Mill Creek Announces Groundbreaking of Founders Row

Development Community Will Feature 394 Apartment Homes, Upscale Retail including Movie Theater

FALLS CHURCH, Va. – Feb. 26, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera Founders Row, a mixed-use lifestyle center that will feature luxury apartment homes and 90,000 square feet of retail space in metropolitan Washington, D.C.

Mill Creek Residential has announced that Studio Movie Grill and City Works Eatery & Pour House will be among the retail components of Founders Row, which will occupy approximately 4.5 acres at the intersection of West Broad Street and North West Street. Modera Founders Row will serve as the market-rate apartment community portion of the development and will include 322 apartment homes. An additional community featuring 72 apartment homes will be dedicated to age-restricted living for individuals 55 years and older.

A formal groundbreaking ceremony is scheduled for Monday, March 4, 2019. First homes and initial retail at the destination community are projected to open in summer 2021.

“We’re thrilled to break ground on Founders Row, which will offer a wholly unique experience to the City of Falls Church when complete,” said Joe Muffler, Managing Director of Development for Mill Creek Residential. “The combination of vibrant retailers, luxury apartment homes and a prime location will create a true destination community.”

As the anchor of the retail space, Studio Movie Grill features eight movie screens, custom luxury recliners, laser projectors, studio-extreme large format auditoriums and Q-SYS sound systems for the ultimate blockbuster experience. The theater will occupy roughly 32,000 square feet of retail space. City Works, which features more than 90 beers on tap and an enthusiastic upscale sports bar atmosphere, will occupy 7,500 square feet of the retail space.

“We’re excited for the addition of these retailers, each of which represents the type of high-energy establishment that will provide enormous appeal to residents and visitors alike,” said Sean Caldwell, executive managing director of the Mid-Atlantic and Northeast for Mill Creek Residential. “Studio Movie Grill provides an entirely unique cinematic experience and the active vibe of City Works will undoubtedly complement the atmosphere we’re aiming to cultivate at Founders Row.”

Founders Row, which is being developed in conjunction with CrossHarbor Capital Partners, Lighthouse Real Estate Investments LLC, and PNC Financial Services, is located in Falls Church, which sits roughly 10 miles west of Washington, D.C. and is considered part of the greater D.C. area. Falls Church is situated on two square miles of land in northern Virginia and is one of the most affluent cities in the U.S. The city features a thriving school system and an active arts and culture sector, including the Falls Church Farmers Market.

Founders Row will offer a commuter-friendly lifestyle within a short distance of the area’s major highways and several public transportation options, including the D.C. Metro. The site is also a short drive from Arlington’s Rosslyn-Ballston Corridor and Downtown Washington, D.C., but the community will provide its own entertainment offerings.

The apartments at Founders Row will consist of studio, 1- and 2-bedroom apartment homes with an average size of 940 square feet. Shared community amenities will include an expansive resident clubhouse, 24-hour club-quality fitness center, outdoor pool and sundeck, business center, game room, barbecue area, Zen garden, private demonstration kitchen, pet spa, controlled-access garage parking, self-serve package lockers and coffee bar. The age-restricted community will feature an additional community room, fitness center, and business center dedicated exclusively to those residents.

Apartment interiors will feature wood plank-style flooring, nine-foot ceilings, moveable kitchen islands, stainless steel Energy Star appliances, quartz countertops, extra-large capacity stacked washers and dryers, built-in storage and shelves, and USB ports. Select homes will have balconies and upgraded finishes, including wine refrigerators, towel warmers, and backlit bathroom mirrors. Residents will also have access to additional storage and bike lockers.

”Founders Row will be an exciting addition to our community,” Falls Church Mayor David Tarter said. “Having a movie theater that most of the City of Falls Church can walk to will further our commitment to make the city a vibrant, walkable destination for residents and visitors from Fairfax, Arlington and beyond.”

To inquire about available retail space, please contact Chris Wilkinson, vice president of retail leasing at JBG Smith. He can be reached at 301.657.7321 or CWilkinson@JBGSmith.com.

Media Contact

Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Named Runner-Up For Multifamily Development Firm of the Year by National Association of Home Builders 

Honor Presented at NAHB’s 2018 Pillars of the Industry Awards Ceremony

LAS VEGAS – Feb. 20, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced it has been named runner-up for the 2018 Multifamily Development Firm of the Year by the National Association of Home Builders.

