Mill Creek Residential has begun moving in residents into to its Modera Six Pines, a 429-unit community designed around health and wellness. The property is situated in The Woodlands, Texas, a neighborhood 27 miles north of Houston.
Modera Six Pines is a five-story podium-style property built on 11 acres. With an emphasis on the health and wellness of its residents, the asset was designed to include a two-story Life Time Fitness health center, group fitness area, pool and yoga and Pilates studio. Other community amenities include bike storage, valet dry cleaning, electric vehicle charging stations, an on-site library, coworking spaces and a bar area with resident lounge.
“We’re tremendously excited about welcoming our initial residents to Modera Six Pines,” Ginny Hightower, regional design manager for Mill Creek Residential, told Multi-Housing News. “Our two-story fitness center helps underscore the community’s focus on health, and the tree-surrounded location helps foster a serene, relaxed living experience.”
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Individual units feature keyless entry, smart thermostats and private patios or balconies. Den and penthouse layouts are available with select apartments including kitchen islands and freestanding bathtubs.
According to Yardi Matrix data, studio, one-, two- and three-bedroom apartments in Modera Six Pines range from 511 to 3,678 square feet. In September, 7 percent of apartments were preleased. The Houston area occupancy rates in stabilized properties are on the rise, up 130 basis points in the 12 months ending in April, up to 94.1 percent.
Located at 8900 Six Pines Drive in Shenandoah, residents are in proximity to parks, The Woodlands Mall, Lake Woodlands Crossing, The Woodlands Town Center and Market Street, a mixed-use town center. Half a mile from the property is Interstate 45 offering access to the greater Houston area.
Mill Creek owns two other communities in the Houston area: Modera Flats and Modera Washington. The firm currently has a North Carolina 134-unit property under construction, slated for completion in 2023. In partnership with FCP, Mill Creek broke ground this year on a 800-home asset next to Nova Southeastern University in Broward County, Fla.