Mill Creek Residential Announces Grand Opening of Modera New Rochelle

NEW ROCHELLE, N.Y. , Sept. 22, 2022 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the grand opening of Modera New Rochelle, a luxury apartment community within a one-minute walk of New Rochelle’s Main Street.

City leaders and public figures joined Mill Creek on Wednesday, Sept. 21 in celebrating the official opening of the midrise community, which features 334 apartment homes, a superb Walk Score of 96 and puts residents within a vast array of dining, shopping and nightlife options. Situated at 111 Centre Avenue approximately 20 miles northeast of Manhattan, Modera New Rochelle is within a five-minute walk of the New Rochelle Station, which provides 30-minute train commutes to New York City.

“This community has certainly been a collaborative effort with the City of New Rochelle, and we’re humbled that many prominent local figures joined us for the Grand Opening,” said Russell Tepper, senior managing director of development in the Northeast region for Mill Creek Residential. “We’ve always believed that New Rochelle is one of the most dynamic submarkets in the greater New York City area, and our location near Main Street will put residents alongside a wide variety of attractions. In addition to offering a top-of-market living experience, we will be an active member of the community supporting the continued growth of New Rochelle’s downtown.”

Grand opening attendees included New Rochelle Mayor Noam Bramson, City Manager Charles B. Strome III, Deputy City Manager/Corporation Counsel Kathleen Gill and several commissioners and City Council members, including District 1 Councilmember Martha Lopez-Hanratty. Members of the City’s Development staff, including Commissioner Adam Salgado, Deputy Commissioner of Economic Development Carol Samol and Director of Planning and Sustainability Kevin Kain, also were on hand.

“Modera New Rochelle is a welcome addition to our thriving downtown, which now boasts a range of housing types to suit every lifestyle,” Bramson said. “Mill Creek has been an excellent partner in implementing New Rochelle’s innovative development plan and achieving positive change for our entire community.”

“Investing in our neighborhoods is one of the most important and impactful ways that we can continue to build up our community,” Lopez-Hanratty said. “With the addition of Modera New Rochelle, our City is set to continue growing and developing for visitors and residents.”

Modera New Rochelle, built to NAHB Green Building Standards, includes Cafetero, a locally owned and operated coffee shop that is the follow-up creation from the local purveyor of R Café and Tea Boutique. The ground floor space is also accompanied by an art alley featuring a substantial array of public art murals.

“This beautiful new development will help us continue to build and revitalize our downtown neighborhood for all to enjoy,” Salgado said. “Modera New Rochelle is a wonderful result of dedication and commitment to the New Rochelle community. This updated, state-of-the-art residence is just one example of the incredible results that come from community engagement and investment.”

Modera New Rochelle offers studio, one- and two-bedroom apartment homes and a dynamic amenity package in excess of 20,000 square feet, including a spacious indoor/outdoor rooftop lounge and deck with views of Long Island Sound and the New York City skyline, three courtyards, an outdoor resort-style swimming pool with sun shelf, dog park and pet spa, outdoor theater, clubhouse and a club-quality fitness center. Apartment interiors are delivered with a variety of luxe features, including wood-plank flooring, nine- and 10-foot ceilings, stainless steel appliances, quartz countertops, custom 42-inch cabinetry, in-home full-size washers and dryers, programmable thermostats and soaking tubs.

“We are excited to welcome Modera New Rochelle to our ever-expanding skyline,” Strome said. “This new development and public art amenity is inviting and invigorating for current residents and potential neighbors alike.”

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Mill Creek Announces Acquisition of Alister Lake Lynn

RALEIGH, N.C., Sept. 20, 2022 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the acquisition by its Mill Creek Multifamily Value-Add Fund of Alister Lake Lynn, a garden-style apartment community in Northwest Raleigh.

The three-story community, which features 312 apartment homes, is situated just off of Creedmoor Road and sits within the city’s picturesque Northwest area, which is notable for its established neighborhoods with green spaces, tree-lined streets and comfortable ambiance. Alister Lake Lynn benefits from its close proximity to major jobs centers in Raleigh, including the country’s largest research park (Research Triangle Park – “RTP”), Downtown Raleigh (the state capital) and Rex Hospital. Situated at 6421 Campus Drive, Alister Lake Lynn puts residents less than three miles from the popular Crabtree Valley Mall and within a quick commute of many dining and retail options including those at North Hills. Additionally, Lake Lynn Park is located one mile west of the community and features several sports facilities and a 2.8-mile greenway that surrounds the lake.

