Mill Creek Residential Launches Modera Rio Salado
Mill Creek Residential, a prominent player in the rental housing sector across the United States, has marked a significant milestone in its portfolio with the launch of Modera Rio Salado. Located in the dynamic Tempe Town Lake area, this contemporary mixed-use community is now open for move-ins, welcoming its first residents.
At the heart of the development are 319 thoughtfully designed homes that offer an appealing blend of style and convenience. This podium-style community also incorporates 3,500 square feet dedicated to retail, enriching the living experience for future residents by enhancing the neighborhood’s vibrancy. The location is unrivaled, positioned directly opposite the expansive 225-acre Tempe Town Lake, the Tempe Center for the Arts, and the innovative Tempe IDEA Biotech campus.
Accessibility is a key feature of Modera Rio Salado, with its close proximity to major attractions and amenities. Located just south of Loop 202, it offers easy access to Arizona State University, the expansive Tempe Beach Park, and a wealth of office spaces and retail options. The community is designed with a focus on connectivity, enriched by Tempe's bike-friendly infrastructure. Tyler Wilson, senior managing director of development for Mill Creek’s Southwest region, remarked, "We’re excited to welcome our first residents to Modera Rio Salado, a premier community bringing new multifamily living to this dynamic corridor...". This sentiment encapsulates the essence of the project, which aims to provide residents not just a place to live, but a lifestyle.
Amenities and Living Experience
Modera Rio Salado is not just about location; it offers an array of amenities designed to enhance the living experience. Residents will enjoy three amenity decks and over 14,000 square feet of community spaces, aligning with modern lifestyles. The community boasts a remarkable Bike Score of 95, making it a cyclist's paradise, complemented by walkability to recreational spaces like Tempe Beach Park.
Inside, residents can enjoy amenities such as an outdoor swimming pool, outdoor kitchen/barbecue areas, landscaped courtyards, and coworking spaces complete with private workstations. Additional features include a clubroom equipped with gaming tables, a media room, a state-of-the-art fitness center, and a yoga/Pilates studio. The lobby presents a hotel-inspired atmosphere, designed with high ceilings, cozy seating areas, and a fireplace lounge—creating a welcoming entrance for residents and guests alike.
The pet-friendly community includes amenities for furry companions as well, featuring an outdoor pet park, dedicated bike storage, digital package lockers, and controlled-access parking with EV-charging stations—meeting the demand for sustainability in today's rental markets.
Home Features
The residences range from one to three-bedroom layouts, with select homes offering den and townhome options. Each unit is designed with oversized windows, stainless steel appliances, quartz countertops, and stylish finishes including wood-style plank flooring. Smart home features such as keyless entry and smart thermostats enhance both convenience and security. Some homes even offer 10-foot ceilings, kitchen islands, and private balconies or patios, making each space feel like a retreat.
With designer bathrooms featuring double vanities and modern fixtures, residents will find a harmonious blend of luxury and comfort here.
Conclusion
Mill Creek Residential continues to assert its role as a leader in the rental housing market, and Modera Rio Salado is a testament to its commitment to creating outstanding communities. With its prime location, exceptional amenities, and thoughtful designs, this new development is set to redefine contemporary living in Tempe. As the first residents settle in, it is evident that Modera Rio Salado will set a new standard for mixed-use communities in the region.
For more information about the community or to explore living opportunities, visit
MillCreekPlaces.com.