CHARLOTTE, N.C., Jan. 10, 2022 /PRNewswire/ -- 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 SouthPark, a luxury apartment community
located in SouthPark.
The midrise community, which will feature 239 contemporary
apartment homes contained within twin buildings, will be located
within one mile of more than 65 restaurants, 1,200 hotel rooms and
ample entertainment and nightlife opportunities. That includes the
attractions contained within the highly sought-after shopping
destinations of SouthPark mall and Phillips
Place.
Mill Creek is partnering with
Hawthorne Residential Partners on the development, and first
move-ins are anticipated for Spring of 2024.
"SouthPark remains one of the most attractive living, dining,
and shopping destinations not only in Charlotte, but in the Southeast," said
Alex Eyssen, senior managing
director for Mill Creek Residential. "SouthPark offers its
residents unique lifestyle offerings, and this final piece
completes a master-planned development. We look forward to
welcoming our future residents with a top-of-market experience in
our first Modera community in the Carolinas."
Situated at 7740 and 7741 Liberty Row Drive, the community will
be located on "The Loop" – a planned three-mile urban bicycle and
pedestrian trail. The immediate area features The Barclay at
SouthPark, a 308-unit Continuing Care Retirement Community, and the
150-room Canopy by Hilton Charlotte SouthPark hotel, which marked
the first Canopy by Hilton in North
Carolina.
"We're excited to partner on Mill
Creek's first ground-up development in the Carolinas, and we
believe the SouthPark location is primed for growth and an ideal
setting for the next Modera community," said Phil Payonk, Hawthorne Residential Partners'
Principal and Chief Investment Officer. "Once complete, the area
will be a true lifestyle destination for residents and visitors
alike, and we look forward to being a key part of it in one of
Charlotte's most established
locales."
Modera SouthPark will offer studio, one-, two- and three-bedroom
homes with an average square footage of 1,100. Community amenities
will include a club-quality fitness center, clubrooms, resort-style
pool, four distinct courtyards, golf simulator and a secured
parking garage with electric vehicle charging stations.
Apartment interiors will include a choice of two designer
kitchen finishes, stainless steel appliances, quartz countertops,
tile backsplashes, hardwood-inspired flooring, upgraded fixtures
and cabinet pulls, designer lighting, spacious bedrooms and
oversized chef-inspired kitchen islands. The community will also
offer ample private storage, shared coworking areas and private
furnished offices.
Modera SouthPark will mark Mill
Creek's first ground-up development in Charlotte and second community overall. It
will join Alister Uptown, a boutique community located at 810 E.
7th Street.
About Mill Creek Residential
Mill Creek Residential
Trust LLC is a national rental housing company focused on the
development, acquisition and operation of rental communities in
targeted markets nationwide. The national company, headquartered in
Boca Raton, Florida proactively
develops, acquires, constructs and operates communities through its
seasoned team of real estate professionals in offices across
the United States. Mill Creek is building its portfolio in many
of the nation's most desirable markets in Seattle, Portland, the San Francisco Bay area,
Southern California, Phoenix, Denver, Dallas, Austin, Houston, South
Florida, Tampa,
Orlando, Atlanta, Nashville, Charlotte, Raleigh, Washington,
D.C., New Jersey,
New York, and Boston. As of September 30, 2021, the
company's portfolio is comprised of 111 communities representing
over 30,500 rental homes that are operating and/or under
construction. For more information, please visit
www.MillCreekPlaces.com.
Media Contact
Stephen
Ursery
LinnellTaylor Marketing
stephen@linnelltaylor.com
303.682.3945
About Hawthorne Residential Partners
Hawthorne
Residential Partners is a fully integrated, multifamily investment,
management, and development firm. Headquartered in Greensboro, NC, Hawthorne manages over 165 communities and
40,000 units across eight states in the Southeast and Texas. Hawthorne has a robust investment and
management platform, operating a portfolio valued over $8B. The company was founded in 2009 based on the
"live It" difference — a daily commitment to go above and beyond
for associates, partners, and the thousands of individuals that are
proud to call a Hawthorne
community home. To learn more, visit www.hrpliving.com.
Media Contact
For Hawthorne Residential Partners
Allison Weber, Sr. Director of
Marketing
Hawthorne Residential Partners
aweber@hrpliving.com
336.275.9511
View original content to download
multimedia:https://www.prnewswire.com/news-releases/mill-creek-announces-groundbreaking-of-modera-southpark-301456725.html
SOURCE Mill Creek Residential