Propelled by world-class access to talent from three tier-one research universities (NC State University, Duke and the University of North Carolina) and an established innovation-based economy as the home of RTP, Raleigh-Durham (also known as the Triangle) is one of the fastest growing regions in the nation. Its population grew 92% since 2000. Lauded for its relatively low cost of living, highly educated workforce, cutting-edge healthcare and stable local and state governments, the region is attracting economic investment and corporate relocations/expansions.

“We’ve always been a fan of the Raleigh market and the Carolinas in general,” said Jaymie O’Harrow, vice president of acquisitions for Mill Creek Residential. “We’re excited to join the neighborhood, which serves as an ideal backdrop for a comfortable, enjoyable living experience. We believe our upgrades and our team’s trademark service levels will elevate Alister Lake Lynn to a top-of-market living option, and we’re eager to acquaint ourselves with our new residents and the neighborhood.”

Alister Lake Lynn offers one-, two- and three-bedroom homes with various layouts available. Community amenities include a resort-inspired swimming pool, sundeck with shade structures, two resort-style tennis courts, pet park, business center with coworking lounge, WiFi-enabled clubhouse and a 24-hour club-quality fitness center. Residents also have access to valet trash service, a recycling center, an onsite car care center and rentable carports.

Home interiors include nine-foot ceilings, energy-efficient stainless-steel appliances, gas ranges, granite countertops, tile backsplashes, wood plank-style flooring, modern fixtures and finishes, in-home washers and dryers, fireplaces, spacious closets and private patios or balconies. Select homes offer soaking tubs, and third-floor homes include loft layouts.

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Mill Creek Announces Start of Move-Ins at Modera Six Pines

SHENANDOAH, TexasSept. 14, 2022 /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 move-ins at Modera Six Pines, a wellness-inspired apartment community in The Woodlands, an affluent and charismatic neighborhood 27 miles north of Houston.

Modera Six Pines, which consists of 429 apartment homes, a refined suite of amenities and high-end interior finishes, is part of an 11-acre master-planned development that also features a Life Time Fitness health center. Possessing a sophisticated European chic aesthetic, the five-story podium-style community is optimally situated just north of The Woodlands Town Center, home to a wide variety of retail, dining and entertainment options.

The Woodlands continues to become one of the most desirable living areas in the Houston area, and we’re excited to welcome our first residents to Modera Six Pines—our first community in this thriving submarket,” said Jeb Cox, senior managing director of development in Houston and Austin for Mill Creek Residential. “We’re prepared to deliver a best-in-class experience and believe the thoughtful architecture, top-of-market amenity spaces and comfortable home interiors will complement the refined vibe of the neighborhood. Modera Six Pines is an ideal location for those seeking both proximity to the city and a relaxed living experience outside the urban core.”

Situated at 8900 Six Pines Drive in Shenandoah, Modera Six Pines is within one mile of The Woodlands Mall, Lake Woodlands Crossing and Market Street, an award-winning mixed-use town center with a movie theater and day spa. Additionally, the nearby Woodlands Waterway features a pedestrian walkway, public art walk and year-round koi garden. Multiple parks are also easily accessible, making the area a haven for outdoor enthusiasts.

The community is also situated less than a half-mile off Interstate 45, which provides access to the greater Houston area and its thriving employment centers. Notable nearby employers include Woodlands Hospital, Baker Hughes, Exxon Mobil and Entergy Texas.

Modera Six Pines offers studio, one-, two- and three-bedroom homes with den and penthouse layouts available. Community amenities include a resort-inspired swimming pool, barbecue stations, two landscaped courtyards, high-end lobby with reading nooks and coffee bar, bar area with resident lounge, game room, catering kitchen with dining room, dog park and pet spa, onsite library and two-level co-working spaces with private offices and a conference room.

As part of the community’s emphasis on health and wellness, Modera Six Pines features a two-story fitness center with TRX system, group fitness area, cardio/weight stations and a yoga/Pilates studio. Residents also have access to dedicated bike storage, a loaner bike program, additional storage space, valet dry cleaning, Fetch package service and controlled-access garage parking with EV charging stations.

