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 Mooresville, Mill Creek’s first single-family, build-to-rent development, which broke ground earlier this year. Amavi 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.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Old Ivy, a luxury apartment community located in the thriving Buckhead neighborhood.
The community, which features 394 apartment homes, is encompassed within a midrise and high-rise tower and sits at the corner of Lenox Road and Piedmont Road. Modera Old Ivy is part of a wider master development that includes the existing Prominence office building and an Element Marriott. First move-ins are anticipated for early June.
“This area of Buckhead is one of the city’s most well-established commercial districts, and we look forward to adding to our presence in the area,” said Patrick Chesser, senior managing director of development in Atlanta for Mill Creek Residential. “Residents will be within Atlanta’s most prominent retail and financial corridors and will have direct access to an abundance of retail, dining and entertainment options. Modera Old Ivy will be a unique product offering in the area, and we’re eager to deliver a top-of-market experience.”
Situated at 3651 Lenox Road, Modera Old Ivy is built to a National Green Building Standard Gold certification level and features high-end finishes and a refined suite of amenities. Residents will be positioned in a commuter-friendly locale with the community sitting less than a half-mile from the MARTA rail, 500 feet from a bus stop and a quarter-mile from the Georgia 400 freeway. The prominent job centers in Downtown Atlanta and Sandy Springs are less than 10 minutes away. Additionally, the world-class retail options of Phipps Plaza, Lenox Square and The Shops at Buckhead are all less than a mile from the community.
Modera Old Ivy consists of studio, one-, two- and three-bedroom homes with various layouts. Community amenities include a 24-hour club-quality fitness studio, clubhouse, community-wide WiFi, demonstration kitchen, game room, rooftop deck, two pools including one rooftop pool, sauna, steam room, grilling area with outdoor dining, fire pit, coffee bar, library lounge with a reading terrace and landscaped courtyards. Residents will also have access to secured parking in a private garage with reserved parking and electric vehicle charging stations available, controlled guest-access technology, package lockers, dedicated bike storage, resident storage lockers and concierge services.
Apartment interiors include nine-foot ceilings, wood plank-style flooring, private balconies, built-in desks and shelves, quartz countertops, stainless steel appliances, upgraded fixtures, pendant and under-cabinet lighting, tile backsplashes, kitchen islands, walk-in closets, smart thermostats, ceiling fans and in-home washers and dryers. Bathrooms are delivered with tile surrounds and linen closets. Residents will be able to access the homes via key fob and mobile app entry.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced that move-ins are underway at Modera Lake Merritt, a luxury mixed-use community in Oakland’s eclectic Uptown neighborhood.
The community, which sits one block west of Lake Merritt, features 173 apartment homes and 1,650 square feet of ground-floor retail space. Located in the Oakland Art District and within walking distance to both Uptown and Downtown Oakland, the site boasts a world-class Walk Score of 99 and puts residents within steps of the city’s most prominent retail, dining and entertainment options.
“Residents will have no difficulties striking an ideal life balance with the energy of the city to one side and the serenity of the lake and open space on the other,” said Mike Kim, senior managing director of development for Northern California for Mill Creek Residential. “We’re eager to welcome our first residents to Modera Lake Merritt, which is one of the most desirable locales in the city and will offer a boutique feel. Our property management team is excited to offer best-in-class living experience to match the stellar location.”
Situated at 1940 Webster Street, Modera Lake Merritt is positioned in an arts-centric district surrounded by culturally infused attractions such as art galleries, specialty shops and live music venues. The community is on the northwest side of Lake Merritt, a scenic lake and parkland. The lake has been recognized as one of the most captivating and amenitized urban lakes in the nation. Residents will have near-immediate access to 75 acres of open and programmed space and more than three miles of lakefront pathway.
