Mill Creek Announces Start of Preleasing at Modera West LA Apartments

New Development to Add 375 Apartment Homes to Tech-Savvy Neighborhood

News provided by

Feb 13, 2018, 06:10 ET

LOS ANGELES, Feb. 13, 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 West LA, a luxury apartment community located at the Howard Hughes Center in Los Angeles.

The community features 375 apartment homes and is within walking distance of the Howard Hughes Center, an urban development consisting of 1.8 million square feet of developed Class A office, retail, entertainment and sports club space. Located on Center Drive directly south of Interstate 405, the community offers residents expedient access to Downtown Los Angeles, Marina del Rey, Culver City and the booming Playa Vista, home to many technology giants.

"The technology boom has migrated south, and Modera West LA is right in the center of Silicon Beach," said Samuel Simone, senior managing director of Southern California for Mill Creek Residential. "From our walkable location at the vibrant Howard Hughes Center, one can walk to entertainment, dining and shopping destinations while also enjoying expedient access to the area's tech hubs. With the 405, 90 and 10 freeways all within a short drive, residents will have connectivity to professional opportunities throughout the metropolitan area."

The educated, affluent submarket is home to more than 300,000 jobs spanning approximately 28,000 businesses within a five-mile radius of the community, including Google, Facebook and many startup companies in adjacent Playa Vista. Many prominent companies are within walking distance of the community, including Sony Corporation, Univision, Heavy Iron Studios, GameFly, and the West LA Graduate campus of Pepperdine University, where approximately 1,000 students are enrolled.

Situated at 5901 and 5921 Center Drive, Modera West LA residents will have near-immediate access to a multitude of services, all while remaining a quick drive from Southern California's coast and its contingent of beaches. The neighborhood features a Trader Joe's, Whole Foods and Gelson's supermarket within a short drive from the community. To the west, Venice Beach, Santa Monica, Marina del Rey and Manhattan Beach all are less than 10 miles from the community.

Residents will also have vast entertainment and nightlife options at their doorsteps, including Cinemark 18 & XD Theater. The Howard Hughes Center is home to Stabucks, Dave & Buster's and Kabuki Japanese Restaurant among several other local and national cuisine possibilities. Additional shops and restaurants are soon to come as the center undergoes renovation.

Modera West LA will consist of studio 1-, 2- and 3-bedroom apartment homes with loft options available. Community amenities include a state-of-the-art, 24-hour fitness center, resort-inspired pool, self-serve package lockers, dog wash, dog run, clubhouse, game room, rooftop decks, barbecue areas, small and large conference rooms and a media/gaming room.

Apartment interiors are equipped with stainless steel appliances, wood-plank flooring throughout, marble-like countertops, custom cabinetry, custom movable kitchen islands and full-size washers and dryers in each home. Select homes offer premium specifications that include upgraded appliances and backsplashes, tile tub surrounds, frosted upper cabinet doors, upgraded plumbing fixtures, etc. First homes will be delivered in the spring of 2018.

Including Modera West LA, Mill Creek has developed, began development and acquired seven apartment communities in the Southern California area. Others include Modera Glendale, The Griffith, Modera East Village, Modera Hollywood and Alister Sherman Oaks.

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 Sept. 30, 2017, the company's portfolio comprises 72 communities representing over 19,200 apartment homes that are operating and/or under construction. For more information, please visit www.MillCreekPlaces.com.