Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it has hired Mike Kim as senior managing director in Northern California. Kim will oversee Mill Creek’s development activities in Northern California, including San Francisco, Oakland and Silicon Valley.

The addition of Kim, is emblematic of Mill Creek’s continued growth and commitment to developing best-in-class rental communities in key markets across the nation. 

“Few are as experienced in the Bay Area real estate sector as Mike, and we’re tremendously excited to welcome him to our team,” said Sean Hyatt, executive managing director of development for Mill Creek Residential. “His familiarity with the area, coupled with his proven track record and results-driven approach, make him an ideal fit for this role and we’re eager to add his expertise to our Northern California operation. We’re confident that any development activity in the area will be under extremely capable leadership.” 

Kim has extensive experience in the greater Bay Area, having overseen the development and construction of mixed-use multifamily communities and commercial developments in the region with an aggregate value of more than $2.2 billion. 

Kim previously served as senior vice president for Lendlease Google Development Venture, where he led all aspects of the development process in two major Silicon Valley districts. Prior to Lendlease, he served as SIMEON’s chief investment officer for 12 years, where he led the firm's multifamily and commercial development activities in the Bay Area. His experience includes key roles in complex urban developments across all product types, including high-rise, horizontal and vertical mixed-use, master-planned and commercial developments. 

Prior to his career in real estate, Kim served as a Naval Officer leading maritime missions and expeditions across the globe. Kim is a graduate of the U.S. Naval Academy, and also holds a Master’s Degree in Urban Planning and Development from the University of Southern California. He remains active in the East Bay community and has served on various boards, including the Graduate Theological Union in Berkeley, the NAIOP San Francisco chapter and several municipal advisory councils.

“I’m excited to be a part of the Mill Creek family and lead our development efforts in the Bay Area, which continues to offer extremely high upside,” Kim said. “While we’ll continue to seek opportunities in the area, we’ll do so with a measured, disciplined approach and make certain that we’re being a good neighbor and steward of the environment in the process.”  

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the upcoming additions of three new restaurants from Happy Endings Hospitality (HEH) Group to Founders Row, a luxury mixed-use community situated in the heart of Falls Church. 

Founders Row, located at the intersection of West Broad and North West Streets approximately 10 miles west of Washington, D.C., has signed leases with Chasin’ Tails, Nue and Roll Play Vietnamese Grill, three distinct restaurants that will share the same kitchen. The three-in-one concept will occupy approximately 7,500 square feet of retail space, and each will feature ample outdoor seating. This accompanies the prior announcement of Ellie Bird, from Michelin-star award-winning chefs Carey and Yuan Tang. All four restaurants are scheduled to open in early fall 2022. 

“We have taken a disciplined approach in selecting high-quality retail tenants for Founders Row, and the HEH Group certainly meets and exceeds those high standards,” said Joe Muffler, managing director of development for Mill Creek Residential. “We are eager to welcome these three restaurants to the community and are enamored by the creative three-in-one concept. We believe these restaurants, in conjunction with others soon to join the retail landscape, will elevate the Founders Row experience and complement our initial vision for the development.”

The three-in-one model of Chasin’ Tails, Nue and Roll Play Vietnamese Grill is a unique and inventive concept, and each restaurant will have its own storefront and front of house. Founders Row represents an opportunity for HEH Group to kick-start a rebranded “2.0-version” of its restaurant offerings. 

Chasin' Tails will offer fresh, authentic Cajun cuisine served in family-style fashion, and will be relocating from its current location in Arlington, which borders Falls Church to the east. Nue will serve as an upscale-but-casual Vietnamese kitchen and bar, and Roll Play Vietnamese Grill will offer a fast-casual dining experience that reinvents traditional healthy-and-fresh Vietnamese cuisine.

