Mill Creek Announces Expansion into Utah Market

SALT LAKE CITY, Aug. 22, 2023 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced its expansion into Utah and the greater Salt Lake City market.

Mill Creek’s regional office in Salt Lake City will mark the company’s 21st in the U.S. Tyler Greene will serve as the managing director of development for the new market, which will encompass the greater Salt Lake area, and will lead the regional office.

“I’m thrilled to oversee Mill Creek’s expansion efforts into Salt Lake City, which I believe will prove to be a tremendous location for us,” Greene said. “Salt Lake City generally fares well through national real estate challenges, which is part of what makes it an attractive market.”

Greene, who previously served as founding partner of multifamily and hospitality developer Surface Development, has extensive experience in the Salt Lake City and greater western-U.S. markets. The University of Utah alumni, who lives in Park City, Utah, began his real estate career in Salt Lake City with Colliers International and consulted for a variety of Fortune 500 companies. He then served as the principal and founder of Las Vegas-based Bridge Properties Group, which serves the Arizona, California, Nevada and Utah markets.

Greene’s experience also includes a 12-year stint as cofounder of GreeneWaters, a Hawaii-based firm that transacted and developed more than $400 million in residential, multifamily and hospitality throughout the island-based state.

“Tyler is the quintessential individual to spearhead our efforts in the Utah market, and we’re eager to begin expanding our portfolio to Salt Lake City and beyond,” said Sean G. Hyatt, executive managing director for Mill Creek. “Rising demand for quality apartment homes has accompanied the area’s steady growth, and we look forward to working closely with the jurisdictions we serve and offering a best-in-class product.”

Mill Creek has been active in the western U.S. with a steady pipeline of new development in the Denver, Seattle and Portland areas and throughout California. The company recently entered the Arizona market and is currently developing its first three multifamily communities and one single-family community in the Phoenix area.

Mill Creek is actively pursuing development opportunities within the Salt Lake City area and expects to soon announce plans for its first community in the market.

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Mill Creek Announces Construction Underway at Modera Westside Trail

ATLANTA, Aug. 21, 2023 /PRNewswire/ — 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 at Modera Westside Trail, a luxury midrise apartment community in Atlanta’s West Midtown neighborhood.

The community, which will feature 373 apartment homes, will sit in a bike-friendly locale that features immediate access to the Westside Trail of the Atlanta BeltLine and the vast contingent of breweries, music venues and eclectic local establishments contained within West Midtown. Modera Westside Trail is also located across the street from the west boundary of the Georgia Tech campus and its new life science incubators and one block south of the new Echo Street West mixed-use development. First move-ins are anticipated for fall 2025.

“The location on Northside Drive is the natural progression of West Midtown moving south with the benefit of an easy escape to Midtown, Downtown and Georgia Tech,” said Patrick Chesser, senior managing director of development in Atlanta for Mill Creek Residential. “As great as the Atlanta Beltline is at stitching together neighborhoods on the east side, the Westside Trail is a game-changer linking landmark mixed-use developments to the Georgia Tech campus and all the Downtown venues. If you’ve ever explored the Beltline by bike, you realize quickly how connected the west side is becoming and how much it has to offer.”

Situated at 576 Northside Drive, Modera Westside Trail will feature stunning 360 views of the Atlanta skyline and contains a superb Walk Score of 87 (considered “very walkable”). Residents will be within five minutes of the thriving employment sectors of Midtown, Atlantic Station and downtown Atlanta, and accessible commuter options include the BeltLine and MARTA. Additionally, popular athletic venues Mercedes Benz Stadium, State Farm Arena, Bobby Dodd Stadium and McCamish Pavilion are all within a five-minute commute.

