Mill Creek Announces Start of Preleasing at Modera Jackson Apartments

Development Community Adds 160 Luxury Apartment Homes Near Downtown Seattle

News provided by

Sep 27, 2018, 12:00 ET

SEATTLE, Sept. 27, 2018 /PRNewswire/ -- Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the start of preleasing at Modera Jackson, a mixed-use apartment community located immediately southeast of downtown Seattle.

The community, which features 160 apartment homes and more than 8,000 square feet of retail space, is situated on the border of the Atlantic and Squire Park neighborhoods and within a short distance of Seattle's vintage nightlife, art, and culinary scenes. The retail space will feature various local businesses that will help serve the vibrant neighborhood. Developed with a thoughtful urban style that offers panoramic views from Mt. Rainier to the Olympic Mountains and the full city skyline, Modera Jackson will welcome its first residents in October.

"Seattle is brimming with a wide variety of cultural and entertainment options, and Modera Jackson is positioned to take advantage of it all," said Sean Hyatt, senior managing director of development for Seattle for Mill Creek Residential. "We're thrilled to present another premier community to a location where our residents will have downtown conveniences at their fingertips, but also can enjoy a neighborhood feel away from the noise and congestion when they're home."

Situated at 1801 S. Jackson Street, the community is within walking distance of the recently added First Hill line of the Seattle Streetcar. The line is three stops from Pioneer Square and four stops from the Pike/Pine Triangle, which each offer a multitude of nightlife options and direct access to hundreds of thousands of jobs. By 2020, the streetcar will offer single-trip access through Downtown Seattle and other key locales throughout the city.

Modera Jackson consists of studio, one-, two-, and three-bedroom homes with an average size of about 720 square feet. As part of the Multifamily Tax Exemption Program (MFTE), 20 percent of the homes are designated for qualified income- and rent-restricted individuals. By supporting mixed-income residential development in urban centers, the program helps ensure affordability as Seattle continues to grow.

Community amenities include a roof deck with stunning regional views, a rooftop clubroom, state-of-the-art fitness studio, posh theater/media room, expansive courtyard and collaborative meeting and flex-work facilities. Home interiors include quartz countertops with under-mount sinks, stainless-steel appliances, plank flooring throughout, and high-end cabinetry. Select homes will be equipped with Juliette balconies, direct patio access with sliding doors, and expansive windows.

Many facets of Seattle's booming employment sector surround Modera Jackson residents. The community is within a mile of the city's Central Business District, home to more than 40 million square feet of office, and within a mile of First Hill's vast medical, healthcare and research facilities. Swedish Hospital's Cherry Hill campus is seven blocks from the community and nearby South Lake Union is home to Amazon's main campus.

The community also boasts prime access to the International District, Capitol Hill, and First Hill's wide variety of dining and shopping options. Interstate 90, which connects Mercer Island and the Eastside (home to Microsoft, Costco and T-Mobile headquarters), also is within a short drive of the community.

Modera Jackson is Mill Creek's fifth community in the Seattle area. Others include Modera South Lake Union, Modera Capitol Hill, and Skye at Belltown.

To inquire about available retail space, please contact Tiffani Connell, managing broker of West Coast Commercial Realty. She can be reached at 206-462-6598 (office), 206-854-1925 (mobile) or [email protected].

About Mill Creek Residential
Mill Creek Residential Trust LLC is a national multifamily company focused on the development, acquisition and operation of apartment communities in targeted markets nationwide. The company proactively pursues development, acquisition and construction opportunities through its seasoned team of real estate professionals in 14 offices across the United States. Mill Creek is building its portfolio in many of the nation's most desirable apartment markets in Seattle, Portland, the San Francisco Bay area, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Washington, D.C., New Jersey, New York, and Boston. As of June 30, 2018, the company's portfolio comprises of 74 communities representing over 20,250 apartment homes that are operating and/or under construction. For more information, please visit www.MillCreekPlaces.com.