Home interiors are equipped with keyless entry, plank-style flooring, chef-style kitchens with granite countertops, energy-efficient stainless steel appliances, tile backsplashes, 42-inch custom cabinetry, pendant lighting, in-home washers and dryers, smart thermostats and private patios or balconies. Select homes offer kitchen islands, double-vanity bathroom sinks, freestanding soaking tubs and linen closets.

Modera Six Pines adds to Mill Creek’s emerging presence in the Houston area, which also includes Modera Flats and Modera Washington. Mill Creek also recently broke ground on Modera Cottingham on the south side of the city and Modera Garden Oaks near the Oak Forest neighborhood.

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Mill Creek Announces Construction Underway on Modera Garden Oaks

HOUSTON, TX., Aug. 25, 2022 /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 Garden Oaks, a five-story apartment community in Central Northwest Houston.

The community, which broke ground in November and will feature 327 apartment homes, is centrally located one mile north of the Interstate 610 loop and one mile west of I-45 in the Garden Oaks neighborhood. The site closely borders the Oak Forest neighborhood and will put residents within five miles of Downtown Houston and within six miles of The Uptown Galleria, one of the city’s most popular mixed-use destinations. First move-ins are anticipated for late 2023.

“Garden Oaks is one of the most up-and-coming neighborhoods in the city and is rapidly establishing a reputation as a coveted living destination,” said Lucas Sandidge, vice president of development in Houston for Mill Creek Residential. “We’re excited to join the neighborhood and are confident that Modera Garden Oaks will put residents within close proximity of everything they might need while providing a living experience unlike any other in Houston.”

Situated at 641 W. Crosstimbers Road, Modera Garden Oaks features a centralized location that will enable residents to access several key attractions throughout the city, including Uptown, Downtown, Midtown, The Heights and Montrose. Within the neighborhood, an abundance of new restaurants, bars and family-owned retail shops offer a multitude of options as the area continues to become a popular destination for new businesses.

The community also will put residents within a short drive of The Houston Farmers Market, White Oaks Music Hall, The Heights Theater and several parks. That includes Memorial Park, which consists of 1,466 acres, a three-mile loop and is one of the largest urban parks in the U.S.

Modera Garden Oaks will offer one- and two-bedroom homes with an average square footage of 893 and den layouts available. Community amenities will include a resort-style pool with grilling areas, state-of-the-art fitness center, a podcast media center and co-working spaces, theater room, resident clubhouse and onsite pet spa. Residents will also have access to additional storage spaces and gated garage entry.

Apartment interiors will include quartz countertops, tile backsplashes, stainless steel appliances, custom 42-inch cabinetry, under-cabinet lighting, 10-foot ceilings, wood plank-style flooring, in-home washers and dryers, smart thermostats and a key fob entry system. Bathrooms will include double vanities, soaking tubs, tile shower surrounds and walk-in closets. Select homes will feature private patios or balconies and private yards.

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Mill Creek Announces Groundbreaking of Modera McGavock

NASHVILLE, Tenn.Aug. 24, 2022 /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 McGavock, a contemporary high-rise apartment community in Nashville’s thriving Gulch neighborhood.

The 29-story community, which will be positioned along McGavock Street and 13th Avenue South, will feature 396 apartment homes in one of the city’s most desirable locales. Modera McGavock will be among the tallest buildings within The Gulch and will offer stunning views of the city’s Downtown and Midtown skylines. First move-ins are anticipated for late 2024.

“We’re confident that Modera McGavock will elevate the standard for downtown living in Nashville,” said Luca Barber, managing director of development in Nashville for Mill Creek Residential. “The Gulch neighborhood boasts a convenient, centralized location and has quickly established itself as Nashville’s premier, urban submarket due to its variety of exceptional mixed-use developments, employment, entertainment venues and boutique retail options. We’re eager to develop a community that matches these vibrant surroundings, and we’re grateful to play an ongoing role in the transformation of this great city.”

Situated at 1212 McGavock Street, Modera McGavock will sit just east of key artery Interstate 40 and put residents within close proximity of the area’s 78,000 employers, including 17,000 new job opportunities within Downtown. Major thoroughfares I-65, Broadway, Demonbreun Street and the Nashville Greenway also provide connectivity from the community, which features an emerging Walk Score of 80. The prime walkability includes access to a Whole Foods, situated 400 feet from the community, and pedestrian access throughout The Gulch, which offers a restaurant, hotel and retail scene unmatched throughout the remainder of the city.

