TAMPA, FL – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Encore, a contemporary mixed-use apartment community in Downtown Tampa.
Modera Encore, which will feature 304 apartment homes and 8,000 square feet of ground-floor retail, boasts a dynamic metropolitan location amidst one of the nation’s most rapidly emerging downtown corridors. First go-ins are anticipated for spring 2025.
“We are fans of the Tampa market, and we believe Modera Encore is positioned to benefit from the city’s continued growth and ongoing development of the urban core,” said Damon Kolb, senior managing director of development in North Florida for Mill Creek Residential. “Transformational projects such as the Water Street, Gas Worx and the anticipated Brightline Station will continue to add convenience and vibrancy to the area, and we’re excited to be a part of it. We look forward to getting started on Modera Encore and offering a top-of-market experience.”
Situated at 1211 Ray Charles Boulevard, Modera Encore is located moments southwest of Interstate 275, which provides quick access to Tampa International Airport and the thriving employment sectors of Westshore Business District, the Gateway office market and Downtown St. Petersburg.
The midrise community is also surrounded by an abundance of dining, shopping and lifestyle destinations contained within nearby Tampa Heights, Midtown Tampa, Hyde Park and the well loved Ybor City Entertainment District. Additionally, Curtis Hixon Waterfront Park, the Tampa Riverwalk and Amalie Arena (home of the NHL’s Tampa Bay Lightning) are all easily accessible from the community.
Modera Encore will offer one-, two- and three-bedroom homes with den layouts available and select penthouse homes. Modera Encore will be built to, and is pursuing, a NGBS Silver Certification. Community amenities will include an outdoor swimming pool, grilling area, fire pit, outdoor dining, resident clubhouse, game room, pool table, landscaped courtyards, onsite pet spa, conference rooms, co-working space, private workstations, cybercafé, coffee bar and a club-quality fitness center with cardio equipment, yoga/Pilates studio and group fitness area. The community will also offer controlled access garage parking, bike lockers and additional storage space.
Home interiors will be delivered with nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, custom cabinetry, under-cabinet lighting, moveable kitchen islands, built-in desks, walk-in closets, in-home washers and dryers, smart thermostats, controlled-access guest technology and bulk WiFi. Bathrooms will include tile shower surrounds, double vanities and linen closets.

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NORTH PORT, FL – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of The Hadley, a new 268-unit luxury for-rent villa community in North Port, a booming city located on Florida’s west coast between Tampa and Fort Meyers. Thompson Thrift plans to start construction this month and welcome new residents in late 2024.
“North Port and the surrounding area added nearly 90,000 jobs during the past 10 years, which has really fueled housing demand,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are excited to bring a new luxury living rental option that will provide a single-family living feel with a full complement of multifamily amenities.”
Located at 3000 S Sumter Blvd. near Interstate 75 and U.S. Highway 41, the approximately 25-acre property will offer one-, two- and three-bedroom villas with luxury amenities, including 10′ ceilings, stainless-steel appliances, timeless tile backsplash, designer fixtures and finishes, hardwood-style flooring, large walk-in closets, undermount sinks, private yards, detached garages, full-size washer and dryer, high-speed internet access and smart thermostat.
Community amenities at The Hadley will also include a fully equipped 24-hour fitness center, resort-style swimming pool, community grilling areas, pickleball court, one dog park, pet spa with grooming station, billiards and shuffleboard, Starbucks™ coffee bar, 24-hour emergency service response and user-friendly resident mobile app for rent payment, submitting service requests, community feed and more.
The development is adjacent to Heron Creek Towne Center, which is home to Publix, Walmart, and a handful of other retail and food options. Close proximity to I-75 and U.S. Highway 41 will provide residents with simple access to additional retail and dining options in nearby Sarasota and Fort Myers, as well as major employers such as Sarasota Memorial Health Care, Sarasota County School District, ShorePoint Health Port Charlotte and PGT Innovations.
The North Port-Sarasota-Bradenton MSA experienced rapid population and job growth over the past decade and has earned top spots on numerous lists, including #1 Best Places to Live on the Coast, #1 Best Quality of Life in America, #1 Beach in America, and #2 Most Entrepreneurial Area Among Midsize U.S. Metros.
During the past 30 years Thompson Thrift has developed more than $4 billion of ground-up development projects across the Midwest, Southeast and Southwest. The company made a name for itself by being one of the few developers to build high-quality, attractive Class A residential communities with a variety of conventional, luxury leased villa and townhome-style communities. In 2021, the company earned the distinction of being named one of GlobeSt. Real Estate Forum’s Influencers of Multifamily Real Estate.
The Hadley is the third apartment community in the North Port-Sarasota-Bradenton MSA, and the 13th in the state for the company.

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PHOENIX, AZ – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it has broken ground on City North Residential Phase II.
“We are excited for our partnership with SofMac Partners and Security Benefit Life Insurance Company on the second phase of the City North project,” said Billy Cundiff, Managing Director, Development, Greystar. “City North allows us to deliver a world-class residential development that is adjacent to office space, dining, entertainment and shopping options, which stimulates the local economy and helps Phoenix continue to grow as a desirable destination.”
City North Residential Phase II will add 348 residences to the 272 that are currently underway in Phase I. Floorplans will be available in one- and two-bedroom layouts that range from 621 sq. ft. to 1,439 sq. ft. The seven-tale building will have five residential tales as well as a parking garage, a rooftop amenity deck, relaxing landscaping, and breathtaking mountain views.
The second phase will feature refined boutique hotel-inspired in-home finishes like two toned cabinetry, quartz countertops and designer tile backsplashes. The community will boast a seven-tale rooftop amenity deck that features a state-of-the-art fitness center, resort style pool and spa, outdoor cabanas and more. The ground-floor clubhouse and coworking spaces will feature two-tale volume and storefront glass that bathes the space in natural light. The surrounding desertscape inspired the design of the exterior architecture and landscaping.
City North Residential Phase II, which is situated within the City North master plot, includes walking access to retail, restaurants, coffee shops, fitness studios and more along High Street with additional retail and restaurants. The community is also in close proximity to major existing and future employment uses including Mayo Clinic, Discount Tire, Republic Services and American Express.
Preleasing for the community is slated to start in late 2025 with final completion plotted for the second quarter of 2026. Lawrence Lake Interiors is overseeing the interior design, the architecture firm is Architects Orange and ABLA is the landscape architect. City North Residential Phase II is developed together with our equity partner SofMac Partners and lender Security Benefit Life Insurance Company.

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