The honor, part of NAHB’s 2018 Pillars of the Industry Awards, was announced February 19th during a luncheon at the International Builders Show at the Las Vegas Convention Center. Originally formed in 2011, Mill Creek has built its portfolio by developing and acquiring high-quality apartment communities in some of the most desirable markets in the nation.

“We are humbled to be included alongside Gables Residential as a finalist for this honor, knowing that the industry has many development firms with an endless passion for innovation and for pushing the envelope in the development process,” said William C. MacDonald, Chief Executive Officer and President of Mill Creek Residential. “Whether we finish first or 50th on the list, our primary focus has always been to create meaningful relationships with our customers, residents, associates, and partners and extraordinary places that our residents can proudly call home. To be named a finalist for that mission is truly gratifying.”

The Pillars of the Industry Awards span 26 categories and highlight several key facets in the apartment marketplace, including creative development concepts, innovative financing strategies, great design, superior management and deft marketing. The annual competition is judged by a committee of knowledgeable peers, each with a strong track record within the multifamily industry.

Multifamily Development Firm of the Year candidates were evaluated on the overall quality of communities that have been developed over the previous three years. That includes an examination of innovative development strategies and practices, the ability to overcome obstacles and overall success in achieving the company’s vision and goals.

“It is truly an honor to be acknowledged alongside the industry’s premier developers, and we remain motivated to continue to develop quality apartment homes in some of the country’s finest markets,” MacDonald said. “The credit for being included as a finalist goes to our hard-working associates and our wonderful residents who choose to make these communities their homes.”

Mill Creek had previously been nominated for three Pillars of the Industry Awards, winning two. The company was honored for the 2016 Best Mid-Rise Apartment Community and 2016 Best Interior Merchandising of a Common Area, both for Modera Mosaic (Fairfax, Va.).

Mill Creek was also recognized as a finalist for the 2016 Best Adaptive Reuse for its efforts at Modera Lofts (Jersey City, NJ).

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Residential Announces First Move-Ins at Modera Buckhead

Multifamily Developer Welcomes First Residents to High-Rise Community on Peachtree Road

ATLANTA (February 18, 2019) – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announces that its Modera Buckhead community has officially welcomed its first residents.

Situated at the corner of Peachtree and Pharr Roads, Modera Buckhead is located at the pinnacle of Atlanta’s shopping, dining and entertainment hub, providing an immersive and walkable living experience in the bustling neighborhood. Upon completion, the 21-story, mixed-use community will feature 399 one-, two- and three-bedroom apartment homes, each including 42-inch custom cabinetry, quartz countertops and iPhone home accessibility, as well as over 21,000 square feet of ground floor retail space. Final stages of construction are currently in the works, and full completion of the community is expected in fall 2019.

Complementing the upscale interiors of each apartment home, Modera Buckhead residents will enjoy a variety of premier amenities intended to foster an interactive culture and accommodate a social lifestyle. The east courtyard on the eighth floor will include a daytime pool with chaise lounge pods for sunbathing, directly adjacent to an indoor spa, steam room and relaxation lounge, intended to maximize rest and recuperation for residents and guests. Within the eighth-floor west courtyard, a breezeway will seamlessly integrate the covered, open-air social lounge with an outdoor entertainment haven, featuring a lounge pool with a sun shelf and continuous bench seating, a video projection wall and a lawn panel for outdoor games.

Upon completion, the 20th and 21st stories of the community will be home to a rooftop terrace, where an indoor-outdoor bar and lounge space will be connected to several outdoor garden rooms. A grand staircase will connect the two terraces and a featured skylight table will provide natural light to the lower level. A vine-enclosed landscape design will be utilized to provide the experience of a green oasis in the sky to accompany sweeping views of Buckhead landmarks and the Atlanta skyline. Other unique amenities include a rooftop dog park complete with agility-training and exercise equipment and a state-of-the-art yoga studio, and fitness center.

In addition to its premier amenities and forthcoming restaurant and retail partners, which will be announced in the coming months, Modera Buckhead will feature an outpost of Atlanta-based Spa Sydell, one of the city’s most recognized day spas. The community is located within walking distance of a number of vibrant dining and retail destinations – including Biltong Bar, the Shops at Buckhead Atlanta and Le Bilboquet.

Modera Buckhead is a joint venture in partnership with Elite International Investment Fund, a leading real estate investment platform with capital coming from Asia. For more information on Modera Buckhead or to inquire about leasing an apartment home, please visit ModeraBuckhead.com.

