Multifamily housing developer Mill Creek Residential’s Atlanta footprint just keeps growing.
The company already counts Modera by Mill Creek apartment communities in Midtown, Sandy Spring, and Vinings, with two more on the way in Buckhead.
Now, another Modera complex is officially on the rise in Reynoldstown, along booming Memorial Drive, Mill Creek reps tell Curbed Atlanta.
An under-the-radar groundbreaking kicked off what’s set to be a five-story, 320-unit apartment community, replete with more than 18,000 square feet of street-level retail and the amenities Atlanta renters have come to expect.
Plus, a speakeasy.
Mill Creek officials said in a press release they expect to start pre-leasing in summer of 2020, when prospective tenants will be able to pick between studios, one-, two-, or three-bedroom dwellings. (Prices have yet to be announced).
Modera Reynoldstown is being developed in the 700 block of ever-evolving Memorial Drive, in the heart of the neighborhood, according to Mike Greene, Mill Creek’s vice president of development.
“The new community will be walking distance from the Beltline, King Memorial MARTA Station, and a number of historical attractions—and [it] also sits just off I-20, making anywhere in the city convenient,” he said in a prepared statement.
Each contemporary-style apartment is expected to flaunt “trend-forward quartz countertops, oversized windows to maximize natural light, and luxury vinyl plank flooring,” according to the release.
Certain units will come with private rooftop terraces.
“The more community-centric amenities for Modera Reynoldstown residents will include a serene coworking lounge, sunken living room, package concierge, and coffee bar on the main floor, in addition to a second-floor fitness studio, yoga room, and spin mezzanine,” according to the release.
And then there’s the second-floor lounge, which would also offer a secret speakeasy tucked behind an unassuming pivot door, as well as a patio “with a movie wall,” and shipping container reimagined as a bar.
On the roof, expect another lounge—this one poolside—near a grilling, drinking, and dining area.
Additionally, Mill Creek is aiming to deck the community’s walls with local artwork, “ranging from custom murals to commissioned pieces from artists from or based in East Atlanta.” (Modera Midtown boasts a massive Greg Mike mural on its exterior.)
The investment speaks to Reynoldstown’s significant residential and commercial growth over recent years. Other projects include Moda Reynoldstown (cheap-ish townhomes) and The Heritage on Memorial (not-so-cheap townhomes).
Modera Reynoldstown is slated to finish two years from this month.