FAIRFAX, Calif., May 14, 2026 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has secured final entitlement approvals for a 243-home community in the high-barrier-to-entry market of Marin County.

The milestone marks a significant step for the development, which is situated in one of Northern California’s most supply-constrained submarkets. Mill Creek anticipates receiving building permits in late 2026, with construction slated to begin shortly thereafter. First move-ins are targeted for 2029.

“Achieving full approvals in a market as selective as Fairfax underscores our team’s ability to navigate complex entitlement landscapes,” said Mike Kim, senior managing director for Mill Creek Residential. “This community is specifically designed to meet the sophisticated demands of the Marin County and San Francisco workforce while providing our investors with exposure to a high-demand, low-vacancy environment currently benefiting from nation-leading rent growth.”

The community will feature a mix of studio, one-, two- and three-bedroom floor plans alongside a signature suite of Mill Creek amenities designed to complement the natural aesthetic and lifestyle of the North Bay. The community’s proximity to major employment hubs in San Francisco and the East Bay will provide a commuter-friendly experience for future residents, who will also be surrounded by an abundance of dining, entertainment and recreational options.

“For investors, the Fairfax development represents a strategic expansion into a high-demand neighborhood,” Kim said. “Marin County possesses a significant undersupply of modern housing, and we believe the community is well-positioned to drive strong returns and exceptional long-term appreciation.”

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