SAN DIEGO, July 8, 2021 — Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera San Diego, a luxury apartment community in the city’s eclectic downtown area.
The seven-story community, which features 368 apartment homes and an array of deluxe amenities, sits at the corner of 14th Street and K Street and represents Mill Creek Residential’s first development community in downtown San Diego. The community is within walking distance of Petco Park, Quartyard Events Plaza and the city’s ultra-popular Gaslamp Quarter. Move-ins will begin later this summer.
“Downtown San Diego is rapidly becoming one of the most dynamic living destinations in southern California, and we’re thrilled to join the neighborhood,” said Sam Simone, senior managing director of development in Southern California. “We believe the community’s pedestrian-friendly location and best-in-class design will connect our future residents to a thriving downtown in a way that will set a new standard for a quality living experience in the area.”
Situated at 1445 K Street, Modera San Diego boasts a superb Walk Score of 93 and is within moments from the beach, the charming Little Italy neighborhood and across the street from the award-winning Mission Brewery. Residents are within two blocks from a San Diego Trolley station, which offers connectivity to the greater downtown area and links to Amtrak regional lines.
The downtown San Diego area continues to emerge as a hip-and-trendy destination featuring a multitude of breweries, coffee shops and nightlife options. The neighborhood’s growing creative office base, which has created abundant job opportunities in the design and technology fields, has boosted the area’s burgeoning employment market.
Modera San Diego, which offers studio, one- and two-bedroom homes with various loft plans on the penthouse level and den layouts, features three distinct architectural styles designed to complement the neighborhood. Community amenities include two meticulously landscaped outdoor courtyards, a 5,100-square-foot sky lounge with resort-inspired pool and spa, fireside gathering areas, two outdoor kitchens with brick pizza oven and spectacular views of the bay and downtown skylines. Residents at the pet-friendly community also have access to a state-of-the-art fitness studio, co-working spaces, executive conference rooms, a resident clubhouse, bowling lounge with two regulation lanes, lobby lounge, 24-hour package storage lockers, a dog run with grooming basins, bike storage and controlled-access garage parking.
Apartment interiors are equipped with a variety of high-end finishes, including two distinct color schemes, nine-foot ceilings, stainless steel appliances, smart-home features including Nest thermostats and programmable lighting, wood plank-style floors, quartz countertops with matching backsplashes, custom cabinetry and soaking tubs with tile surrounds. Select homes feature kitchen islands, soaking tubs with tile surrounds, walk-in closets with built-in shelving, digital appliances and private patios or balconies.
MIAMI, July 7, 2021 — Mill Creek Residential, a leading multifamily investor and operator specializing in premier rental communities across the U.S., today announced that construction is underway at Modera Skylar Phase II, a contemporary apartment community located in the River District of Downtown Miami. The company first broke ground in February and is now amidst the construction process.
Located just north of the Miami River with exceptional access to all of Miami’s major trafficways, Modera Skylar Phase II is surrounded by Miami’s thriving Health District. The community, a high-rise being developed alongside the original 21-story Modera Skylar, will offer 97 apartment homes and a connection to the elevated pool deck that provides residents with panoramic views of the city. The site’s commuter-friendly position allows residents to conveniently explore Miami’s most popular attractions.
“We have always highly valued the South Florida apartment market, which has shown great resilience through the pandemic and is poised for a strong future as the nation and economy continues to recover,” said Jeff Meran, executive managing director for Mill Creek Residential’s Southeast Division. “At the Modera Skylar buildings, we’ll aim to encourage an active, social lifestyle that will help give residents the work-life balance so many of them are craving. With its strategic location and wide range of first-class amenities, our second phase will continue to provide a resort-style living experience for our residents.”
Situated just west of NW 14th Avenue, Modera Skylar Phase II will provide residents with convenient access to an array of world-class restaurants and retail shops. The walkability of the neighborhood (87 Walk Score) and the nearby metro stations keep residents connected to nightlife and cultural attractions. The community is also near several major employers, including Jackson Memorial Hospital and Miami International Airport, while the surrounding neighborhood encompasses multiple schools that range from elementary to college, including the adjacent University of Miami School of Medicine.
The community is within walking distance to the newly opened River Landing Shops and is also just a short ride from the Wynwood Art District – a nexus for culture and arts featuring trendy eateries and ample shopping opportunities. The neighboring Design District, known for its sleek architecture, celebrity-chef restaurants and upscale fashion boutiques, is nearby as well, as are all the amenities of Midtown, Downtown and Brickell. Meanwhile, the iconic South Beach is only a 15-minute drive from the community.