Modera McGavock will consist of studio, one-, two- and three-bedroom homes with spacious floor plans and an average square footage of 970. Community amenities will include a rooftop sky lounge and swimming pool, grilling area with outdoor dining, fire pit, clubhouse, game room, landscaped courtyards, conference room, co-working spaces, coffee bar, rooftop dog park and a 24-hour fitness center with TRX system, cardio equipment, yoga studio and group fitness area. The community will also feature controlled-access guest technology, private parking with EV charging stations, package lockers, bike storage and additional storage.

Apartment homes will include a variety of deluxe features, including nine-foot ceilings, stainless steel appliances, quartz countertops, custom cabinetry, under-cabinet lighting, tile backsplashes, wood plank-style flooring, in-home washers and dryers, walk-in closets, smart thermostats and private patios or balconies. Bathrooms will be equipped with tile surrounds, linen closets and double vanities. Select homes will also offer soaking tubs.

Modera McGavock will mark Mill Creek’s third development within Nashville, joining Modera Germantown and Modera Gulch.

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Mill Creek Announces Groundbreaking of Modera Georgetown

Garden-Style Community Will Add 318 Apartment Homes to Fast-Growing North Austin

GEORGETOWN, TexasAug. 16, 2022 /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 Georgetown, a garden-style community located in Georgetown, Texas—America’s fastest-growing city—north of Austin.

The three-story community, which will feature 318 apartment homes, is part of Highland Village, a master-planned community comprising 299 single-family homes, 32 acres of commercial development, three acres of parkland and a recreational trail system. First move-ins are anticipated for late 2023.

“We’re excited to join the desirable Georgetown market and eager to provide much-needed rental housing to the area,” said Bart Schaetter, managing director of development in Austin for Mill Creek Residential. “Modera Georgetown will offer residents the best of both worlds—Texas Hill Country-inspired luxury living in a small-town, family-friendly surrounding while being in close proximity to all the big-city amenities and employers. We believe the community’s modern farmhouse architectural design coupled with its high-end interior finishes will be well-received by prospective renters.”

Situated at 29600 Ronald Reagan Boulevard, the community is connected to the greater Austin metro area via Interstate 35 and SH-130—both within a short drive. Georgetown’s historic town square and the surrounding area are home to numerous restaurants, craft breweries, entertainment venues and cultural attractions. The community sits within two miles of Sun City Texas, within four miles of popular Lake Georgetown and 10 miles from the city’s primary shopping district, which includes The Summit at Rivery Park, Rivery Towne Crossing, Wolf Ranch Town Center and more.

Modera Georgetown will offer one-, two- and three-bedroom homes with a sizable average square footage of 914 with various layouts available. Community amenities will include a resort-style pool with tanning ledge, grilling area, resident clubhouse with work-from-home spaces and coffee bar, landscaped courtyards shaded by heritage oak trees, pickleball courts, onsite pet park and pet spa, playground, common area WiFi and a club-quality fitness center with cardio equipment and yoga/Pilates studio.

Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel Energy Star appliances, granite countertops, pull-down faucets, tile backsplashes, under-cabinet lighting, in-home washers and dryers and walk-in closets. Bathrooms will include soaking tubs and tile surrounds. Select homes will feature double vanities.

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Mill Creek Announces Groundbreaking of Modera LoSo

Midrise Community Will Add 351 Homes to Vibrant Charlotte Neighborhood

CHARLOTTE, N.C.Aug. 2, 2022 /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 LoSo, a luxury apartment community located in Lower South End.

The midrise community, which will feature 351 apartment homes, will be located within walking distance of the LYNX Blue Line Scaleybark Station and an abundance of office, retail and popular entertainment destinations. First move-ins are anticipated for late 2024.

“LoSo has quickly become one of the most attractive submarkets in Charlotte, and brisk demand for quality housing is following suit,” said Alex Eyssen, senior managing director for Mill Creek Residential. “With its thoughtful design and attention to detail, we believe Modera LoSo will quickly become one of the most desirable living options in the market. We’re eager to get started on this unique development and excited to become a part of the neighborhood.”

