Market Overview

Trilogy Noma Apartments Celebrate Opening with Mayor Vincent C. Gray, Congresswomen Eleanor Holmes Norton and Councilmember Jack Evans

Bold approach to customer choice on display in three distinctly styled buildings at these brand new DC apartments.

Washington, DC (PRWEB) November 28, 2012

Executives from Mill Creek Residential Trust, LLC, a national multifamily developer, investor and operator, and Berkshire Property Advisors, L.L.C., a national multifamily investor and operator, were joined today by Washington, DC Mayor Vincent C. Gray along with Congresswoman Eleanor Holmes Norton and Ward 2 Councilmember Jack Evans to celebrate the opening of Trilogy NoMa, the largest single-phase multifamily project to deliver in Washington, DC in recent history and also the opening of a newly built extension of Q Street, NE. Trilogy NoMa consists of 603 luxury multifamily units at 151 Q Street NE in Washington, DC. Situated in the exciting NoMa neighborhood within easy walking distance to the New York Avenue Metro Station and the new NoMa Harris Teeter, Trilogy offers studio, one- and two-bedroom apartment homes among three individually branded and designed buildings spaced on a full city block with tree-lined pedestrian streets, embodying the best of Washington living.

Trilogy NoMa's three buildings – Cirq, Linq and Esqe -- present residents with highly differentiated architectural, style and living space options:

Cirq, with units now available for leasing, features 255 apartments in a combination of traditional and contemporary architecture. The units include classic finishes of maple and black granite.

Linq, which opens in December, offers 130 apartments featuring loft-inspired living interpreted three different ways – warehouse, contemporary and art deco -- with finishes of cool neutral granites and light maple cabinets.

Esqe, available in March of 2013, will add 218 highly contemporary apartments with walls of windows and expansive views of the surrounding community, finished with dramatic dark espresso cabinets and white granite counters.

Trilogy NoMa allows residents the opportunity to choose their living space based on their own tastes and sense of style but with the assurance of consistent quality: open floor plans, granite kitchens with island, custom cabinets and stainless steel appliances, deep soaking tubs, abundant storage and individual full-size washer and dryer. What's more, there are multiple apartments with upgraded finishes featuring wood flooring and sisal carpeting, glass cabinets and backsplashes in the kitchens.

Apartments range in average price from $1,680 for a studio to $4,000 for a fully-upgraded two bedroom with den home. The Leasing Center is located on the first floor of the Cirq building at 151 Q Street, NE and is featuring numerous grand opening specials. Additional information on Trilogy NoMa, including floor plans and pricing details can be found at http://www.TrilogyNoMa.com.

“Trilogy NoMa appeals directly to urban residents who value distinctive architectural styling, the highest quality finishes and immediate access to Washington's exciting urban core, all at a price point below our competitors,” said Mill Creek Managing Director – Mid-Atlantic, Sam Simone. “At the same time, Trilogy NoMa provides a sense of neighborhood and community – a serene environment nestled in an urban core. From the 15,000 square feet of community amenities to the authentic neighborhood residences and tree-lined streets that mirror that of the Eckington neighborhood, Trilogy residents will enjoy a great living experience that is uniquely Washington, DC.” Mr. Simone, who was one of the former Trammel Crow Residential executives instrumental in forming Mill Creek in 2010, has been involved with the Trilogy NoMa project for more than seven years, working through the entitlement process and with neighboring community organizations as the project took shape.

NoMa is the fastest growing neighborhood in the nation's capital located just blocks from Union Station and the U.S. Capitol. Featuring several million square feet of recently constructed and leased office space with 40,000 workers flowing in daily, NoMa has a strong sense of community with every connection possible to the center of downtown Washington, D.C. by rail, bus and bike. Trilogy NoMa is just 10 minutes (or a quick one-station subway ride) to Union Station and is steps from the 8-mile Metropolitan Branch Trail. More than 120 annual free events are held in NoMa each year and Trilogy residents will be able to enjoy all of them, walking to free outdoor movies, the remarkable NoMa Farmers Market, festivals and art shows.

Mr. Simone added, “The NoMa submarket demonstrates characteristics important to Mill Creek. It is highly dynamic and energetic with great access to mass transit, above-average population growth and renters seeking neighborhoods that reflect their enthusiasm for urban living.” Mill Creek is also under construction in the growing Fairfax County submarket of Merrifield, VA with Avenir Place, a 628-unit, mixed-use community and Landmark Gateway, a 360-unit, mixed-use community.

Trilogy NoMa takes advantage of its large site with more than 15,000 square feet of amenities, all accented with lush plantings and secluded spaces for quiet moments. Residents will enjoy:

Trilogy Lounge - Spacious gathering room with social hubs, welcoming interior design and fireside seating
Media Café - E-Lounge with complimentary coffee and Mac and PC stations
Screening Room - State-of-the-art theater room with a 90” LED TV
The Zone - Multimedia entertainment lounge with billiards, shuffle board, Wii, PlayStation, and Xbox
Energé (open 24 hours) – Fully loaded resident-only fitness lounge with premier cardio and weight equipment
The Splash & The Lagoon - Two resident-only hotel-inspired pools with spacious sundecks
Trilogy Terrace - Fabulous pavilion & grilling area
The Green + Esqe Parks - Relaxing, lush courtyard parks
Bark Park - Dedicated area for pet playtime
Underground Parking Garage

About Mill Creek
Mill Creek Residential is a national multifamily company focused on the development, acquisition and operation of apartment communities in targeted core markets nationwide. The company proactively pursues development, acquisition and construction opportunities through its seasoned team of real estate professionals in 14 offices across the United States. Mill Creek is building its portfolio in many of the nation's most desirable apartment markets in Seattle, Portland, the San Francisco Bay area, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Washington, D.C., New Jersey, New York and Boston. In 2012, the company's portfolio comprised 40 communities totaling 10,814 apartment homes that were operating, under construction or in planning. For more information on Mill Creek, please visit the company's website at http://www.MCRTrust.com.

About Berkshire
Headquartered in Boston, MA, Berkshire is a vertically-integrated, national organization which focuses on multifamily real estate investment. Founded in 1969, Berkshire has been one of the nation's most active owners and lenders in the multifamily industry, closing more than $11 billion of multifamily equity transactions and $22 billion of mortgage loans. Berkshire manages approximately 32,000 multifamily units in 30 markets and has debt investments collateralized by approximately 78,000 units, with a team of approximately 850 professionals. Berkshire delivers a broad range of investment and management services to its institutional investor clients, including acquisition of equity and debt investments, development and redevelopment services, as well as portfolio, asset and property management services. The Company's assets under management total approximately $4.4 billion.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/11/prweb10182645.htm

 

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