Modera Skylar Phase II will offer one-, two-, and three-bedroom apartment homes, with den layouts available. Community amenities include those of the original building, featuring a clubhouse with a lounge area and TVs, free Wi-Fi throughout the amenities, an expansive rooftop deck featuring a redesigned pool and hot tub, outdoor fitness and an outdoor entertainment area with grills and picnic tables. Phase II will also include a two-story fitness center and resident lobby. The pet-friendly community also will feature an onsite dog park, package lockers, reserved parking in a controlled-access garage and an optional valet dry-cleaning service.
Apartment homes will feature luxury wood-inspired plank flooring throughout, nine-foot ceilings, private balconies, king-sized bedrooms with walk-in closets, generous storage space, LED light fixtures, in-home washers and dryers, central heating and air and contemporary kitchens with stainless steel appliances, quartz countertops, USB ports and tile backsplashes. Select homes feature two full baths, walk-in showers, breakfast bars, wrap-around balconies and views of the weekly fireworks show at Marlins Park.
Modera Skylar Phase II will complement the recently renovated Modera Skylar, which offers 166 studio, one- and two-bedroom homes and a deluxe suite of amenities.
Read the full article here.
FALLS CHURCH, Va., June 29, 2021 — Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera Founders Row and Verso Founders Row, two distinct apartment communities that are part of Founders Row, a mixed-use lifestyle center in the heart of Falls Church.
Modera Founders Row, a luxury market-rate community, features 322 apartment homes and a vast array of contemporary amenities. Verso Founders Row is a 72-home age-restricted community dedicated to individuals 55 years and older and features an exclusive set of amenities, although Verso residents will have access to the amenity spaces at both communities. Situated at the intersection of West Broad and North West Streets about 10 miles west of Washington, D.C., Founders Row also includes 80,000 square feet of luxury retail space.
Move-ins for Modera Founders Row are anticipated for fall, while first move-ins for Verso Founders Row are slated for winter.
“The combination of well-appointed apartment homes, boutique onsite retail options and a charismatic location will make Modera Founders Row and Verso Founders Row part of a true destination community,” said Joe Muffler, managing director of development.”This will be a benchmark development for Mill Creek, and we look forward to welcoming our first residents and offering an unmatched living experience in the area. Founders Row will have a little bit of everything.”
Located at 110 Founders Avenue, the location is anchored in the heart of the City of Falls Church, a charming and bucolic inside-the-Beltway suburb of Washington, D.C. Situated on two square miles of land in northern Virginia, Falls Church features a thriving school system and an active arts and cultural presence, including the Falls Church Farmers Market.
While Modera and Verso Founders Row residents will be able to enjoy a wide variety of activities onsite and within steps of the community, they will also benefit from direct access to the Washington & Old Dominion (W&OD) trail, a paved 45-mile rail trail that extends through northern Virginia and is located directly adjacent the site. The community also sits less than a mile from the Orange Line of the Washington Metro system, and is a short drive from Downtown Washington, D.C. and the vibrant Rosslyn-Ballston Corridor in Arlington, Va.
Apartment homes at Modera Founders Row include studio, one- and two-bedroom homes with den/office and loft layouts available. Shared community amenities include a resort-inspired pool with sundeck, club-quality fitness center, expansive resident clubhouse with connected work-from-home business center, gourmet coffee bar, outdoor courtyards, private event space with demonstration kitchen, game room, pet spa and dog park and complimentary WIFi in amenity spaces. Residents will also have access to controlled-access garage parking, self-serve package lockers, bike lockers and additional storage units. Verso Founders Row, which offers one- and two-bedroom homes, will feature an additional community room, fitness center and rooftop deck retreat dedicated exclusively to those residents.
Boasting an average size of 940 square feet, Modera Founders Row apartment homes include keyless entry, elevated 9-foot ceilings, wood plank-style flooring, stainless steel Energy Star appliances, quartz countertops, under-cabinet kitchen lighting, moveable kitchen islands and full-size stackable washers and dryers. Select homes will offer private balconies, built-in shelving and upgraded finishes, including wine refrigerators, towel warmers and backlit bathroom mirrors. Homes at Verso Founders Row will be delivered with similar features, and also include a separate wine fridge and heated towel racks in bathrooms.
The ample retail space at Founders Row includes room for a luxury movie theater, upscale restaurants and boutique shops. 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 [email protected]
PORTLAND, Ore., May 13, 2021 – Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the groundbreaking of Modera Morrison, a contemporary mixed-use community near Downtown Portland.
