Mill Creek Residential Breaks Ground on Modera Melrose Community in Southern California
Mill Creek Residential, a notable player in the U.S. rental housing market, announced the commencement of construction for its latest project, Modera Melrose, located at the intersection of Oceanside Boulevard and Melrose Drive. This exciting new addition aims to enrich the already vibrant area on the border of Oceanside and Vista in San Diego's North County with 323 premium apartment homes and approximately 2,100 square feet of retail space.
The new community is strategically positioned about eight miles from the bustling downtown Oceanside area, famous for its retail outlets and stunning beaches. Additionally, just 1.5 miles to the south lies the revitalized historic district of Vista, which boasts a variety of authentic restaurants welcoming residents and visitors alike.
Residents can expect to start moving in by late summer 2026. John Colletti, the Senior Managing Director of Development in Southern California for Mill Creek, expressed enthusiasm for the project, stating, "We've always admired the North San Diego County area, which is one of the greatest places to live in the country with its proximity to premier southern California beaches and year-round outdoor amenities. We're eager to get started on Modera Melrose, which will put residents within reach of everything the area has to offer. Our team is prepared to deliver a modern living experience with one of the most refined amenity packages in the submarket."
The community will feature diverse apartment options, including one, two, and three-bedroom homes, some with den layouts, offering an average space of 958 square feet. This residential project is designed with a commitment to sustainability and is pursuing an NGBS Silver certification.
Complementing the living spaces, community amenities will include a resort-style swimming pool, hot tub, grilling stations, fire pits, and an outdoor kitchen. For social engagement and productivity, residents will benefit from a clubhouse, landscaped courtyards, a game area with pool and shuffleboard, a conference room, coworking spaces, and private workstations. Fitness enthusiasts will appreciate the high-quality fitness center equipped with cardio machines and TRX equipment.
Modera Melrose is designed to support a convenient and technologically advanced living experience. Features include digital package lockers, controlled-access garage parking, private electric vehicle (EV) charging stations, bike storage, cold storage, and additional storage opportunities. Each home will be adorned with modern fixtures such as nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, soft-close cabinets, and in-home washers and dryers. Furthermore, smart home technologies like smart thermostats and keyless entry systems will enhance security and comfort, along with private patios or balconies for outdoor enjoyment.
Mill Creek Residential Trust LLC is recognized for its commitment to creating stylish and comfortable living environments. Operating from its headquarters in Boca Raton, Florida, the firm focuses on developing and managing high-quality rental communities throughout the U.S. With plans to expand in several of the nation’s most desirable markets, including Seattle, Southern California, and Boston, the company is well-positioned to continue its growth trajectory.
As of September 30, 2024, Mill Creek's portfolio comprised 144 communities, offering over 41,000 rental homes either in operation or under construction. The launch of Modera Melrose is a testament to the firm’s unwavering dedication to fulfilling the housing demands of diverse markets while providing unparalleled living experiences.
For those interested in learning more about Mill Creek Residential, please visit MillCreekPlaces.com.