 

About Elite International Investment Fund
Established in May 2013, Elite International Investment Fund (EIIF) is a privately-owned real estate investment management company with offices in Beijing, Los Angeles, and New York. EIIF seeks to deliver attractive risk adjusted returns to our investors. Our disciplined investment strategy is responsive to different stages of the real estate cycles through discreet selection, stringent underwriting and working with the best local talents and sponsors. Since its inception, EIIF has set the precedence as the first Chinese private equity fund ever to invest in a U.S. development project, as well as the first to bring on board a major Chinese bank as an equity partner. www.eliteinfund.com

Mill Creek Announces Groundbreaking of Modera San Diego Apartments

Development Community Will Add 368 Apartment Homes to East Village Neighborhood

SAN DIEGO – Jan. 31, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced it has recently broken ground on Modera San Diego, a luxury apartment community in the East Village neighborhood of Downtown San Diego.

The seven-story community, which will be situated at the southeast corner of 14th Street and K Street, represents Mill Creek Residential’s first development community in Downtown San Diego. The downtown location is in the southern portion of East Village and within walking distance of Petco Park and the city’s world-renowned Gaslamp Quarter.

Initial move-ins are projected for spring 2021.

“San Diego is rapidly becoming one of the most pedestrian-friendly cities on the West Coast, and the East Village is transforming into a destination locale for new residents,” said John Colletti, Vice President of Development, Southern California for Mill Creek Residential. “We’re thrilled to add this community to the neighborhood’s robust entertainment, retail, restaurant and cultural amenities, and we believe Modera San Diego will address the market’s booming growth while serving as a premier housing option in the area.”

The Modera San Diego development community is in a walkable, transit-oriented locale two blocks from a San Diego Trolley station, which provides connectivity to the greater downtown area and links to Amtrak regional lines. The site boasts a Walk Score of 93, which signifies a walker’s paradise and means most errands can be accomplished on foot. In addition, the neighborhood’s growing creative office base provides employment opportunities in the design and technology sectors.

East Village is the largest of downtown San Diego’s eight neighborhoods, and continues to emerge as a hip-and-trendy destination featuring a multitude of breweries, coffee shops and nightlife options. Mission Brewery, a local icon built within a former Wonder Bread factory, is located directly across from the community.

Modera San Diego will feature three architectural styles; each designed to complement its neighborhood context. The community will offer studio, 1- and 2-bedroom homes with various loft plans on the penthouse level. Community amenities will include two outdoor courtyards, a 5,100-square-foot sky lounge with pool and spa, fireside gathering areas, two outdoor kitchens and spectacular views of the bay and downtown skylines. Residents will also have access to a state-of-the-art fitness studio, co-working spaces, executive conference rooms, modern clubhouse, bowling lounge, lobby lounge, parcel storage lockers and controlled-access subterranean garage parking.

The pet-friendly community will also include a dog run with grooming basins. Apartment home interiors will be delivered with a variety of high-end fixtures and finishes such as nine-foot ceilings, wood plank-style floors, quartz counters with matching tile backsplashes and soaking tubs.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek and Rockwood Capital Announce Groundbreaking of Modera LoHi

Development Community to Add 132 Homes to Denver’s Vibrant Lower Highlands Neighborhood

DENVER – Jan. 16, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera LoHi, a luxury apartment community located in the popular Lower Highlands neighborhood.

The community, which will feature 132 apartment homes with a modern, but timeless aesthetic, will sit adjacent to Downtown Denver and feature prime access to the city’s key employment and nightlife districts. It will include three distinct outdoor spaces and boast panoramic views of the city skyline and Rocky Mountains. First move-ins are anticipated for summer 2020.

“Denver’s booming employment market continues to make the city a hotbed for apartment demand, and we’re thrilled to join one of the area’s most vibrant and walkable neighborhoods,” said Chris Schramm, Vice President of Development for the Colorado region for Mill Creek Residential. “It’s our goal to offer a best-in-class living experience in the area, and we believe Modera LoHi’s location and extensive collection of amenities will surpass expectations in the market.”

Located at 2555 16th Street, the community is surrounded by a multitude of restaurants, bars and local shops in a charismatic neighborhood that features a blend of charming historic and modern architecture. Residents will have prime pedestrian access to the heart of Downtown Denver, including the redeveloped Denver Union Station, via the Highland Bridge. The Walk Score in the area has increased to 94, which is considered a “walker’s paradise” and means most daily errands do not require a vehicle.

The site is commuter-friendly, located just west of Interstate 25 and within minutes of Interstate 70, the area’s primary east-west thoroughfare that provides direct access to the Rocky Mountains. Easy access to the Cherry Creek and Platte River bike paths will enable residents to connect to various key locales across the metro area. Sports venues Pepsi Center, Coors Field and Mile High Stadium are also easily accessible from the neighborhood.

