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 Lacey, a garden-style community spanning 26 acres in suburban Olympia. 

Modera Lacey, which features 362 apartment homes across 14 residential buildings and eight carriage buildings, sits upon an expansive backdrop of aesthetically manicured open space and numerous walking paths. 

“Lacey is becoming an increasingly desirable submarket for renters as the South Sound market continues to gain popularity,” said Steve Yoon, senior managing director of development in Seattle for Mill Creek Residential. “The combination of a strong employment sector, emerging population and a quieter, more scenic experience than the big city is appealing to many modern renters, and we believe Modera Lacey will quickly become a best-in-class option. We look forward to welcoming our first residents to this unique community.” 

Lacey is located approximately 60 miles south of Seattle along Interstate 5, between Olympia and Tacoma, and on the western edge of the Cascade Mountains. The city features high-performing schools, abundant neighborhood retail, hiking and biking trails, densely forested parklands and a nearby 3,700-acre wildlife refuge. 

Situated at 5501 15th Ave NE, Modera Lacey will place residents within two miles of multiple shopping centers and big-box retailers such as Target, Home Depot, Safeway and Costco. The community is also within a quick commute of some of the area’s most prominent employers, including Joint Base Lewis-McChord, which employs between 30,000 and 40,000 servicemembers and provides 34,000 civilian jobs.

Modera Lacey offers spacious studio, one-, two- and three-bedroom apartment homes with an average size of 893 square feet. Community amenities include onsite walking trails, a resident clubhouse, coworking spaces, an outdoor swimming pool, hot tub, game room, theater room, coffee bar, onsite dog park, pet spa, two playgrounds and an outdoor deck with picnic tables and barbecue area. Residents also have access to private garages, an indoor basketball court, digital package lockers, onsite carports, dedicated bike storage, additional storage options and a state-of-the-art fitness center with cardio equipment, individual TVs and a Yoga/CrossFit studio. 

Apartment interiors are equipped with wood plank-style flooring, stainless steel appliances, quartz countertops, custom cabinetry, upgraded fixtures, pendant lighting, large bedroom closets, private patios or balconies, and select homes offer vaulted ceilings.

Modera Lacey marks Mill Creek’s first development in the Thurston County submarket, although the company has developed several communities in Puget Sound.

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 Lacey, a garden-style community spanning 26 acres in suburban Olympia. 

Modera Lacey, which features 362 apartment homes across 14 residential buildings and eight carriage buildings, sits upon an expansive backdrop of aesthetically manicured open space and numerous walking paths. 

“Lacey is becoming an increasingly desirable submarket for renters as the South Sound market continues to gain popularity,” said Steve Yoon, senior managing director of development in Seattle for Mill Creek Residential. “The combination of a strong employment sector, emerging population and a quieter, more scenic experience than the big city is appealing to many modern renters, and we believe Modera Lacey will quickly become a best-in-class option. We look forward to welcoming our first residents to this unique community.” 

Lacey is located approximately 60 miles south of Seattle along Interstate 5, between Olympia and Tacoma, and on the western edge of the Cascade Mountains. The city features high-performing schools, abundant neighborhood retail, hiking and biking trails, densely forested parklands and a nearby 3,700-acre wildlife refuge. 

Situated at 5501 15th Ave NE, Modera Lacey will place residents within two miles of multiple shopping centers and big-box retailers such as Target, Home Depot, Safeway and Costco. The community is also within a quick commute of some of the area’s most prominent employers, including Joint Base Lewis-McChord, which employs between 30,000 and 40,000 servicemembers and provides 34,000 civilian jobs.

Modera Lacey offers spacious studio, one-, two- and three-bedroom apartment homes with an average size of 893 square feet. Community amenities include onsite walking trails, a resident clubhouse, coworking spaces, an outdoor swimming pool, hot tub, game room, theater room, coffee bar, onsite dog park, pet spa, two playgrounds and an outdoor deck with picnic tables and barbecue area. Residents also have access to private garages, an indoor basketball court, digital package lockers, onsite carports, dedicated bike storage, additional storage options and a state-of-the-art fitness center with cardio equipment, individual TVs and a Yoga/CrossFit studio. 

Apartment interiors are equipped with wood plank-style flooring, stainless steel appliances, quartz countertops, custom cabinetry, upgraded fixtures, pendant lighting, large bedroom closets, private patios or balconies, and select homes offer vaulted ceilings.

Modera Lacey marks Mill Creek’s first development in the Thurston County submarket, although the company has developed several communities in Puget Sound.

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 H Street, a contemporary apartment community located on the east end of Washington, D.C.’s notable H Street Corridor. 

Modera H Street, which will feature 325 homes and unimpeded views of Downtown Washington, D.C. and the Capitol, will offer residents an extensive collection of restaurants and some of the city’s trendiest nightlife and entertainment options. The midrise community will sit along the DC Streetcar, an above-ground trolley system which will allow residents to travel along the H Street Corridor without the need for an automobile. First move-ins at Modera H Street are anticipated for early 2025.   

“We feel extremely fortunate to have the opportunity to add to the built environment in this neighborhood,” said Peter Braunohler, managing director of development for Mill Creek Residential. “The H Street Corridor is one of the most exciting submarkets in D.C., and unique compared to many fast-growing areas in the District, because of its deep history and authentic DC energy. We look forward to offering a best-in-class product to serve as a premier housing option in this eclectic neighborhood.”

Located at 801 17th Street NE, Modera H Street sits within proximity of six grocery stores, including ALDI and Safeway—which are adjacent to the community—along with Whole Foods, Trader Joe's, Harris Teeter and Giant, all of which are within a 10-minute walk. The community is also close to the city’s key employment centers in both the public and private sectors, including tech and media companies, law firms, financial and consulting institutions, and the federal government. The site is less than 1.5 miles from Union Station, D.C.’s major train station and transportation hub.

