Lakeside Property

Mill Creek Pronounces Groundbreaking of Modera Lake Merritt

OAKLAND, Calif., Sept. 11, 2019 /PRNewswire/ — Mill Creek Residential, a number one multifamily investor and operator specializing in premier condominium communities throughout the U.S., in the present day introduced the groundbreaking of Modera Lake Merritt, a luxurious mixed-use neighborhood in Oakland’s thriving Uptown neighborhood.” data-reactid=”12″>OAKLAND, Calif., Sept. 11, 2019 /PRNewswire/ — Mill Creek Residential, a number one multifamily investor and operator specializing in premier condominium communities throughout the U.S., in the present day introduced the groundbreaking of Modera Lake Merritt, a luxurious mixed-use neighborhood in Oakland’s thriving Uptown neighborhood.

Downtown Oakland, Modera Lake Merritt will include 173 condominium houses and 1,650 sq. toes of ground-floor retail area. The positioning additionally includes a near-perfect Stroll Rating of 99 and is inside shut proximity to most of the metropolis’s most fascinating retail, eating and leisure choices. First move-ins are anticipated for late 2021.” data-reactid=”24″>Located one block from Lake Merritt, a scenic lake and parkland simply east of Downtown Oakland, Modera Lake Merritt will include 173 condominium houses and 1,650 sq. toes of ground-floor retail area. The positioning additionally includes a near-perfect Stroll Rating of 99 and is inside shut proximity to most of the metropolis’s most fascinating retail, eating and leisure choices. First move-ins are anticipated for late 2021.

Dave Fiore, managing director of improvement for Northern California for Mill Creek Residential. “Residents of Modera Lake Merritt will get the most effective of each worlds, as they’re going to be inside steps of every part the town has to supply whereas additionally having the tranquility of the lake of their yard. We look ahead to constructing a neighborhood that captures the essence of each.”” data-reactid=”25″>”Uptown Oakland has blossomed into one of many Bay Space’s most interesting leisure districts, and it presents slightly little bit of every part, together with arts and cultural choices and distinctive eating places and bars,” mentioned Dave Fiore, managing director of improvement for Northern California for Mill Creek Residential. “Residents of Modera Lake Merritt will get the most effective of each worlds, as they’re going to be inside steps of every part the town has to supply whereas additionally having the tranquility of the lake of their yard. We look ahead to constructing a neighborhood that captures the essence of each.”

Situated at 1940 Webster Road, the neighborhood shall be positioned on the northwest facet of Lake Merritt and supply one of the vital riveting city lakefront views within the nation. Residents shall be inside steps of 75 acres of open area and greater than three miles of lakefront pathway.

Modera Lake Merritt can even sit two blocks from a BART commuter station and inside blocks of the Lake Merritt Workplace District, which incorporates 400,000 sq. toes of redeveloped workplace area anchored by Sq., a flourishing monetary tech providers firm. Town’s wonderful job market additionally contains Oracle, Pandora Media and Kaiser Permanente.

Modera Lake Merritt will supply studio, one- and two-bedroom houses with a mean sq. footage of 710. The neighborhood design will include seven ranges of residential houses above ground-floor retail area and one stage of subterranean parking.

Group facilities will embody a shocking rooftop deck with fireplace pits, barbecue grills and sweeping downtown views, a resident clubhouse, club-quality health heart with a yoga studio, an automatic package deal room and bike storage.

Residence interiors will ship quite a lot of high-end options and finishes, together with stainless-steel KitchenAid® home equipment and gasoline ranges, quartz counter tops, customized cabinetry, Kohler plumbing fixtures, in-home washers and dryers, floor-to-ceiling home windows and nine-foot ceilings. Choose houses embody a signature boutique choice.

Mill Creek’s second neighborhood underneath building in Oakland, becoming a member of Modera Jack London Sq.. The latter lately started preleasing houses at 378 Embarcadero West and can welcome first residents later this yr. ” data-reactid=”31″>Modera Lake Merritt is Mill Creek’s second neighborhood underneath building in Oakland, becoming a member of Modera Jack London Sq.. The latter lately started preleasing houses at 378 Embarcadero West and can welcome first residents later this yr. 

america. Mill Creek is constructing its portfolio in most of the nation’s most fascinating condominium markets in Seattle, Portland, the San Francisco Bay space, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Nashville, Charlotte, Raleigh, Washington, D.C., New Jersey, New York, and Boston. As of June 30, 2019, the corporate’s portfolio includes of 75 communities representing over 19,800 condominium houses which might be working and/or underneath building. For extra data, please go to www.MillCreekPlaces.com.” data-reactid=”32″>About Mill Creek Residential
Mill Creek Residential Belief LLC is a nationwide multifamily firm targeted on the event, acquisition and operation of condominium communities in focused markets nationwide. The corporate proactively pursues improvement, acquisition and building alternatives by its seasoned staff of actual property professionals in 16 workplaces throughout america. Mill Creek is constructing its portfolio in most of the nation’s most fascinating condominium markets in Seattle, Portland, the San Francisco Bay space, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Nashville, Charlotte, Raleigh, Washington, D.C., New Jersey, New York, and Boston. As of June 30, 2019, the corporate’s portfolio includes of 75 communities representing over 19,800 condominium houses which might be working and/or underneath building. For extra data, please go to www.MillCreekPlaces.com.

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