Modera Westside Trail will offer studio, one-, two- and three-bedroom homes including 37 Premium Collection homes with upgraded features. Community amenities will include a resort-inspired swimming pool, landscaped pool courtyard with unobstructed views of Midtown, rooftop deck with fire pit and grilling areas, steam room, co-working space, double-height resident clubhouse with shuffleboard, onsite dog park, pet spa and a club-quality fitness center with cardio equipment, yoga studio, TRX system and Peloton bikes. Residents will also have access to digital package lockers, controlled-access garage parking, EV charging stations, loaner bikes, bike repair station, bike storage and additional storage space.

Home interiors will feature nine-foot ceilings, wood plank-style flooring, stainless-steel appliances, quartz countertops, tile backsplashes, gas ranges, walk-in closets, in-home washers and dryers, soaking tubs and tile tub/shower surrounds. Smart features will include Schlage smart door locks, keyless entry, connected smart thermostats, bulk WiFi and mobile-app guest entry. Premium Collection homes will include LED mirrors and additional refined features.

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Mill Creek Announces Groundbreaking of Modera Rio Salado

TEMPE, Ariz., Aug. 10, 2023 /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 broken ground on Modera Rio Salado, a contemporary apartment community in the Tempe Town Lake neighborhood of North Tempe.

Modera Rio Salado, which will feature 319 apartment homes, marks Mill Creek’s third development in its recently unveiled Arizona portfolio. The community is positioned directly across from Tempe Town Lake, the Tempe Center for the Arts and the Tempe IDEA Biotech campus. The location boasts proximity to Arizona State University, more than 12 million square feet of office space, 25 acres of Tempe Beach Park, high-end retail, Loop 202 and a multitude of restaurants. First move-ins are anticipated for summer 2025.

“Modera Rio Salado represents the last institutional multifamily development opportunity in the immediate area, and we look forward to getting started on this wonderful community,” said Fred Hood, vice president of development in Arizona for Mill Creek. “The site will cater to the local mode of being immensely bicycle-friendly and pedestrian-friendly, and we believe the community will quickly become a top-of-market option with its thoughtful design and refined suite of amenities.”

Situated at 835 W. Rio Salado Parkway, Modera Rio Salado will feature a wrap, podium-style design, a courtyard and three amenity decks, including a resort-style pool deck. It will also offer more than 14,000 square feet of interior amenity space. Located at the north end of Tempe, the community is within walking distance of Tempe Beach Park and within a short commute of the city’s vast array of additional dining, retail and entertainment options. Residents will also have accessibility to numerous recreational outlets, including The Yard at Farmer Arts District.

Modera Rio Salado will feature one-, two- and three-bedroom homes with various layouts and an average size of 996 square feet. Community amenities will include a hotel-style lobby with double-height ceilings, statement seating areas and a fireplace lounge area; a speakeasy bar area for hosted events or coffee service, resident lounge, co-working spaces to cater to the ever-increasing remote worker, clubroom with gaming tables and a resident mezzanine media and lounge room with views to the active clubroom below. The rooftop amenity deck will also include an outdoor kitchen/bar and grill areas, gaming lawns and ample lounging areas. The community will also feature an outdoor dog run, a combined pet and bicycle wash facility along with bike repair and storage areas. Residents will also have access to a state-of-the-art fitness center.

Apartment interiors will include a variety of deluxe features, including stainless steel appliances, quartz countertops, tile backsplashes, luxury vinyl-plank flooring, premium cabinetry, kitchen islands, undermount sinks, full-size washers and dryers, private patios or balconies, roller shades and a variety of smart home features, including smart thermostats and keyless entry. Bathrooms will feature double vanities, tile flooring, and tile tub and shower surrounds. Select Premium Collection homes will include under-cabinet lighting and other unique upgrades.

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Mill Creek Announces Construction Underway at Modera Woodstock

PORTLAND, Ore., Aug. 8, 2023 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced that construction is underway at Modera Woodstock, a mixed-use apartment community in southeast Portland.