“We’re thrilled for the opportunity bring our signature brand of creative Asian food recipes and warm hospitality to Falls Church,” said Tuyet-Nhi Le, co-owner and chief creative officer of HEH Group. “While our guests can anticipate a vintage HEH experience, each of our restaurants will be unique in their own right and each will offer something a little different. We’re eager to create a unique, contemporary ambience at each location and join the vibrant scene at Founders Row.”

Founders Row, which features approximately 80,000 square feet of retail space overall, includes Modera Founders Row, containing 322 market-rate apartment homes and a wide variety of contemporary amenities, along with Verso Founders Row, a distinct 72-home age-restricted community dedicated to individuals 55 years and older.

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the upcoming restaurant addition of Ellie Bird to Founders Row, a luxury mixed-use community situated in the heart of Falls Church. 

Ellie Bird is a new concept from Falls Church-based restaurateurs Yuan and Carey Tang, creators of the immensely successful, Michelin star-awarded Rooster & Owl, a modern American restaurant located along Washington D.C.’s 14^th Street Corridor. Ellie Bird will make its home in a 3,200-square-foot retail space along Founders Row, which sits at the intersection of West Broad and North West Streets about 10 miles west of Washington, D.C. The restaurant is projected to open in late 2022.

“Founders Row was always envisioned to elevate the dining and entertainment experience in the City of Falls Church,” said Joe Muffler, managing director of development for Mill Creek Residential. “We and our partners set very high standards of quality for the types of retail tenants we expected for this project. Candidly, Ellie Bird is among the initial tenants that exceed those expectations. We are very excited to bring this diverse and award-winning concept to the City of Falls Church.” 

Ellie Bird will be a contemporary casual comfort family-friendly concept that will offer a traditional dinner menu along with brunch on Saturdays, a kids menu and a la carte offerings for takeout or dine-in. The Tangs have built a sterling reputation in the area thanks to the success of Rooster & Owl, which has routinely been recognized as one of the top restaurants in the D.C. Metro region, and have built a sizable following that will be eager to try the new concept. Ellie Bird will celebrate familiar dishes with new takes on old favorites like fried chicken, pork chops and their classic pineapple buns.

“We're excited to bring New American, chef-driven cuisine to Falls Church,” said Carey Tang, owner and GM of Ellie Bird. “Our ties to the area are deep. We were both raised in Falls Church, and we held our first hospitality jobs as teens on Broad Street. Our parents still reside minutes away from Founders Row, making it a prime location.”

Founders Row, which features approximately 80,000 square feet of retail space overall, includes Modera Founders Row, containing 322 market-rate apartment homes and a wide variety of contemporary amenities, along with Verso Founders Row, a distinct 72-home age-restricted community dedicated to individuals 55 years and older.

“Ellie Bird represents an amazing start to the exceptional offerings that Founders Row will provide,” Muffler said. “There is more to come in the next few months that will continue to follow through on the vision that has been long established for this project.”

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it has broken ground on Amavi Coddle Creek, a three-phase master-planned community in the northern Charlotte metropolitan area. The development will mark Mill Creek’s initial entry into the emerging single-family build-to-rent sector. 

Mill Creek will develop Phases I and II of the community, which will offer a mix of townhomes and duets. Mill Creek’s phases will consist of 169 townhomes and 70 duets as part of the 504-home overall development. First move-ins are anticipated for summer 2023. 

“We’re eager to expand our presence in the Charlotte market and officially enter the single-family rental market with our new brand, Amavi by Mill Creek,” said Callum Parrott, president of single-family rentals for Mill Creek Residential. “We believe the area has favorable characteristics for strong single-family rental demand, including a diverse employment base and accessible retail and services. Amavi Coddle Creek will be a unique product type for the area, and we look forward to offering a best-in-class experience to our future residents.” 