Situated at 1120 SE Morrison Street, Modera Morrison will add 247 apartment homes and nearly 11,000 square feet of ground-level retail space to Portland’s rapidly growing Central Eastside. The seven-story, podium-style structure will be LEED Silver certified, with first move-ins anticipated for 2023. The community is located between SE Belmont Street and SE Morrison Street, two of the main thoroughfares heading into downtown, which is 1.5 miles away.
“The Central Eastside and surrounding neighborhoods are among the most sought-after places to live in Portland,” said Sam Rodriguez, senior managing director of development in Portland. “We’re thrilled with the potential this area has to offer and are extremely excited about the tremendous growth the city is experiencing as we get started on Modera Morrison.”
Modera Morrison’s location offers immediate proximity to a multitude of local amenities and attractions. With a Walk Score of 96 and a Bike score of 97, Modera Morrison complements the unique lifestyle district emerging in the Central Eastside. The community sits within walking distance to the Moda Center, home of the Portland Trailblazers; the Oregon Convention Center; and Revolution Hall, a renowned concert venue with an expansive public dog park that sits just across the street.
The surrounding pedestrian-friendly retail corridors house numerous shops, restaurants, entertainment establishments and breweries, including the popular Modern Times and Rogue breweries. With Colonel Summers Park, Laurelhurst Park and the Eastbank Esplanade nearby, residents will have convenient access to open fields, picnic areas, bike paths, outdoor sport courts, playgrounds and a community garden.
The Central Eastside location places Modera Morrison within close proximity of Portland’s top employment centers. Just across the Morrison Bridge, downtown Portland boasts over 110,000 employees and 22 million square feet of office space. Other major employment centers in the area include the Lloyd District, the Pearl District and Oregon Health & Science University, putting more than 140,000 jobs within a quick commute.
Community amenities include a co-working space and coffee bar in the resident lobby for the ever-increasing work-from-home resident, virtual reality gaming lounge, theatre room, outdoor rooftop deck with panoramic views, rooftop bistro and lounge, yoga and Pilates studio and a club-quality fitness studio featuring individual TVs. Residents at the pet-friendly community will also have access to an onsite pet spa, private garage with controlled-access parking, dedicated bike storage and an Amazon package HUB with overflow room.
The community will offer studio, one-, two- and three- bedroom apartment homes with private balconies and den layouts available. Apartment interiors feature nine-foot ceilings, stainless steel Energy Star appliances, quartz countertops, tile backsplashes, full-size in-home washers and dryers, smart entry locks and heating and air conditioning with a programmable thermostat. Select homes will offer desk nooks.
AUSTIN, TEXAS, May 6, 2021 – Mill Creek Residential, a leading investor and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera Domain, a luxury apartment community located adjacent to The Domain—often referred to as Austin’s second downtown.
The community, which offers 354 apartment homes, is situated within the North Burnet neighborhood and surrounded by an abundance of office and retail. First move-ins are scheduled for June 2021.
“This is a remarkable location alongside The Domain affording residents easy access to name-brand employers and numerous lifestyle offerings,” said Bart Schaetter, managing director of development in Austin. “With thoughtful home finishes coupled with inviting amenities and unexpected design elements peppered throughout, we believe Modera Domain will offer a first-class experience for our residents.”
Situated at 2618 Kramer Lane, Modera Domain is within a five-minute walk of Capital Metro’s Kramer Lane MetroRail station and a short drive from the MoPac Expressway (Loop 1), which provides connectivity to the tech-driven employment sectors and key attractions across the metropolitan area. Notable employers in the area include IBM, HomeAway/Expedia Group, Charles Schwab, Amazon, Indeed, Apple, Facebook and St. David’s Healthcare.
The community is within moments of the popular Rock Rose nightlife district and within a short walk from Top Golf. Additionally, Austin FC’s stadium is within a half mile of the community.
Modera Domain offers studio, one- and two-bedroom homes with an average size of 848 square feet. Community amenities include a vibrant courtyard with resort-style pool with tanning ledge, outdoor deck, barbecue area, outdoor kitchen with gas grills, resident clubhouse with gaming area, pool table, conference room, coworking spaces, coffee bar, pet spa and an onsite park. A club-quality fitness center offers state-of-the-art Matrix cardio equipment. Residents also have access to bike storage and a bike repair station, digital package lockers and controlled-access parking.