The podium-style community will be built to and is pursuing LEED Gold certification standards and features 194 homes and 6,500 square feet of ground-floor retail space. The community is located on Woodstock Boulevard and features a world-class Bike Score of 99 and superb Walk Score of 93, meaning future residents will have access to virtually everything they might need without the need for a vehicle. The community first broke ground in September and first move-ins are anticipated for summer 2024.

“We’re excited to add to our Portland presence and have long admired the Woodstock neighborhood,” said Chad Encinas, vice president of development in Portland for Mill Creek Residential. “The community will offer a ‘Main Street’ feel in that the immediate neighborhood is extremely walkable and provides easy access to downtown, while far enough removed to maintain an urban-suburban vibe.”

Situated at 4804 SE Woodstock Boulevard, Modera Woodstock is approximately six miles from downtown via nearby SE McLoughlin Boulevard. In addition to various brewpubs, restaurants and nightlife options within the neighborhood, Modera Woodstock is surrounded by several recreational outlets, including Westmoreland Park, Woodstock Park and Eastmoreland Golf Course. Residents will also have near-immediate access to a New Seasons Market grocery store, which sits two blocks from the community.

Community amenities include a resident clubhouse, landscaped courtyard, rooftop deck with grilling area and fire pit, game room with foosball and air hockey, mini theater room with video gaming capabilities, coffee bar, pet spa and a club-quality 24-hour fitness studio, Peloton bike and rower, TRX system, cardio equipment and rock-climbing wall. The community will also feature controlled-access garage parking with EV-charging stations.

Modera Woodstock will offer studio, one-, two- and four-bedroom homes, including five affordable apartment homes. Apartment interiors will include a variety of luxe features, including nine-foot ceilings, wood plank-style flooring, stainless steel appliances, pull-down faucets, quartz countertops, electric ranges, soft-close cabinets, in-home washers and dryers, walk-in closets, a key fob system and private patios or balconies. Residents will also have access to digital package lockers, bike repair station, dedicated bike storage and additional storage.

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Mill Creek Announces Start Preleasing at Amavi Celina

CELINA, Texas, Aug. 4, 2023 /PRNewswire/ — 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 Amavi Celina, the company’s first single-family build-to-rent community within Texas.

The 45-acre development, situated about 40 miles north of downtown Dallas in one of the state’s fastest-growing cities, features a combined 271 cottages, townhomes and single-family detached homes. First move-ins are anticipated for later this month.

“Celina continues to become one of the most sought-after locales in North Texas, and we look forward to opening our doors to our first residents,” said Aubrey Dym, regional vice president of land acquisition for Mill Creek Residential. “Like many emerging suburban markets, Celina exhibits strong demand for quality housing but has few single-family build-to-rent options. We’re eager to help address that demand and offer a best-in-class product that will be attractive to a variety of resident profiles.”

Situated at 1512 Mill Creek Way near the southeast corner of Coit Road and Choate Parkway, Amavi Celina sits one mile east of Preston Road and less than one mile south of the new Collin County Outer Loop. These roads provide quick connectivity to the Dallas North Tollway, the gateway to many of the city’s thriving employment sectors.

Amavi Celina’s 155 cottages primarily consist of detached homes with one-, two- and three-bedroom layouts, all with 10-foot private backyards and surface parking. The 94 townhomes, which range from 1,525 to 1,640 square feet, feature three-bedroom layouts with covered back porches, attached two-car garages and large backyards. The 22 single-family detached homes offer four bedrooms, attached two-car garages, oversized back yards and average a robust 2,200 square feet.

Community amenities include a 3,000-square-foot clubhouse with a fitness center, swimming pool with deck area, dog park, playground, green space and 1.1 miles of onsite trails that lead into Celina’s larger trail system. The community also features contemporary streetscapes and attractively manicured common areas. Home interiors are equipped with stainless steel appliances, in-home full-size washers and dryers, wood plank-style flooring throughout, chef’s islands, granite countertops, ceiling fans and smart home technology with keyless entry, smart thermostats and pre-wiring for video doorbells.