Modera LoHi will consist of studio, one-, and two-bedroom homes, including double-height units with mezzanines and 16-foot living rooms available on the fifth floor. Outdoor community amenities will include a private landscaped courtyard just above street level, resort-style swimming pool and hot tub, rooftop deck with lush landscaping, fire pits, flat screen TV, city and mountain views and an outdoor kitchen with grilling stations.

Indoor amenities will include a club-quality fitness center with Fitness on Demand, conference room with phone booth-style individual work spaces, WiFi lounge with coffee bar, pet spa and a controlled-access bike room with fully equipped workshop. Residents will also have access to digital package lockers, additional storage and electric-vehicle charging stations.

Apartment interiors will feature nine- and 10-foot ceilings, oversized windows with upgraded acoustics, eight-foot stained wood entry doors with keyless locks, Nest thermostats, luxury vinyl-tile flooring, upgraded Energy Star appliance packages, custom 42-inch cabinetry with soft-close doors and under-cabinet lighting, quartz countertops with porcelain tile backsplashes, roller window shades, porcelain tile bathroom floors and front-loading washers and dryers. Many homes will be equipped with built-in mudrooms, private patios or balconies, moveable kitchen islands, showers with built-in quartz benches and floating bathroom vanities, some with dual sinks.

Modera LoHi is being developed in partnership with an affiliate of Rockwood Capital and is Mill Creek’s eighth development community in the Denver area. Others include Modera Observatory Park and Modera River North, which had its grand opening in the summer. Modera Cap Hill and Modera West Wash Park are currently under construction.

 

About Rockwood Capital
Rockwood Capital, LLC (Rockwood) is a real estate investment management firm founded in 1995 that provides equity capital combined with real estate operating expertise for the repositioning, recapitalization, development and redevelopment of residential, office, research and development, retail and hotel space in key markets throughout the United States. Rockwood and its principals have invested on behalf of their clients approximately $28.9 billion of real estate through commingled funds and separate accounts. Rockwood is a 76-person organization with offices in New York, NY, San Francisco, CA, and Los Angeles, CA that manages a portfolio of approximately $3.6 billion of net equity value in approximately $7.1 billion of gross real estate value as of 9.30.2018. Rockwood’s investors include sovereign wealth funds, public and private pension funds, endowments, foundations, insurance companies, funds of funds, high net worth individuals and family offices.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Grand Opening of Modera Sedici Apartment Homes

Development Community Adds 134 Apartment Homes to Site of Former Italian Embassy

WASHINGTON – Dec. 17, 2018 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the grand opening of Modera Sedici, a luxury apartment community located on the venerable grounds of the former Italian Embassy.

The captivating community offers 134 apartment homes, including 22 with distinct customized floor plans in the redeveloped original Italian Embassy building. The additional 112 residences are located in a newly constructed nine-story high-rise that complements and links to the iconic historic structure. Situated along esteemed 16th Street in the nation’s capital, Modera Sedici is built with an enchanting European cosmopolitan aesthetic interior design and features many restored original features.

“Modera Sedici is one of the most unique communities in the nation, and certainly in the Mill Creek portfolio,” said Sean Caldwell, Senior Managing Director of the Mid-Atlantic region for Mill Creek Residential. “We worked extensively to preserve the charming qualities and original aesthetic of the Italian Embassy building to cultivate a truly one-of-a-kind living experience in one of the most appealing areas of the city.”

Among the historic components in Modera Sedici are restored parquet, a grand piano, original travertine and modern marble. The community also includes the Soggiorno – a grand ballroom with preserved crown moulding and parquet floors, and the Biblioteca – a curated resident lounge with fireplaces and stunning millwork. The original Neo-Renaissance architecture was maintained in the redevelopment of the embassy building, which Grand Central Station architects Whitney Warren and Charles Wetmore originally designed in 1925.

Located at 2700 16th Street NW, Modera Sedici residents are interconnected to three of the city’s most-desirable neighborhoods – Adams Morgan, the U Street Corridor, and Columbia Heights – and their variety of boutique shopping, nightlife and dining options. Residents will also benefit from Modera Sedici’s position in a quieter portion of the downtown area.

“While the awe-inspiring beauty of the building is what first stands out, our primary mission remains the same as it always does – to provide an exceptional living experience,” said Joe Muffler, managing director of development for Mill Creek Residential. “With its quiet location, elegant interior features and quick accessibility to the city’s bustling hot spots, we believe Modera Sedici will set the standard for refined apartment living in the area.”