The community features an impressive smart home technology package including programmable thermostats, controlled guest access and smart home lighting, all accessible through a smart device and compatible with voice-activated devices such as Amazon’s Alexa and Google Home.
Apartment interiors are delivered with two distinctive schemes and a variety of contemporary features. Included are stainless-steel appliances, granite countertops, 9- and 10-foot ceilings, custom 42-inch cabinetry, under-cabinet lighting, tile backsplashes, upgraded fixtures, in-home washers and dryers and luxurious baths with back-lit mirrors, designer tile surrounds and under-mount sinks. Select homes include built-in storage, walk-in showers and walk-in closets.
Modera Domain will become Mill Creek’s third community actively leasing in Austin, joining Alister Balcones and Eastside Station.
BERKELEY HEIGHTS, N.J., Feb. 23, 2021 – Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it has broken ground on Modera Berkeley Heights, a luxury apartment community located approximately 26 miles west of New York City.
The wrap-style community, which will add 173 apartment homes to the Township of Berkeley Heights, will sit just north of Interstate 78 (the Phillipsburg-Newark Expressway) and moments south of Springfield Avenue, the primary retail corridor of the neighborhood. The convenient location provides quick access to Interstate 287 and Route 22, which serve as key thoroughfares in the northern New Jersey and NYC area. First move-ins are anticipated for late 2022.
“Mill Creek has always admired the Union County market as a whole and Berkeley Heights in particular,” said Rich Murphy, managing director of development of New Jersey. “It is one of the most charismatic communities in the northern part of the state and has a limited supply of luxury apartment-living options. We look forward to joining the charming neighborhood and helping to address the emerging demand for quality housing.”
Situated at 91 Lone Pine Drive, Modera Berkeley Heights is surrounded by a vibrant downtown area, high-ranking school systems and multiple shopping, dining and entertainment options. The community also is within five blocks of the local New Jersey Transit station, which provides expedient connectivity to the greater NYC area.
Modera Berkeley Heights will consist of one-, two- and three-bedroom homes with select den layouts. Community amenities will include an outdoor swimming pool, outdoor deck with barbecue area and picnic tables, resident clubhouse with demonstration kitchen, game room, business center with resident working pods, coffee bar and a club-quality fitness center with a group fitness area. Residents will also have access to controlled-access garage parking, digital package lockers, dedicated bike storage and additional storage options.
Apartment interiors at the pet-friendly community will feature nine-foot ceilings, wood-style flooring, built-in shelves, energy-efficient stainless steel appliances, quartz countertops, breakfast bars, tile backsplashes, smart thermostats, walk-in closets and in-home washers and dryers. Bathrooms will include tile shower surrounds, double vanities and linen closets, and select homes will offer green space views.
BERKELEY, Calif., Feb. 11, 2021 –– Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera Berkeley, a mixed-use apartment community in the heart of Downtown Berkeley.
The community, which adds 205 apartment homes and 14,000 square feet of retail space to one of the nation’s most compelling markets, sits one block from the west entrance of the UC Berkeley campus. First move-ins are scheduled for this month.
A portion of the development was part of a historic preservation effort, as we restored the Acheson Physicians Building, originally built in 1908, into residential loft-style homes.
“We have always been optimistic about the Bay Area, and Berkeley certainly holds a unique niche within the market,” said Dave Fiore, Senior Managing Director of development, Northern California. “Modera Berkeley possesses a certain charm, largely because of the charisma emanated by the original Acheson Physicians Building and its key location within the city. We look forward to welcoming our first residents and providing a top-tier living experience.”
Situated on University Avenue between Walnut and Shattuck Avenue, Modera Berkeley sits amidst a vibrant and rapidly expanding downtown sector that possesses an average Walk Score of 98. Considered a “walker’s paradise,” residents will have the ability to accomplish most tasks by foot. The site also features a premier Bike Score of 97. Residents also have quick access to a variety of retail, entertainment, dining and cultural attractions in the surrounding area, including the Berkeley Arts District.
As one of the nation’s top intellectual and technology centers, Berkeley features a robust job market for new businesses, innovative technologies, entrepreneurial activity and venture investment. The community is immediately adjacent to UC Berkeley’s Energy Biosciences Building and two blocks from the Downtown Berkeley BART Station, which offers a 14-minute commute to Downtown Oakland and a 26-minute connection to Downtown San Francisco. AC Transit and Amtrak are also easily accessible from the community.