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Mill Creek Announces First Move-Ins Underway at Amavi Sherrills Ford

SHERRILLS FORD, N.C., Aug. 3, 2023 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the first move-ins are underway at Amavi Sherrills Ford, a single-family build-to-rent community situated approximately 35 miles north of downtown Charlotte.

The master-planned community, which offers a mix of 134 cottage-style homes, is part of the greater Village at Sherrills Ford mixed-use community, which includes retail and dining options in addition to a Publix supermarket.

“The Sherrills Ford area continues to become a sought-after living destination yet does not have many options for quality single-family rental housing,” said Scott Herr, president of single-family rentals in the Southeast for Mill Creek Residential. “We’re eager to become a central component of a new neighborhood and to offer a best-in-class living option in the area. We’re excited to welcome our first residents to Amavi Sherrills Ford.”

Situated along Highway 150 at 4050 Freesia Street, Amavi Sherrills Ford sits approximately 12 miles west of Mooresville, N.C., and within a 20-minute drive of Lake Norman State Park. The community is also near a mountain creek park that features nearly 20 miles of multiuse trails. Additionally, residents will be within a 20-minute drive of Cornelius and within 25 minutes of Huntersville.

Amavi Sherrill Ford’s cottage homes will feature two- and three-bedroom homes with sizable layouts. The floor plans measure 992 square feet for two-bedroom homes and 1,275 square feet for three-bedroom homes.

Common-area amenities at the pet-friendly community include an expansive resident clubhouse and leasing office, resort-style swimming pool with spacious sundeck and cabana, outdoor gathering areas, pet park and open green space. The community also features modern streetscapes and aesthetically manicured common areas. Home interiors are delivered with stainless steel appliances, Yale smart pin lock entry system, pre-wired for video doorbell, in-home washer and dryer, wood plank-style flooring, chef’s islands, quartz countertops, ceiling fans, private patios and pet doors leading to fenced-in yards.

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Mill Creek Announces Start of Preleasing at Modera Walsh

FORT WORTH, Texas, Aug. 2, 2023 /PRNewswire/ — 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 Walsh, a contemporary apartment community in the Walsh development on the west side of Fort Worth.

Modera Walsh, which consists of 379 apartment homes, sits at the confluence of Walsh Parkway and Interstates 20 and 30 – the primary east-west thoroughfares serving the Dallas-Fort Worth metropolitan area. The community is part of an 80-acre district being built just south of Interstate 30 along South Marys Creek, which is expected to include a mix of future office buildings, retail, upscale housing and restaurants. The emerging district currently includes a Cook Children’s location offering pediatric, urgent care, and orthopedic and sports medicine specialty care.

Surrounded by rolling hills, two lakes, live oaks and long-range vistas, Modera Walsh embraces the unique topography with special plans for open spaces, parks and recreational trails. First move-ins are anticipated for later this month.

“Walsh is one of the most desirable living destinations in the DFW metroplex,” said Michael Blackwell, senior managing director of development in North Texas for Mill Creek Residential. “It fills a unique niche in the market because of its quick access to the heart of Fort Worth, its outstanding school system, forward-thinking design and rolling terrain with recreational opportunities unlike anywhere else in the metro area. The natural landscape and thoughtful planning create a unique setting and there is a remarkable sense of community at Walsh, so we could not be more excited to join the neighborhood.”

“Walsh is a premier place to live and a growing hub for jobs and economic activity along Fort Worth’s west corridor,” said Ryan Dickerson, CEO at Walsh Companies. “Modera Walsh will be a catalyst for growth and positive progress as we continue to attract the best partners in all aspects of the development.”

The award-winning Walsh development spans more than 7,000 acres and is one of the largest mixed-use developments underway in the U.S. within minutes of a major city center. The surrounding Aledo Independent School District is regarded as one of the premier districts in the DFW area and routinely ranks in the top 10 school districts in the state.