Modera Sedici consists of studio, one-, two- and three-bedroom homes with two-story townhome-style layouts available. Additional community amenities include the Vista – a rooftop terrace with city views; the Palestra – a club-quality fitness center with elite equipment imported from Italy; and the Terraza – a programmed green space with water features, covered seating and grills. The community also includes a historic piazza with public and private seating areas and 24-hour concierge service.

Apartment interiors include several luxurious touches, including upscale GE or Bosch appliance packages that include in-home washers and dryers, Kohler and Moen fixtures, classic-tiled kitchen backsplashes, Kaindl wood plank-style flooring in French Walnut or Orchard Walnut, genuine Italian marble counters in the historic kitchens and baths, elegant recessed lighting and spa-inspired bathrooms with illuminated mirrors, mosaic tile floors, showers, tubs and floating vanities.

The commuter-friendly site provides near-direct access to K Street in downtown, the Capital Beltway and Silver Spring, a thriving business hub on the northern edge of the Metro Area. 16th Street is one of the city’s only north-south thoroughfares and borders Modera Sedici to the east. Fuller Street borders the community to the south and Mozart Street to the west.

Modera Sedici is the seventh development community by Mill Creek in the Washington, D.C. area.

About Rockwood Capital
Rockwood Capital, LLC (Rockwood) is a real estate investment management firm founded in 1995 that provides equity capital combined with real estate operating expertise for the repositioning, recapitalization, development and redevelopment of residential, office, research and development, retail and hotel space in key markets throughout the United States. Rockwood and its principals have invested on behalf of their clients approximately $28.4 billion of real estate through ten value-add vehicles and ten separate accounts. Today, Rockwood is a 76 person organization with offices in New York, NY, San Francisco, CA, and Los Angeles, CA that manages a portfolio of approximately $3.4 billion of net equity value in approximately $6.8 billion of gross real estate value as of 6.30.2018. Rockwood’s investors include public and private pension funds, endowments, foundations, insurance companies, fund of funds, high net worth individuals and family offices.

Media Contact

Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Grand Opening of Modera Shepherd Apartment Homes

Development Community Adds 245 Apartment Homes/Loft Penthouses to Washington Corridor

HOUSTON – Dec. 12, 2018 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the grand opening of Modera Shepherd, a luxury apartment community in Houston’s flourishing Washington Corridor.

The community celebrated the official grand opening event Nov. 29, which included food and beverage from local vendors, a prize raffle for residents and event swag bags. The six-story community, which is surrounded by an abundance of world-class dining, shopping and nightlife options within Houston’s hippest neighborhoods, includes a combined 245 apartment homes and two-story loft penthouses. Move-ins began in the summer.
“With Houston’s booming employment sector and the influx of new residents, the delivery of new apartment homes is timely,” said Jeb Cox, Senior Managing Director of Houston and Austin for Mill Creek Residential. “We believe Modera Shepherd will provide one of the finest living experiences in the market, because it’s much more than a place to live. This community will cultivate an atmosphere that entices residents to frequent the amenity spaces and live a social lifestyle.”

Located at 611 Shepherd Drive and within minutes of the downtown Central Business District, the community offers quick connectivity to Downtown Houston’s thriving employment sectors and cutting-edge neighborhoods, such as Houston Heights and River Oaks. The Galleria, located about six miles from Modera Shepherd, is an upscale retail destination that attracts upwards of 30 million visitors per year. The community also boasts prime access to several recreational outlets, including Memorial Park and Buffalo Bayou Hike and Bike Park.

Modera Shepherd residents have expedient access to Interstate 10, Memorial Drive and Allen Parkway, which connect to various landmarks and popular destinations across the metropolitan area. The Central Business District is home to nine Fortune 500 companies and 50 million square feet of office space, and emerging Greenway Plaza is within four miles of the community. Oil jobs are making a comeback, as well, which is driving more job growth to the city.
Modera Shepherd consists of studio, one- and two-bedroom homes with loft penthouse homes available. Apartment interiors offer elevated ceilings, granite countertops, wood plank-style flooring, stainless-steel appliances, front-loading washers and dryers and USB ports. Select homes include walk-in closets, separate dining areas, soaking tubs, pantries and private patios or balconies.
Community amenities are highlighted by a club-quality fitness center with Peloton Bikes, Woodway Treadmills and Cross Fit Virtual Trainers. Modera Shepherd also includes a resort-style outdoor swimming pool, rooftop sky lounge overlooking downtown, outdoor barbecue area, conference center, business center, pet spa and open-air lounge with pool, ping-pong and shuffleboard. Residents also have access to controlled-access subterranean garage parking, bike storage with repair station, self-serve package lockers and refrigerated package lockers for perishable goods.