The community is also positioned two blocks from a BART commuter train station and within blocks of the Lake Merritt Office District. The district includes 400,000 square feet of redeveloped office space and is anchored by Square, a financial tech services company. Other easily walkable prominent employers include Oracle, Pandora Media and Kaiser Permanente.
Modera Lake Merritt consists of six levels of residential homes above the ground-floor retail space and lobby. The community offers studio, one- and two-bedroom homes with an average square footage of 710. A rooftop deck with fire pits, barbecue grills and sweeping downtown views highlights the community amenities. Other common-area attractions include an outdoor rooftop kitchen and dining area, an expansive resident clubhouse and a club-quality fitness center with cardio stations, yoga studio and ballet barre. Residents will also have access to a digital package room, dedicated bike storage, Wi-Fi in common areas and controlled-access subterranean parking.
Apartment homes include two distinct color themes and floor-to-ceiling windows for ample natural light. In-home features include nine-foot ceilings, stainless-steel Energy Star appliances, wood plank-style flooring, quartz countertops, custom cabinetry with under-cabinet lighting, gas ranges, tile backsplashes, in-home washers and dryers and soaking tubs with tile surrounds. Select homes will have breakfast bars in the kitchens, oversized closets and floor-to-ceiling tile shower surrounds.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Creative Village, a contemporary mixed-use apartment community in the emerging Creative Village district of Downtown Orlando.
The eight-story midrise, which includes 292 apartment homes and approximately 10,000 square feet of ground-floor retail, sits adjacent to newly built Luminary Park and is part of a master development effort to transform the former Amway Arena area into a vibrant, multidimensional mixed-use destination. Move-ins will begin on May 19.
“We’re excited to be a part of an up-and-coming neighborhood that has immediately become one of the most attractive destinations in the city,” said Damon Kolb, managing director of development in North Florida for Mill Creek Residential. “We’re prepared to offer a vibrant living experience that will match the charismatic area, and we’re eager to welcome our first resident base to this smart and sophisticated community.”
Situated at 505 Chatham Avenue, Modera Creative Village is minutes from popular Lake Eola Park and within one block of Valencia College and the University of Central Florida’s downtown campus. The community also is within walking distance of Exploria Stadium, Lynx Central Station and is conveniently located next to Interstate 4, one of the area’s primary thoroughfares. The site boasts a Walk Score of 80—considered “very walkable”—and is labeled a biker’s paradise with a superb Bike Score of 90.
Residents will have access to a wide variety of attractions within Downtown Orlando, including a diverse range of museums, restaurants, boutique shops, nightlife options and public parks. This includes Bob Carr Theatre, Dr. Phillips Performing Arts Center, several art galleries and a thriving employment sector anchored by the region’s top employers and healthcare facilities.
Modera Creative Village offers studio, one-, two- and three-bedroom homes with various layouts and design elements. Community amenities include a resort-style pool with fire pit and outdoor games, social lounge with HDTV, club-quality 24-hour fitness center with cardio and weight stations, Echelon mirrors, expansive clubroom, pet spa, outdoor courtyards and an outdoor chef-inspired kitchen with a dining area. Residents will also have access to co-working spaces with multiple seating areas, digital package lockers, dedicated bike storage, controlled guest access and electric vehicle charging stations.
Apartment interiors are equipped with two distinct color themes, 42-inch custom cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, plank-style flooring, stackable washers and dryers, designer fixtures, smart thermostats and backlit bathroom mirrors. Select homes will include movable kitchen islands.
Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced it has hired Mike Kim as senior managing director in Northern California. Kim will oversee Mill Creek’s development activities in Northern California, including San Francisco, Oakland and Silicon Valley.
The addition of Kim, is emblematic of Mill Creek’s continued growth and commitment to developing best-in-class rental communities in key markets across the nation.
“Few are as experienced in the Bay Area real estate sector as Mike, and we’re tremendously excited to welcome him to our team,” said Sean Hyatt, executive managing director of development for Mill Creek Residential. “His familiarity with the area, coupled with his proven track record and results-driven approach, make him an ideal fit for this role and we’re eager to add his expertise to our Northern California operation. We’re confident that any development activity in the area will be under extremely capable leadership.”
