modera Washington offers studio, one- and two-bedroom homes with den layouts available. Community amenities include a rooftop deck, a glass-edged and elevated swimming pool, barbecue and picnic areas, pet spa, game room and a club-quality fitness center with group fitness areas. Alongside the work-from-home private spaces, the ground floor includes billiards, dry cleaning lockers, catering kitchen, private dining room and a golf simulator. Residents will also have access to digital package lockers, bike storage, complimentary bikes for resident use and extra storage space.


Apartment interiors feature two distinct themes and include 10-foot ceilings, wood vinyl-plank flooring, stainless-steel appliances, quartz countertops, pendant lighting, tile backsplashes, upgraded fixtures, walk-in closets and private patios or balconies. Bathrooms are equipped with floor-to-ceiling tile surrounds in showers and tubs, linen closets and vanity mirrors with integrated lighting. Select homes feature a kitchen island with breakfast bar. 


Modera Washington will be one of several Mill Creek communities leasing within Houston, joining a list that includes ground-up development Modera Flats, which is located across the street from the MD Anderson Cancer Center in The Texas Medical Center.  

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera New Rochelle, a luxury apartment community located approximately 20 miles northeast of Manhattan.


The midrise community features 334 apartment homes, a superb Walk Score of 96 and is situated just off of New Rochelle’s vibrant Main Street, home to a wide variety of dining, shopping and nightlife options. The community also includes select live/work homes for the ever-increasing remote worker. Move-ins will begin in the spring.


“New Rochelle is quickly becoming one of the most desired submarkets surrounding New York City and we’re excited to join the neighborhood,” said Russell Tepper, senior managing director of development in the Northeast region for Mill Creek Residential. “Main Street has a distinct charm and being located in the heart of downtown will provide residents with a multitude of options within a short walk. We believe the sophisticated modern design and deluxe suite of amenities will make Modera New Rochelle one of the most attractive living options in the area, and we look forward to offering a first-class resident experience.”


Situated at 111 Centre Avenue, Modera New Rochelle is within a one-minute walk of Main Street and within a five-minute walk of the New Rochelle Station, which provides 30-minute train commutes to New York City. The community also sits within a short drive of Interstate 95, the gateway to New York and several key locales along the New England Coast. The surrounding area features award-winning schools along with prime access to an abundance of recreational outlets, including beaches, bike paths and hiking trails.


Modera New Rochelle is built to NAHB Green Building Standards and offers studio, one- and two-bedroom apartment homes with select den layouts. Community amenities include a spacious indoor/outdoor rooftop lounge and deck that can be accessed year-round and features views of New York City and the Long Island Sound. The community also features three courtyards that include an outdoor swimming pool, seating areas, dog park with an adjacent pet spa, barbecue area and an outdoor theater.


Additional common-area amenities include a resident clubhouse, demonstration kitchen, game room, conference room, coffee bar, and a club-quality fitness center with group fitness area and TRX system. The community also includes a lobby café open to the public that is accompanied by an art alley featuring a substantial array of public art murals. Additionally, residents will have access to controlled-access parking, dedicated bike storage and additional storage space.


Apartment interiors at Modera New Rochelle include wood-plank flooring, nine- and 10-foot ceilings, stainless steel appliances, quartz countertops, custom 42-inch cabinetry, pendant lighting, high-end fixtures, tile backsplashes, in-home full-size washers and dryers, programmable thermostats, walk-in closets and breakfast bars. Bathrooms feature tile surrounds, soaking tubs and double vanities.

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