Situated at 3405 South Tryon Street near Clanton Road, the community has unparalleled connectivity to South End, Uptown and Interstate 77. Within Lower South End, future residents will have access to a growing contingent of craft breweries, eclectic coffee shops and a wide variety of restaurants. The neighborhood is adjacent so South End and three miles south of Uptown Charlotte, putting an abundance of additional employment and entertainment options within a short commute.

Modera LoSo is seeking NGBS Green certification at the Silver level, and will offer studio, one-, two- and three-bedroom homes with a sizable average square footage of 950 and various layouts available. Community amenities will include a club-quality fitness center, multiple clubrooms, resort-style pool, four distinct outdoor courtyards, sky lounge overlooking the Uptown skyline and a secured parking garage with electric vehicle charging stations.

Apartment interiors will include a choice of designer kitchen finishes, stainless steel appliances, quartz countertops, tile backsplashes, hardwood-inspired flooring, upgraded fixtures and cabinet pulls, designer lighting, keyless entry system, spacious bedrooms and oversized chef-inspired kitchen islands. The community will also offer ample private storage, shared co-working areas, private furnished offices and community-wide WiFi.

Modera LoSo will mark Mill Creek’s second ground-up multifamily development in Charlotte and third multifamily community overall. It will join Alister Uptown, a boutique community located at 810 E. 7th Street, and Modera SouthPark, which will welcome its first residents in 2024.

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Mill Creek Announces Groundbreaking of Modera Academical Village

Two-Phase Mixed-Use Community Will Add 793 Homes to Western Broward County

DAVIE, Fla.July 13, 2022 /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 Academical Village, a contemporary mixed-use apartment community in the western Broward County market.

The community, which will be developed in two phases in conjunction with equity partner FCP, will feature a combined 793 apartment homes and approximately 16,000 square feet of ground-floor retail space. Positioned just east of S. University Drive and just west of Nova Southeastern University, Modera Academical Village is the residential component of the larger Academical Village Master Plan, which will ultimately include 2.5 million square feet of premier retail, residential, hotel, office and medical space.

First move-ins for Phase I, which will include 397 homes, are anticipated for fall 2024. Phase II will include 396 homes with start of construction targeted for April 2024 and first move-ins for summer 2026.

“We’re excited to be a part of this unique master-planned village, which we believe will be among the most attractive and charismatic locales in the area,” said Andrea Rowe, senior managing director of development in South Florida for Mill Creek Residential. “While we’re prepared to offer the quintessential Modera by Mill Creek experience to our residents, we also are eager to do our part to enhance the village as a whole. With the NSU campus and newly-opened University Hospital essentially in our backyard, we’ll be in an active area with many exceptional employment opportunities within walking distance.”

Situated at 3440 SW 76 Terrace, Modera Academical Village is being built to a National Green Building Standard silver certification level. When complete, the surrounding Academical Village will include a tree-lined central boulevard that intersects a road that circles the NSU campus, a pedestrian bridge connecting to the campus and a large outdoor plaza with fountains and outdoor seating areas.

With its proximity to S. University Drive, the area’s key north-south thoroughfare, the site boasts an extremely commuter-friendly location. All of South Florida’s primary expressways are easily accessible, including Interstates 595, 75 and 95 along with the Florida Turnpike. Many of the area’s key employment centers, schools and medical facilities are within a short commute and Fort Lauderdale-Hollywood International Airport sits 10 minutes away. Within the western Broward County area, future residents will have access to an abundance of key retailers, a wide variety of dining options and grocers.

Modera Academical Village will offer studio, one-, two- and three-bedroom apartment homes with den layouts available. Community amenities will include an outdoor swimming pool with grilling area, rooftop deck, outdoor dining, resident clubhouse, onsite dog park and pet spa, landscaped courtyards and a club-quality fitness center with cardio equipment, group fitness area, yoga/Pilates studio and TRX system. Residents will also have access to coworking spaces and a conference room, a package locker system, community wide Wi-Fi, controlled entry and guest access, garage parking, EV-charging stations, dedicated bike storage and opportunities for additional storage space.

Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, pull-down faucets, kitchen islands, soft-close cabinets, in-home washers and dryers, walk-in closets, built-in shelving, USB ports, keyless entry system and smart thermostats. Bathrooms will include double vanities, linen closets, soaking tubs and additional high-end features.