Designed to offer a variety of upscale options, the three-story community features 335 conventional apartment homes, 20 townhomes and 24 casita homes contained within six quadplex buildings. The conventional homes include one-, two- and three-bedroom layouts averaging a generous 959 square feet. The three-bedroom townhomes average 1,859 square feet while the quadplex homes, which feature one- and two-bedroom layouts, average 952 square feet. Both the townhomes and the casitas have attached parking garages and additional private garages are available throughout the community.

Homes will be delivered with a variety of refined features, including front-control electric ranges, side-by-side refrigerators, hidden-control dishwashers, premium granite countertops, wood-plank flooring, tile backsplashes, matte black plumbing fixtures and finishes, kitchen islands, oversized primary bedrooms, 10-foot ceilings and 42-inch custom cabinetry. Smart features include programmable thermostats, key fob access, mobile-app entry and ultra-high-speed WiFi.

Inspired in part by the renowned resort community of Alys Beach and intentionally woven into the surrounding landscape, the architecture and community amenities offer a lifestyle that is sophisticated but relaxed in an environment that is completely connected.

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Mill Creek Announces Move-Ins Underway at Beckett Cottingham

HOUSTON, Aug. 2, 2023 /PRNewswire/ — 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 Beckett Cottingham, the first apartment community representing the company’s new attainable housing brand.

Beckett Cottingham, which spans 16 acres in south Houston, features 360 apartment homes contained within 11 three-story buildings on the southwest corner of Cottingham Street and Schurmier Road.

“We’re excited to launch our newest addition to the Mill Creek family of brands, Beckett by Mill Creek, and believe Beckett Cottingham will serve as a tremendous first addition to our attainable housing portfolio,” said Jeb Cox, senior managing director of development Mill Creek Residential. “Demand for quality housing has increased as the area continues to grow and with the multitude of surrounding employment opportunities, and we’re eager to help address that demand with this exciting new community.”

Mill Creek has additional Beckett by Mill Creek communities in the planning stages in the Houston area, and additional communities in the pipeline nationwide.

Located at 13958 Cottingham Street, Beckett Cottingham is positioned just north of Beltway 8 and approximately 10 miles south of the Texas Medical Center, which has helped spur significant growth in the southeastern portion of the city. The community also sits one mile north of thriving Pearland and within 13 miles of the Port of Houston, one of the nation’s most active ports. Additionally, the community is located adjacent to South Belt Central Business Park, which when complete will feature more than 3.5 million square feet of industrial business space.

Beckett Cottingham offers one- and two-bedroom homes with an average square footage of 1,026 square feet and various layouts available. Community amenities include a 5,000-square-foot clubhouse, outdoor swimming pool, grilling area, outdoor kitchen, pool table, 24-hour fitness studio, conference room, landscaped courtyards and rentable private garages. The pet-friendly community also includes an onsite dog park and dedicated dog run.

Apartment features include 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 include tile shower surrounds and linen closets.

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Mill Creek Launches Its Attainable Housing Apartment Brand

BOCA RATON, Fla., Aug. 1, 2023 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the launch of Beckett by Mill Creek, the company’s attainable housing apartment brand.

The first community in the brand – Beckett Cottingham in Houston – has opened. Mill Creek has plans to break ground on two more Beckett communities in metro Houston in the coming year and will eventually roll out the brand nationwide.

“There is a profound need for attainable rental housing in this country, and the Beckett by Mill Creek portfolio will help meet this demand with communities that offer both an affordable and a high-quality living experience to middle-income earners,” said William C. MacDonald, chairman, CEO and president for Mill Creek Residential. “These communities will benefit tremendously from Mill Creek’s wide-ranging expertise and experience in multifamily. Together, our development, construction and award-winning in-house management teams will build and operate best-in-class apartment homes that provide our nation’s policemen, firemen, healthcare workers, teachers and others with the living experience they deserve.”