Modera Shepherd is the fifth community that Mill Creek has developed in Houston. Others include Modera Flats and Astor Tanglewood.

Media Contact

Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Residential Announces Preleasing and Forthcoming Spa Sydell at Modera Buckhead

Multifamily Developer Now Leasing Apartment Homes on Peachtree Road

ATLANTA (December 7, 2018) – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced that preleasing for its Modera Buckhead community is now in progress.

Situated at the corner of Peachtree and Pharr Roads, Modera Buckhead is located at the pinnacle of Atlanta’s shopping, dining and entertainment hub, catering to the burgeoning young professional population searching for a more luxurious living environment in the bustling neighborhood. Upon completion, the 21-story, mixed-use community will feature 400 one-, two- and three-bedroom apartment homes, each including 42-inch custom cabinetry, quartz countertops and iPhone home accessibility, as well as over 21,000 square feet of ground floor retail space.

Complementing the upscale interiors of each apartment home, Modera Buckhead residents will enjoy a variety of premier amenities intended to foster interactive culture and accommodate a social lifestyle. The east courtyard on the eighth floor will include a daytime pool with chaise lounge pods for sunbathing, directly adjacent to an indoor spa, steam room and relaxation lounge, intended to maximize rest and recuperation for residents and guests. Within the eighth-floor west courtyard, a breezeway will seamlessly integrate the covered, open-air social lounge with an outdoor entertainment haven, featuring a lounge pool with a sun shelf and continuous bench seating, a video projection wall and a lawn panel for outdoor games.

The 20th and 21st stories of the community will be home to a rooftop terrace, where an indoor-outdoor bar and lounge space will be connected to several outdoor garden rooms. A grand staircase will connect the two terraces and a featured skylight table will provide natural light to the lower level. A vine-enclosed landscape design will be utilized to provide the experience of a green oasis in the sky to accompany sweeping views of Buckhead landmarks and the Atlanta skyline. Other unique amenities include a rooftop dog park complete with agility-training and exercise equipment and a state-of-the-art yoga studio, juice bar and fitness center.

In addition to its premier amenities and forthcoming restaurant and retail partners, which will be announced in the coming months, Modera Buckhead will feature an outpost of Atlanta-based Spa Sydell, one of the city’s most recognized medical-grade day spas.

“With the development of Modera Buckhead, it’s been our goal to capitalize on the central location of the community and provide residents with the convenience, amenities and comfort they’re looking for in a Buckhead home,” said Harvey Wadsworth, managing director at Mill Creek Residential. “Partnering with Spa Sydell, which got its start in Buckhead, will provide residents and visitors a unique, locally based retail option, and we’re looking forward to welcoming them back to the neighborhood early next year.”

Expected to open in January 2019, Spa Sydell will merge luxurious day spa essentials with innovative medical treatment technology, focusing on results-driven aesthetic treatments in an upscale, contemporary atmosphere. Following a recent change in ownership from the founding Harris family, the forthcoming Spa Sydell location represents the next generation of day and med spa services. Upon opening, the spa will offer a welcoming consult room, spacious spa suites, cutting edge medical equipment for the latest in anti-aging and body contouring, and exciting new products, including a high-end, medical grade skincare line, Omni Bioceutical Innovations and more. Though the concept will not be open for the holidays, Spa Sydell fans can look forward to its debut by purchasing gift certificates via Spa Sydell’s website.

“We’re thrilled to bring this new vision of Spa Sydell back to Buckhead, where it all began,” said Matthew Bine, who co-works Spa Sydell with business partner Larry Davis. “The Modera Buckhead community is the perfect fit for this concept and we’re excited to bring residents and visitors cutting-edge cosmetic and aesthetic treatments under one roof.”

Modera Buckhead is a joint venture in partnership with Elite International Investment Fund, a leading real estate investment platform with capital coming from Asia. For more information on Modera Buckhead or to inquire about leasing an apartment home, please visit ModeraBuckhead.com.