Amavi Coddle Creek is located approximately 30 miles north of Downtown Charlotte in a neighborhood accessible from Highway 3, a primary thoroughfare linking Charlotte’s northern and eastern submarkets. The community's proximity to Coddle Creek Highway and Interstate 77 will enable residents to conveniently access Charlotte’s key job centers, which include high-level employers such as Lowe’s, Duke Energy, Bank of America, Truist, Wells Fargo, UNCC and Corning Optical.

Amavi Coddle Creek’s mix of townhomes and duets will include six distinct floor plans. The three townhome floor plans, which each offer three bedrooms and two-and-a-half bathrooms, will range from 1,452 to 1,911 square feet and include one drive-under option, in which the garage is beneath the home. The duet floor plans, which include three- and four-bedroom options, will range from 1,450 to 1,794 square feet. 

Community amenities will consist of a clubhouse and leasing office, pool, tot lot, bark park and open green space. 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. The community will offer conventional leasing teams on site, 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.

Buyer Mill Creek Residential plans to build a 36-story, 428-unit apartment high-rise on the property at 230 SW 2^nd Avenue

Berkadia announces it has arranged financing for a partnership to develop a site near the Miami River that is located in a Qualified Opportunity Zone (QOZ).

Senior Managing Directors Jaret Turkell and Roberto Pesant, along with Associate Omar Morales and Jose Mota of Berkadia Miami, marketed the 0.9-acre parcel at 230 SW 2nd Avenue on behalf of Adler Development. Mill Creek Residential is entering the joint venture with Adler Development with plans to build “Modera Riverside,” a 428-home, 36-story high-rise at the nexus of three of Miami’s most dynamic neighborhoods: Downtown Miami, Brickell, and the Miami River District.

“This represents an amazing development opportunity in one of the fastest growing submarkets in the country,” said Turkell

When completed in 2024, Modera Riverside will offer best-in-class high-rise homes with exceptional access to employers, schools, and hospitals, and Miami International Airport. The property will offer residents over 40,000 square feet of indoor and outdoor amenity space with Class A finishes, including a resort-style rooftop pool deck, clubroom with expansive views, state-of-the-art fitness center, game room/media lounge, meditation garden and co-working space. The property offers exceptional visibility from and easy access to I-95, which offers quick connections to the Florida Turnpike, Dolphin Expressway, and I-395 to Miami Beach.

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the launch of Amavi by Mill Creek, the company's single-family, build-to-rent brand.

Amavi communities will feature detached, townhome and cottage-style single-family rentals in markets nationwide. The homes will include private yards, garages and smart-home technology. In addition, the communities will offer proximity to thriving employment centers, strong school districts and vibrant dining, shopping and entertainment options. Mill Creek expects to break ground on its first Amavi communities before the end of the year.

"Amavi communities will carve out a unique place in this sector because their product offerings, amenities and interior finishes will be tailored to each individual community and submarket,” said Callum Parrott, president of single-family rentals at Mill Creek. “Each community will feature its own custom mix of home types designed to the needs of that market’s renters. We have already found significant enthusiasm and confidence in the capital markets for our efforts, and we look forward to delivering a truly best-in-class living experience to renters. We’re continuing to build top-notch development and construction teams for the Amavi brand while also relying on Mill Creek's extensive experience as one of the nation’s most respected residential companies and our award-winning in-house management company."

Amavi homes will feature high-quality interior finishes, smart thermostats, water leak detection, real-time monitoring of water and energy use and smart access control. Amavi communities will offer conventional leasing teams on site, 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.

In addition, Amavi communities will incorporate energy efficient construction and green spaces in highly desirable suburban locations. 

"The past couple of years have demonstrated the immense demand for professionally managed single-family rentals," Parrott added. "At Mill Creek, we have established two outstanding brands in the multifamily space, Modera and Alister. We will leverage the customer-service expertise we've developed while building those brands to offer our single-family residents a truly outstanding living experience, complete with an array of move-in, customer-satisfaction and service guarantees. Add it all up, and we are confident Amavi will truly represent the new leasing lifestyle."