Mill Creek Residential Begins $100M Berkeley MF MXU
Dallas-based Mill Creek Residential broke ground on Modera Acheson Commons, a mixed-use apartment community in the heart of Downtown Berkeley. The $100-million community will add 205 apartment homes and 14,000 square feet of retail space near the UC Berkeley campus.
Located at 2133 University Ave., the property will consist of studio, one, two and three-bedroom homes in four buildings. Community amenities will include two rooftop decks that include barbecues and fire pits. Residents will also have access to a 24-hour club-quality fitness studio, spacious clubhouse, WiFi lounges, and controlled-access garage parking. First move-ins are anticipated for mid-2020.
As part of the development community, the developer will restore the Acheson Physicians Building, originally built in 1908, into residential loft-style homes as part of historic preservation efforts. Modera Acheson Commons will also contribute more than $4 million to the city’s affordable housing trust fund.
For comments, questions or concerns, please contact Dennis Kaiser