About Spa Sydell

Spa Sydell opened its first spa in Buckhead 30 years ago by Sydell Harris and family. It became known as one of Atlanta’s most recognized and preferred day spas with an ongoing commitment to delivering personalized attention and superior service. Today, Spa Sydell has taken on the much-demanded medical grade spa services with new owners from the dermatological sciences industry, Matthew Bine and Larry Davis. Merging luxurious day spa with innovative medical treatment technology, Spa Sydell’s current locations include The Forum at Peachtree Parkway, Cumming, Perimeter Place, Buckhead in January 2019 and Alpharetta in spring 2019. Spa Sydell offers a relaxing environment, top-notch service providers, innovative products, integrative aesthetics and a wide array of wellness services. The more than 75 spa and medi-spa services available include: massages, facials, microdermabrasion, manicures, pedicures, spray tan and waxing; Juvederm, Botox, Volbella and Kybella injectables; state of the art laser treatments; and innovative microneedling and human growth factor treatments using the latest in cutting-edge bioscience technology. With cutting edge anti-aging technology, Spa Sydell offers a 360-degree, well-rounded approach to skin care and overall wellness.

About Elite International Investment Fund

Established in May 2013, Elite International Investment Fund (EIIF) is a privately-owned real estate investment management company with offices in Beijing, Los Angeles, and New York. EIIF seeks to deliver attractive risk adjusted returns to our investors. Our disciplined investment strategy is responsive to different stages of the real estate cycles through discreet selection, stringent underwriting and working with the best local talents and sponsors. Since its inception, EIIF has set the precedence as the first Chinese private equity fund ever to invest in a U.S. development project, as well as the first to bring on board a major Chinese bank as an equity partner. www.eliteinfund.com

Mill Creek Announces Grand Opening of Modera The Alameda Apartment Homes

Mixed-Use Development Community Adds 168 Homes to Thriving San Jose Market

SAN JOSE, Calif. – Nov. 29, 2018 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the grand opening of Modera The Alameda, a mixed-use apartment community located in the heart of Silicon Valley.
A grand opening ceremony was held on the evening of November 1, showcasing the community’s resort-inspired pool, resident amenity areas and rooftop deck overlooking downtown San Jose. The event included a personalized building tour, food and beverages. Modera The Alameda consists of 168 apartment homes above 18,000 square feet of ground-floor retail and restaurant space.

“The Rose Garden neighborhood in San Jose is a paradise for the modern-day renter, and we’re delighted to add to our presence in a booming, culturally diverse city,” said Don Peterson, senior managing director of Northern California for Mill Creek Residential. “With its centralized location and proximity to entertainment, dining, transit and key employment sectors, we believe Modera The Alameda provides a best-in-market experience in the neighborhood.”
Constructed at 787 The Alameda as part of the Diridon Station Area Plan, Modera The Alameda offers near-direct access to Silicon Valley’s prominent tech employers, a wide array of retailers, theaters, breweries and numerous nightlife and entertainment venues. The transit-oriented community provides rapid connectivity throughout the San Jose and Silicon Valley area with quick access to the Guadalupe Parkway (Route 87) and the Mineta San Jose International Airport. The community sits one block from San Jose Dirdion Station, a key transit hub for the region that includes Caltrain, Amtrak, Altamont Corridor Express and VTA’s light rail and buses.

The community, built adjacent to a Whole Foods Market, also offers expedient access to various mountain ranges, recreational trails and parks. In addition, the nearby SAP Center is home of the San Jose Sharks and numerous concerts and events.
The capital of Silicon Valley, San Jose is one of the most culturally diverse cities in the nation and leads the world in tech innovation, medical treatment and research and development. The city is home to more than 6,600 high tech companies that employ more than 245,000 people, including tech giants Amazon, Adobe, Google and Apple. Modera The Alameda boasts a live-work-play environment to complement the booming residential and retail district that surrounds the community.

Modera The Alameda consists of studio, one-, two- and three-bedroom homes ranging in square footage from 471 to 1566, with den and loft layouts available. Common-area amenities at the pet-friendly community include a sky terrace, club-quality fitness and yoga studios, Wi-Fi café, outdoor barbecue area with dining tables, fireside lounge area, mezzanine game room, pet spa, bike storage, clubhouse and 24-hour package lockers.
Apartment home interiors feature a contemporary industrial design and include modern custom cabinetry, wood plank-style flooring, quartz countertops, stainless-steel appliances, large closets and spacious ceilings starting at nine feet tall.
To inquire about available retail space, please contact Marie Anderson, vice president for CBRE. She can be reached at 408.453.4768 or Marie.Anderson@CBRE.com.

