Mill Creek Announces Groundbreaking of Modera Marmalade
Midrise Rental Community Represents Company's First Development in Utah
SALT LAKE CITY, March 11, 2025 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Modera Marmalade, a contemporary midrise community in the 4th West/Marmalade District of Downtown Salt Lake City.
Modera Marmalade, which will feature 359 homes, represents Mill Creek's first development within Utah. The wrap-style community will provide panoramic views of the Wasatch Mountains, Downtown skyline and Great Salt Lake, while the Oquirrh Mountains will serve as a prominent backdrop to the west. First move-ins are anticipated for February 2027.
"We're thrilled for the opportunity to join the Salt Lake City market, and we believe Modera Marmalade will be an outstanding representation as our first community in the state," said Tyler Greene, managing director of development in Salt Lake City for Mill Creek Residential. "The Marmalade District is growing in popularity thanks to the recent addition of successful new rental homes to the area. We're eager to help address the housing demand of this rapidly emerging area and look forward to offering a best-in-class experience."
Situated at 472 West 400 North, the community sits within three blocks of the Downtown hub for Front Runner Commuter Rail and TRAX Light Rail. Front Runner is a WiFi-enabled train that stretches approximately 90 miles through the entire Wasatch Front from Provo to Ogden, while TRAX is a connector rail with service through Downtown, stretching to the Salt Lake City International Airport to the west and University of Utah to the east.
The community features an improving Bike Score of 78, offers expedient access to the numerous brewpubs and dining options within Downtown and is within a short commute of Interstate 15, which connects to the greater Salt Lake area and its thriving employment centers, including the tech-centric Silicon Slopes in the southern portion of the valley.
Modera Marmalade will offer studio, one-, two- and three-bedroom homes with various layouts and an average size of 840 square feet. Community amenities will be highlighted by a rooftop deck with a resort-style swimming pool, grilling area, fire pit and outdoor dining. Additional common area attractions will include a hot tub, sauna, resident clubhouse, game room with pool table, coffee bar, landscaped courtyards, pet park, pet spa and a club-quality fitness center with cardio equipment, individual TVs, Peloton bikes, group fitness area and a yoga/Pilates studio. The community will also offer a conference room, coworking spaces, private workstations, controlled-access garage parking, private EV-charging stations, digital package lockers, bike lockers and additional storage space.
Home interiors will feature two distinct color schemes, nine-foot ceilings, oversized windows, wood-style plank flooring, stainless steel appliances, quartz countertops, pull-down faucets, tile backsplashes, moveable kitchen islands, breakfast bars, custom soft-close cabinetry with under-cabinet lighting, oversized bedrooms with spacious closets, built-in storage and in-home washers and dryers. Smart features will include controlled-access guest technology, programmable thermostats, key fob access, USB outlets and bulk WiFi. Bathrooms will feature double vanities, backlit mirrors, linen closets, soaking tubs and showers with floor-to-ceiling tile surrounds.
About Mill Creek Residential
Mill Creek Residential Trust LLC is a national rental housing company focused on developing, acquiring, and operating rental communities in targeted markets nationwide. The national company, headquartered in Boca Raton, Florida, proactively develops, acquires, constructs, and operates communities through its seasoned team of real estate professionals in offices across the United States. Mill Creek is building its portfolio in many of the nation's most desirable markets in Seattle, Portland, the San Francisco Bay area, Sacramento, Southern California, Salt Lake City, Phoenix, Denver, Dallas, Austin, Houston, Florida, Atlanta, Nashville, Charlotte, Raleigh, Washington, D.C., New Jersey, New York, and Boston. As of September 30, 2024, the company's portfolio comprises 144 communities representing over 41,000 rental homes operating and/or under construction. For more information, please visit MillCreekPlaces.com.
Media Contact
Stephen Ursery
LinnellTaylor Marketing
stephen@linnelltaylor.com
303.682.3945
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SOURCE Mill Creek Residential