Modera Academical Village adds to Mill Creek’s robust South Florida presence, as the company continues to bolster its portfolio in MiamiFort Lauderdale and the surrounding area.

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Mill Creek Announces Groundbreaking of Modera Cottingham

Eleven-Building Community Will Add 360 Homes to South Houston Neighborhood

HOUSTONMay 18, 2022 /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 Cottingham, a multi-building apartment community spanning 16 acres in south Houston.

The sprawling three-story community, which will feature 360 contemporary apartment homes contained within 11 buildings and an expansive clubhouse, will be developed on the southwest corner of Cottingham Street and Schurmier Road. First move-ins are anticipated for spring 2023.

“Modera Cottingham will offer a location that provides convenient access to many of Houston’s key employment centers without the exorbitant price tag of many of the city’s other emerging neighborhoods,” said Jeb Cox, senior managing director of development in Houston and Austin for Mill Creek Residential. “We look forward to getting started on this development, which will benefit from the area’s sustained growth, rapid influx of petrochemical development and massive amount of surrounding employment opportunities.”

Situated at 13958 Cottingham Street, Modera Cottingham will sit just north of Beltway 8 and just over 10 miles south of the Texas Medical Center, home to a wide range of employment opportunities and responsible for much of the recent growth in the southeastern portion of the city. The community also will sit within 13 miles of the Port of Houston, one of the nation’s most active ports, and six miles north of the affluent city of Pearland. Modera Cottingham will also be adjacent to the forthcoming location of South Belt Central Business Park—the future home to more than 3.5 million square feet of industrial business space.

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

Apartment interiors will include a variety of features, including 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 will include tile surrounds and linen closets.

Modera Cottingham will add to Mill Creek’s presence in Houston. Others communities include Modera Flats, Modera Washington and Modera Waugh, which recently broke ground near the River Oaks neighborhood.

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Mill Creek Announces Groundbreaking of Amavi Sherrills Ford

Development Marks Mill Creek’s Second Single-Family Development in N.C.

SHERRILLS FORD, N.C.May 11, 2022 /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 Amavi Sherrills Ford, a master-planned community approximately 35 miles north of Charlotte. The development marks another key step in Mill Creek’s recent entry into the emerging single-family build-to-rent sector.

The community will offer a mix of approximately 134 cottage-style homes. The development will become part of the greater Village at Sherrills Ford master-planned mixed-use community, which includes retail and dining options in addition to a Publix supermarket. First move-ins are anticipated for summer 2023.

“The Village at Sherrills Ford will quickly become one of the most sought-after locales in the area, and we’re excited to be a part of it,” said Scott Herr, president of single-family rentals in the Southeast for Mill Creek Residential. “The area has exhibited strong household growth in recent years, yet is light with regard to purpose-built single-family-rental offerings. We believe this is a fantastic opportunity to help address the area’s need for quality housing and help kick-start a new neighborhood, and we are eager to offer a best-in-class experience to our residents.”

Amavi Sherrills Ford will sit along State Highway 150 and will be approximately 12 miles west of Mooresville, N.C., which is home to Amavi MooresvilleMill Creek’s first single-family, build-to-rent development, which broke ground earlier this yearAmavi Sherrills Ford will provide convenient access to the Lake Norman Region, with Lake Norman State Park within a 20-minute drive. The park provides an abundance of recreational opportunities, including hiking, fishing, camping and mountain biking. Additionally, the community site is within a 20-minute drive of Cornelius and within 25 minutes of Huntersville.

Amavi Sherrill Ford’s cottage homes will feature a variety of two- and three-bedroom homes. The two-bedroom homes will measure 962 square feet and the three-bedroom homes will contain 1,236 square feet.

Community amenities will consist of a clubhouse and leasing office, swimming pool and cabana, outdoor barbecue and gathering areas, playground, pet park, open green space and walking trails. The community will also feature modern streetscapes and aesthetically manicured common areas. Home interiors will be delivered with a variety of features and finishes, including stainless steel appliances, wood plank-style flooring, kitchen islands, granite countertops and ceiling fans.

Amavi Sherrills Ford will offer conventional leasing teams and maintenance teams, as well as offer prospective residents the option to take self-guided tours of the homes. The experience will be tailored to the customer’s desired experience, including the option of a fully contactless leasing and move-in experience, all backed by Mill Creek’s Peace of Mind service guarantees.

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