Modera Berkeley offers studio, one-, two- and three-bedroom homes contained within four buildings with two-bedroom lofts and den layouts available. Community amenities are highlighted by two rooftop decks that include barbecue areas, fire pits and dramatic city and bay views. Residents will also have access to a club-quality fitness studio, expansive clubroom and lounge area, game room, two indoor bike storage rooms and work-from-home spaces in the lobby.
Apartment interiors are delivered with several deluxe features, including custom cabinetry, wood plank-style flooring, quartz countertops, air conditioning, stainless-steel appliances, nine- and 10-foot ceilings, in-home washers and dryers and built-in shelving. Select homes include separate dining and den areas, walk-in closets, loft layouts and private balconies or patios.
Homes also include advanced technology features such as WiFi-enabled thermostats controlled via mobile device. The community will feature a video and keyless entry system as well as automated package storage solutions.
Modera Berkeley is the seventh development community by Mill Creek in the Bay Area.
WOODBRIDGE, N.J., Feb. 9, 2021 — Mill Creek Residential, a leading investor and operator specializing in premier rental communities across the U.S., today announced the construction of Modera Woodbridge, a mixed-use apartment community within walking distance of Downtown Woodbridge, is underway.
The commuter-friendly community, which will include 279 apartment homes and more than 6,000 square feet of ground-floor retail space, will sit adjacent to a New Jersey Transit station that provides direct access to New York City. The community is located along Woodbridge’s Main Street, steps from a variety of retail, dining, and nightlife options. First move-ins are anticipated for late 2022.
“Woodbridge has been eager for the redevelopment of its charming downtown corridor, which has a lot to offer for residents and visitors alike,” said Richard Murphy, Managing Director of Development for New Jersey. “We look forward to assisting in that mission by developing quality apartment homes along Main Street, which continues to gain in popularity. We look forward to working alongside the Township of Woodbridge on this exciting community.”
Situated at 10 Main Street, Modera Woodbridge will be within a short drive of Woodbridge Center, which offers additional dining and retail opportunities, and less than two miles from William Warren Park. The site is also within a short drive of the New Jersey Turnpike, Garden State Parkway, and Interstate 287, which provide connectivity to the New York metropolitan area and beyond. The transit-friendly location is about 25 miles southwest of New York City.
Modera Woodbridge will offer studio, one-, two, and three-bedroom apartment homes with an average size of 886 square feet and den layouts available. Community amenities will include a rooftop deck with barbecue area, club-quality fitness studio with TRX® system, resident clubhouse, pool table, conference room, coffee bar, and pet spa. Residents will also have access to controlled-access garage parking, dedicated bike storage and additional storage space.
Apartment interiors will be equipped with nine-foot ceilings, wood plank-style flooring, quartz countertops, stainless steel appliances, custom 42-inch cabinetry, pendant lighting, upgraded fixtures, tile backsplashes, in-home washers and dryers, programmable thermostats, and walk-in closets. Bathrooms will include tile shower surrounds, linen closets, and double vanities. Homes will also offer private patios or balconies, breakfast bars, and residents will have access to valet dry cleaning.
Residents will also enjoy a full technological experience in the community with app-enabled access control to community amenities, as well as apartment homes. Apartment homes will also feature smart thermostats that can be controlled by a resident’s personal device.
PHOENIX, Feb. 4, 2021 — Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced its expansion into the Arizona market.
Mill Creek’s regional office in Phoenix marks the company’s entry into the Arizona market. Tyler Wilson will serve as the Managing Director overseeing development efforts for this new market and will lead the regional office.
“The Arizona market has become increasingly popular among relocating renters, and strong, high-quality job growth in Phoenix is projected to continue at a rapid pace over the next decade,” said Chad DuBeau, Executive Managing Director for Arizona, Colorado, and Southern California. “We’re thrilled to officially join this accelerating market with Tyler at the helm. We believe he is a perfect fit to oversee the Arizona market.”
Wilson, previously of Ryan Companies, has vast experience in the area. He served as Ryan’s vice president of real estate development for the Southwest, where he led the multifamily and senior living development team. The University of Virginia graduate also worked for Phoenix-based brokerage service Cassidy Turley for 11 years before joining Ryan Companies.
In his new role, Wilson will be responsible for overseeing Mill Creek’s development process of the entire Arizona pipeline, including sourcing, entitlements and design of new multifamily development opportunities in the region.
“We’re eager to start building our Phoenix-area portfolio,” Wilson said. “The area is primed for growth and we look forward to helping to meet the area’s rising housing demand. This is an increasingly relevant market nationally with an abundance of upside, and we believe Mill Creek will have a lot to offer Arizona’s increasingly sophisticated customer base.”