Community to Add 484 Apartment Homes to Baltimore/Washington D.C. Corridor
LAUREL, MD- APRIL 27, 2016
Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the grand opening of Modera WestSide, its newest apartment community located at the convergence of Montgomery, Howard and Prince George’s Counties.
The community adds 484 luxury apartment homes to a popular and growing neighborhood on the west side of the city that serves as an approximate midway point between Baltimore and Washington, D.C. Alongside Interstate-95, Modera WestSide will provide residents access to professional opportunities in the metropolitan areas of each city in addition to those in rapidly emerging Laurel.
“The Laurel market is intriguing in that it is self-sufficient and also benefits from its proximity to major cities to the northeast and southwest,” said Peter Melmed, Mill Creek Residential vice president of development for the Mid-Atlantic Region. “With its prime location next to I-95 and a proposed town center soon to be completed, Modera WestSide will be perfectly positioned to meet the increasing demand for quality apartment housing in this thriving neighborhood.”
Modera WestSide will be constructed on a 25-acre lot within a larger planned development that will include a hotel, retail and townhomes from other developers. Interstate-95 borders the site to the west and Van Dusen Road to the south. Further south, construction will soon begin on Konterra Town Center, a 2,000-acre mixed-use development that will be home to popular retailers, hospitality venues, technology campuses, educational institutions and vast recreation and entertainment options.
Downtown Baltimore is approximately 23 miles to the northeast and Washington, D.C. 17 miles to the southwest of the site, which is near a number of professional jobs. Fort George G. Meade, Maryland’s largest employer, is located nearby and is home to US Cyber Command and National Security Headquarters. In-town transit options include the historic Laurel MARC Station.
Modera WestSide consists of a mix of garden-style apartments spread amongst 11 buildings with a combination of direct-access garages and surface parking. The community will offer 1-, 2- and 3-bedroom apartments with 1- and 2- bedroom lofts available.