Apartment interiors in Beckett communities will include wood-plank style flooring, nine-foot ceilings, ceiling fans, stainless steel appliances, electric ranges, granite countertops throughout, 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.

“The past couple of years have been an especially exciting time for Mill Creek,” said Darren Schackman, chief investment officer for Mill Creek Residential. “We have continued to develop and operate luxury apartment communities while also launching the Amavi brand of single-family rentals. Now, with the unveiling of Beckett by Mill Creek, we are further expanding our reach into the rental-housing market by providing a product for which there is immense demand. With these three distinct offerings, Mill Creek is providing outstanding housing for a wide variety of renters.”

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Mill Creek Announces Construction Underway on Modera St. Paul

DALLAS, July 20, 2023 /PRNewswire/ — 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 St. Paul, a contemporary mixed-use apartment community centrally located in one of the most walkable areas within Downtown Dallas.

The 16-story community, with 333 homes and nearly 4,000 square feet of retail space, will be uniquely positioned at the confluence of the city’s primary employment, civic and cultural districts with delivery occurring after numerous hotels, restaurants and parks have helped to create a vibrant neighborhood in downtown Dallas. Boasting a robust Walk Score of 95, Modera St. Paul will put residents within steps of more than 200 bars, restaurants, boutiques and additional key attractions. The community will offer a full slate of first-class amenities, including unique experiences like a karaoke room, podcast studio and arcade. First move-ins are anticipated for late 2024.

“The unique pocket of downtown, which has benefitted from considerable private investment in the Farmer’s Market and what is now known as East Quarter, as well as both public and private investment in a system of nearby parks, continues to become an exceedingly attractive living destination with its proximity to everything residents desire from city living,” said Michael Blackwell, senior managing director of development in North Texas for Mill Creek Residential. “With our partners the Hamiltons, who have been instrumental in the evolution of downtown, we are excited to add Modera St. Paul to the neighborhood, which will provide walkable access to the downtown’s rapidly expanding restaurant scene and world-class parks, all while putting residents within moments of nearly 200,000 jobs in greater downtown. We look forward to offering a best-in-class living experience in the heart of Dallas.”

Situated at 400 S. St. Paul Street, the community is within a five-minute walk from the Main Street District, AT&T’s Global headquarters and Discovery District, as well as the Dallas Farmers Market. The community also features a strong Transit Score (85) and Bike Score (78). Residents will also enjoy extremely quick access to the surrounding transportation network, including two DART light rail stations and Interstate 30, Interstate 35E and Central Expressway. Several destination parks with year-round programming are within a short walk of the community, including Carpenter Park, Main Street Garden and Harwood Park, which is under construction just a half-block from Modera St Paul.

Modera St. Paul is being built to NGBS bronze standards, and will feature one-, two- and three-bedroom homes with select den layouts optimized for hybrid workers. Additional community amenities will include a rooftop deck, sky lounge, seventh-floor amenity deck with outdoor swimming pool, grilling area, fire pit, outdoor dining, landscaped courtyards, resident clubhouse, coffee bar, private conference rooms, pet spa, dog run and a club-quality fitness center with cardio equipment and yoga studio. Residents will also have access to work-from-home spaces, private EV charging stations, controlled-access reserved parking and a bike storage and repair room.

Apartment interiors will include wood plank-style flooring, built-in shelving and desks, stainless steel appliances, quartz countertops, tile backsplashes, soft-close cabinets with under-cabinet lighting, premium plumbing fixtures, refrigerators with built-in water filters, in-home washers and dryers, walk-in closets and private patios or balconies. Bathrooms will feature custom backlit mirrors, double vanities, walk-in showers and tile flooring. Select homes will include moveable kitchen islands, mudrooms, separate dining areas and oversized bedrooms. The community will also offer a variety of smart home features, including smart thermostats, smart leak detection, controlled guest-access technology and ultra-high-speed WiFi connectivity provided to residents at a discount to market-pricing.

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