CELINA, Texas, March 9, 2022 /PRNewswire/ -- Mill Creek
Residential, a leading developer, operator and investment manager
specializing in premier rental communities across the U.S., today
announced it has broken ground on Amavi
Celina, a single-family, build-to-rent community in the
fastest-growing city in North
Texas. The 45-acre development, situated about 40 miles
north of Downtown Dallas, will
mark Mill Creek's initial
single-family rental community within Texas.
The 271-home community will feature a combination of cottages,
townhomes and single-family detached homes. The 155 cottages will
primarily consist of detached homes with one-, two- and
three-bedroom layouts, all with 10-foot private backyards and
surface parking. The 94 townhomes will feature three-bedroom
layouts with covered back porches, two-car attached garages and
large backyards. The 22 single-family detached homes will all have
four bedrooms, two-car attached garages and oversized back yards.
First move-ins are anticipated for fall 2023.
"Celina has outpaced nearby Frisco in growth in recent years and is
continuing to become one of the most sought-after living
destinations in North Texas," said
Callum Parrott, president of
single-family rentals for Mill Creek Residential. "We are
strategically targeting locales such as Celina that exhibit strong
characteristics for single-family rental demand, and we are eager
to join the area and help address the increasing need for quality
rental living options. With Amavi
Celina, we will create a best-in-class experience through
thoughtful community design, high-quality construction, extensive
amenities and our award-winning in-house management
company."
Amavi Celina is being developed
on the southeast corner of Coit Road and Choate Parkway,
approximately one mile east of Preston Road with quick access to
the Dallas North Tollway, Highway 380 and several major employment
centers. The site is less than one mile south of the new Collin
County Outer Loop, which will further connect the Dallas North
Tollway with key arteries U.S. 75 and State Highway 121.
Community amenities will include a 3,000-square-foot clubhouse
and leasing office at the primary entrance and a large swimming
pool and deck area. Additional common-area attractions will include
a fitness center, dog park, playground and more than 1.1 miles of
onsite trails that lead into Celina's larger trail system. The
community will also feature contemporary streetscapes and
aesthetically manicured common areas.
Home interiors will include a variety of features and finishes,
including stainless steel appliances, wood plank-style flooring,
kitchen islands, granite countertops and ceiling fans. The
community will feature a conventional onsite leasing and
maintenance team and also offer prospective residents the option to
take self-guided tours of the homes. The leasing process will be
tailored to the prospective resident's desired experience,
including the option for a fully contactless leasing and move-in,
all backed by Mill Creek's Peace
of Mind service guarantees.
About Mill Creek Residential
Mill Creek Residential
Trust LLC is a national rental housing company focused on the
development, acquisition and operation of both multifamily and
build-to-rent single-family 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 December 31, 2021, the
company's portfolio is comprised of 119 communities representing
over 32,500 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
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SOURCE Mill Creek Residential