Modera West Fork: Multifamily At 10511 League Line Rd.

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https://www.bizjournals.com/houston/news/2023/10/20/mill-creek-residential-beckett-apartments-conroe.html

Mill Creek Residential starts construction on new apartment complex in Conroe

A Florida-based multifamily investment company has started construction on a 408-unit apartment complex near Lake Conroe.

Beckett West Fork will be located at 10485 League Line Road in Conroe, between Interstate 45 and the southern part of Lake Conroe. It is being developed by Boca Raton, Florida-based Mill Creek Residential Trust LLC, which acquired the 26-acre property from a local investor in August, according to Jeb Cox, senior managing director of development at the company.

The one- and two-bedroom units will range from 850 to 1,250 square feet and rent from about $1,500 to $1,800, Cox said.

They will feature 9-foot ceilings, wood plank-style flooring, stainless steel appliances, electric ranges, granite countertops, kitchen islands, custom cabinetry, walk-in closets and full-sized washers and dryers.

Community amenities include a 5,000-square-foot clubhouse, swimming pool, grilling area, outdoor kitchen, fitness center, landscaped courtyards, pet park and rentable private garages.

“Beckett West Fork will offer the best of both worlds in that residents will experience a small-town vibe while remaining within commuting distance of the area's key employment and entertainment centers," Lucas Sandidge, vice president of development at Mill Creek, said in a statement. “The community will provide a nature-centric living experience at a much more reasonable price point than many of the surrounding suburban locales.”

The Conroe area has been one of Greater Houston’s fastest-growing apartment markets in recent years. As of last February, there were 70 properties totaling more than 15,000 apartment units in the Conroe-Montgomery-Willis area, according to MRI ApartmentData.

“Montgomery County is a fast-growing county, (and) Conroe has seen a lot of population growth,” Cox said. “There's a need for housing in the area.”

About a mile east on League Line Road, Scottsdale, Arizona-based Alliance Residential Co. is developing Prose in the Pines, a 264-unit apartment complex. Next to it, Pennsylvania-based luxury homebuilder Toll Brothers Inc. (NYSE: TOL) has developed Teaswood Avenue, a gated community of 55 single-family homes.

 

Beckett West Fork will be Mill Creek’s seventh apartment complex in Greater Houston, though the company has developed and sold others over the years. It opened the 360-unit Beckett Cottingham at 13958 Cottingham St. in southeast Houston this past summer. Two other communities are under construction: the 327-unit Modera Garden Oaks at 641 W. Crosstimbers Road in Independence Heights and the 392-unit Modera Waugh tower at 716 Waugh Drive south of Buffalo Bayou Park. Both are slated to open for leasing by the end of this year or early next, Cox said.

Mill Creek, founded in 2011, develops, acquires and operates apartment communities and as of June has 128 complexes totaling more than 35,000 units across the United States.

Mill Creek broke ground on the three-story, 14-building complex the same month and expects to deliver the first apartments for lease by the end of next year. The community is part of the company's new attainable housing brand, Beckett by Mill Creek, and was designed by Houston-based EDI International.