Modera H Street will be built to meet LEED Silver standards, and will feature studio, one-, two- and three-bedroom homes. Community amenities will include a rooftop deck, outdoor swimming pool, fire pit, grilling area, landscaped courtyards, resident clubhouse, coffee bar and a club-quality fitness center with separate yoga studio. The pet-friendly community will also offer controlled-access garage parking, dedicated bike storage, additional storage options and EV-charging stations. 

Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, soft-close cabinets, under-cabinet lighting, moveable kitchen islands, in-home washers and dryers, walk-in closets and smart thermostats.

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 Overlake, a contemporary mixed-use apartment community in Eastside Seattle. 

The community, which offers 288 apartment homes and 3,600 square feet of ground-floor retail space, sits along the Redmond/Bellevue border near the Redmond Microsoft Campus. Located 13 miles east of Seattle, Modera Overlake is within a 10-minute walk from the future Overlake Village Light Rail Station, which is projected to open in 2024, and Microsoft’s world headquarters. Move-ins are scheduled for February.  

“Overlake is a charming neighborhood and uniquely positioned to provide strong connectivity to the greater Puget Sound market,” said Steve Yoon, senior managing director of development in Seattle for Mill Creek. “With its proximity to Microsoft, the area will always exhibit strong housing demand, and we're delighted to join the neighborhood and add a high-quality option for renters. We look forward to welcoming our initial resident base and providing a best-in-class experience.”

Situated at 15350 Bel-Red Road, Modera Overlake sits firmly amidst Seattle’s thriving tech center and approximately four miles southwest of 684-acre Marymoor Park. The community offers studio, one- and two-bedroom homes, including select den and townhouse layouts. An eighth-floor rooftop clubhouse with an expansive deck will provide residents with a comfortable backdrop that features panoramic views of Bellevue and Redmond. 

Additional community amenities include an outdoor plaza, spacious lobby with vaulted ceilings, conference room, coworking lounge, coffee bar, clubhouse, theater room, DIY room and a club-quality fitness center with a TRX system. Residents will also have access to dedicated bike storage, automated package lockers, a controlled-access guest system and secure resident storage in the lobby and garage areas. 

Apartment interiors include a variety of upscale features, including stainless-steel gas ranges, quartz countertops, wood-plank flooring, tile backsplashes, upgraded fixtures and roller shades. Select homes include private patios or balconies, separate dining areas, breakfast bars and walk-in closets. 

Modera Overlake marks Mill Creek’s third community in Redmond, joining Modera Redmond and Modera River Trail. Modera Redmond is located about five miles to the northeast near Bella Bottega Shopping Center and began leasing in the winter of 2019. Modera River Trail, located across the street from Redmond City Hall and one block from the Sammamish River Trail, began leasing in 2022.

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 Cherry Creek, a contemporary apartment community in one of Denver’s most prominent neighborhoods. 

The five-story community, which offers a boutique feel and features 94 apartment homes, is situated on the southeast corner of 2nd Avenue and Madison Street in the thriving and highly desirable Cherry Creek North neighborhood. Modera Cherry Creek is adjacent to a vibrant mixed-use district that includes ample high-end retail, office, hospitality and dining options. First move-ins are anticipated for February. 

“Modera Cherry Creek will cater to the renter-by-choice demographic and feature larger layouts than most Mill Creek developments,” said Scott Makee, senior managing director of development in Colorado for Mill Creek Residential. “The community will offer a luxury experience similar to renting a multimillion-dollar condo in one of the city’s most sophisticated neighborhoods. We’re excited to join the Cherry Creek market and are eager to offer an ultramodern, best-in-class living experience.”

Positioned at 180 Madison Street, Modera Cherry Creek is within two miles of the key employment core of Downtown Denver. The community is also within a short drive of Interstate 25, the city’s key north-south thoroughfare, and I-70, which provides east-west access and serves as the gateway to the Rocky Mountains. The area also includes a multitude of recreational options, including the nearby Cherry Creek Trail, one of the area’s most popular and charismatic outdoor locales. 

Additionally, the community sits within blocks of the Cherry Creek Mall, which serves as the epicenter of Denver's high-end shopping district. Neighborhood stores include Hermes, Peter Millar, Marmot, Neiman Marcus, prAna, Vineyard Vines, Bonobos and others.   

Modera Cherry Creek offers a mix of studio, one- and two-bedroom homes ranging as large as 2,044 square feet with mezzanine layouts available. Community amenities include a hotel-inspired rooftop deck with panoramic mountain and city views, outdoor kitchen, barbecue stations, fire pits, lounging areas, a fifth-floor clubroom with sky lounge and demonstration kitchen, two landscaped courtyards and a lobby equipped with a sleek fireplace, seating areas and conference room. A first-floor wellness center includes a fully equipped fitness center that offers cardio and weight stations, a TRX system and Technogym Personal Line equipment. Residents will also have access to digital package lockers and dedicated bike storage.

Apartment homes are delivered with a variety of refined features, including mezzanines, work-from-home spaces, double-height ceilings in living rooms, premium KitchenAid appliances, gas ranges, quartz countertops with waterfall edges, tile backsplashes, pendant lighting, Elfa closet organizing systems and loft areas. Bathrooms are equipped with textured tile and floating vanities. Select homes feature private balconies, private rooftop terraces, glass cabinets, wine fridges and built-in mudrooms at entry with storage and hanging systems. 

Modera Cherry Creek marks Mill Creek’s seventh ground-up development within Denver. Others are leasing, including Modera LoHi, Modera Observatory Park, Modera River North and Modera West Wash Park. Modera Golden Triangle is currently under development.

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.”