 

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Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Residential and City of Yonkers Celebrate Opening of Modera Hudson Riverfront and Sculpture Park

 Yonkers Mayor Mike Spano Joins Mill Creek Residential to Kick Off Ribbon Cutting of Yonkers’ Newest Luxury Residential Community, and Adjacent Sculpture Garden Park

 

YONKERS, N.Y. (October 26, 2018) — Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment home communities across the U.S., today announced the opening of Modera Hudson Riverfront, its newest luxury residential community in Yonkers, NY, and its adjacent sculpture park – a public/private partnership between the developer and the City of Yonkers. The community celebrated the official grand opening event Thursday evening at an event hosted by Yonkers Mayor Mike Spano, Mill Creek Residential, as well as leaders from the Yonkers business community.
Located along the Hudson River, Modera Hudson Riverfront is situated in the center of Yonkers’ burgeoning waterfront district, where new development is revitalizing the area and spurring a wave of interest in the Getty Square neighborhood – a major shopping, dining, and retail destination in Westchester County. In developing Modera Hudson Riverfront, Mill Creek has addressed the increasing demand for upscale luxury homes to serve the growing demographic of urban professionals in Yonkers. Modera Hudson Riverfront’s ideal location – steps from the Yonkers Metro-North station, and within walking distance of Downtown Yonkers – is attracting customers from throughout Westchester County and New York City alike, seeking upscale residences at an attainable price-point with all of the conveniences of an urban setting.

 

The sculpture park serves as an example of Mill Creek’s ethos of developing properties that both enhance, and integrate with the communities they are located in. Developed by renowned local artist Barbara Segal, in conjunction with other local artists, the sculpture garden is an additional on site amenity for both Modera Hudson Riverfront, as well as City of Yonkers residents. Overlooking the Hudson River and the Palisades, the garden is another way residents can take in their scenic views in an outdoor setting. In addition to the sculpture works, the park includes an area dedicated to remembering the September 11th tragedy and will soon be home to the Enslaved Africian Rain Garden bronze sculptures created by renowned artist Vinnie Bagwell.

 

“With the opening of Modera Hudson Riverfront, Mill Creek is acknowledging the need for unique urban living through the development of a new upscale community that is continuing the renaissance of Yonkers’ waterfront”, said Rich Murphy, Managing Director at Mill Creek Residential. “As Yonkers continues redevelopment throughout the city, it is important private developers and public officials work together to create development communities that integrate with, while enhancing their surroundings, such as Modera Hudson Riverfront”.

 

The six-story, 324-residence community will offer a mix of well-appointed studio, one-, and two-bedroom luxury apartment homes, with rents starting at $2,194 for studios, and ranging up to $3,433 for the largest two-bedroom residences. Each apartment home features: spacious, light-filled interiors; wood plank-style flooring; soaking tubs; quartz countertops; stainless steel EnergyStar appliances; custom 42” cabinetry; 9’ ceilings; and city, park, or river views.

 

“The opening of Modera Hudson Riverfront is an exciting milestone in the complete revitalization of Yonkers’ waterfront district,” said Mayor Mike Spano. “As the area continues to grow, welcoming a variety of new businesses and residents, it is vital that the city offer cutting-edge, desirable living options like Modera Hudson Riverfront.”

 

Mill Creek has a proven philosophy of tailoring its development communities to each community’s locale. Reflecting this approach, Modera Hudson Riverfront features thoughtfully designed lifestyle amenities, including: a 15,000 square-foot amenity center with a double-height hotel-style lobby; luxurious resident lounge; club-quality fitness center; private home offices; an indoor/outdoor sky-lounge with a golf simulator; a rooftop sundeck with scenic views of the Hudson River; and interior landscaped courtyards with outdoor gaming tables and grills, fire pits, and an expansive pool. The riverfront location offers spectacular unobstructed views from each residence in every direction.

 

“Mill Creek is committed to delivering exceptional living experiences that are distinguished by our ultra-high-quality amenities and finishes. In the communities we serve, we provide a unique product to fit the character of the surrounding neighborhood, and Modera Hudson Riverfront is no different” said Russell Tepper, senior managing director. “Yonkers continues to be an increasingly enviable locale that offers the accessibility, vibrancy, and urban convenience to compete with many of New York City’s great neighborhoods”.

 

At 20 Water Grant Street, the community’s riverfront location is surrounded by noteworthy development along Yonkers’ emerging waterfront, and is encouraging walkability to Downtown Yonkers and the surrounding neighborhoods. For those commuting into New York City, the community is ideally located within walking distance from the striking Beaux Arts Metro-North train station, which is only a 30-minute train ride to Grand Central Station.

 

For more information on leasing visit ModeraHudsonRiverfront.com