Midrise Community will add 351 homes to bustling Charlotte neighborhood
CHARLOTTE, North Carolina, August 2, 2022 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in prime rental housing in the United States, today announced that it has opened Modera LoSo, a community of luxury apartments located in the Lower South End.
The mid-rise community, which will include 351 apartments, will be located within walking distance of the LYNX Blue Line Scaleybark station and an abundance of office, retail and popular entertainment destinations. The first moves are planned for the end of 2024.
“LoSo has quickly become one of the most attractive submarkets in Charlotteand strong demand for quality housing is following suit,” said Alex Eyssen, senior general manager of 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 on the market. We look forward to getting started on this unique development and excited to be part of the neighborhood.”
Located at 3405 South Tryon Street off Clanton Road, the community has unparalleled connectivity to the South End, Uptown and Interstate 77. In the Lower South End, future residents will have access to a growing contingent of craft breweries, eclectic cafes and a wide variety of Restaurants. The neighborhood is adjacent to South End and three miles south of Uptown Charlotte, providing an abundance of additional employment and entertainment options a short drive away.
Modera LoSo is seeking NGBS Green certification at the Silver level and will offer studio, one-, two-, and three-bedroom homes with an average size of 950 square meters and various configurations available. Community amenities will include a club-quality fitness center, multiple club rooms, a resort-style swimming pool, four distinct outdoor courtyards, a sky lounge overlooking the Uptown skyline, and secure parking with charging stations for electric vehicles.
Apartment interiors will include a choice of designer kitchen finishes, stainless steel appliances, quartz countertops, tile backsplashes, hardwood-inspired floors, upgraded appliances and cabinet handles, designer lighting, keyless entry, spacious bedrooms and oversized chef-inspired kitchen islands. The community will also offer ample private storage, shared coworking spaces, private furnished offices, and community-wide Wi-Fi.
Modera LoSo will score Mill Creek’s second basic multi-family development in Charlotte and third largest multi-family community overall. It will join Alister Uptown, a boutique community at 810 E. 7th Street, and Modera SouthPark, which will welcome its first residents in 2024.
About Mill Creek Residential
Mill Creek Residential Trust LLC is a national rental housing company focused on developing, acquiring and operating rental communities in targeted markets nationwide. The national company, whose head office is in Boca Raton, Florida proactively develops, acquires, builds and operates communities through its seasoned team of real estate professionals in offices across United States. mill stream is building its portfolio in many of the country’s most sought-after markets in Seattle, Portlandthe 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 Yorkand Boston. From March 31, 2022, the company’s portfolio is made up of 117 communities representing more than 31,427 rental units in operation and/or under construction. For more information, please visit www.MillCreekPlaces.com.
SOURCE Mill Creek Residential