Kim has extensive experience in the greater Bay Area, having overseen the development and construction of mixed-use multifamily communities and commercial developments in the region with an aggregate value of more than $2.2 billion.
Kim previously served as senior vice president for Lendlease Google Development Venture, where he led all aspects of the development process in two major Silicon Valley districts. Prior to Lendlease, he served as SIMEON’s chief investment officer for 12 years, where he led the firm's multifamily and commercial development activities in the Bay Area. His experience includes key roles in complex urban developments across all product types, including high-rise, horizontal and vertical mixed-use, master-planned and commercial developments.
Prior to his career in real estate, Kim served as a Naval Officer leading maritime missions and expeditions across the globe. Kim is a graduate of the U.S. Naval Academy, and also holds a Master’s Degree in Urban Planning and Development from the University of Southern California. He remains active in the East Bay community and has served on various boards, including the Graduate Theological Union in Berkeley, the NAIOP San Francisco chapter and several municipal advisory councils.
“I’m excited to be a part of the Mill Creek family and lead our development efforts in the Bay Area, which continues to offer extremely high upside,” Kim said. “While we’ll continue to seek opportunities in the area, we’ll do so with a measured, disciplined approach and make certain that we’re being a good neighbor and steward of the environment in the process.”
Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the upcoming additions of three new restaurants from Happy Endings Hospitality (HEH) Group to Founders Row, a luxury mixed-use community situated in the heart of Falls Church.
Founders Row, located at the intersection of West Broad and North West Streets approximately 10 miles west of Washington, D.C., has signed leases with Chasin’ Tails, Nue and Roll Play Vietnamese Grill, three distinct restaurants that will share the same kitchen. The three-in-one concept will occupy approximately 7,500 square feet of retail space, and each will feature ample outdoor seating. This accompanies the prior announcement of Ellie Bird, from Michelin-star award-winning chefs Carey and Yuan Tang. All four restaurants are scheduled to open in early fall 2022.
“We have taken a disciplined approach in selecting high-quality retail tenants for Founders Row, and the HEH Group certainly meets and exceeds those high standards,” said Joe Muffler, managing director of development for Mill Creek Residential. “We are eager to welcome these three restaurants to the community and are enamored by the creative three-in-one concept. We believe these restaurants, in conjunction with others soon to join the retail landscape, will elevate the Founders Row experience and complement our initial vision for the development.”
The three-in-one model of Chasin’ Tails, Nue and Roll Play Vietnamese Grill is a unique and inventive concept, and each restaurant will have its own storefront and front of house. Founders Row represents an opportunity for HEH Group to kick-start a rebranded “2.0-version” of its restaurant offerings.
Chasin' Tails will offer fresh, authentic Cajun cuisine served in family-style fashion, and will be relocating from its current location in Arlington, which borders Falls Church to the east. Nue will serve as an upscale-but-casual Vietnamese kitchen and bar, and Roll Play Vietnamese Grill will offer a fast-casual dining experience that reinvents traditional healthy-and-fresh Vietnamese cuisine.
“We’re thrilled for the opportunity bring our signature brand of creative Asian food recipes and warm hospitality to Falls Church,” said Tuyet-Nhi Le, co-owner and chief creative officer of HEH Group. “While our guests can anticipate a vintage HEH experience, each of our restaurants will be unique in their own right and each will offer something a little different. We’re eager to create a unique, contemporary ambience at each location and join the vibrant scene at Founders Row.”
Founders Row, which features approximately 80,000 square feet of retail space overall, includes Modera Founders Row, containing 322 market-rate apartment homes and a wide variety of contemporary amenities, along with Verso Founders Row, a distinct 72-home age-restricted community dedicated to individuals 55 years and older.
