Quarterra Multifamily Announces Start of Leasing at Miller & York Apartments

Rhea-AI Summary

Quarterra Multifamily, a subsidiary of Lennar Corporation (NYSE:LEN, LEN.B), has commenced leasing at Miller & York, a new urban community in Charlotte's vibrant LoSo neighborhood. This 273-home development offers studio, one- and two-bedroom apartments, equipped with smart technology and modern amenities. Residents will enjoy a resort-style pool, clubhouse, fitness center, and access to a variety of dining and entertainment options in the area. The community's strategic location provides easy access to major thoroughfares and public transit, enhancing connectivity for residents. As Quarterra's fourth active community in Charlotte, Miller & York aims to offer a blend of lively urban living and a peaceful home environment.

Positive

• Commencement of leasing at Miller & York, a 273-home community enhancing Quarterra's portfolio.
• Modern amenities including a resort-style pool, clubhouse, and fitness center.
• Strategic location in Charlotte's entertainment district, facilitating lifestyle access.

Negative

• None.

New Community Connects Residents with Charlotte's Highly Coveted LoSo Neighborhood

CHARLOTTE, N.C., April 20, 2023 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment developer, builder, and asset manager, today announced the start of leasing at Miller & York, an urban infill community in Charlotte's dynamic Lower South End, or LoSo, neighborhood.

Miller & York is a 273-home community located in the heart of LoSo – widely considered one of the city's top entertainment districts. With rock climbing gyms, antique malls, beer gardens and almost every dining opportunity imaginable, LoSo is a hub of activity with something to accommodate every interest. Miller & York offers a lively but decidedly relaxed atmosphere, enabling residents to jump in and out of the South End fray at their leisure while providing a peaceful retreat to call home.

"The energy of LoSo is undeniable, and Miller & York feeds off that vibrance in its amenity spaces and common areas while also creating a calm and comfortable place to call home," said Pat Foster, Development Manager with Quarterra. "Residents will love the thoughtful design of our homes and community amenities, as the design combines fun with practicality to strike the perfect balance in urban living."

Situated at 235 Verbena St., Miller & York puts residents close to many lifestyle amenities such as the Charlotte Rail Trail, Irwin Creek Greenway, Sugar Creek Greenway, Clanton Park, Renaissance Park, Harry L. Jones Sr. Golf Course, and Charlotte Regional Farmers Market. Residents are also within walking distance of numerous destination restaurants, coffee shops and breweries, including: Chef Alyssa's Kitchen, Night Swim Roastery & Café, the future Rally Pickleball facility, The Olde Mecklenburg Brewery & Biergarten, Brewers at 4001 Yancey, Protagonist, Sugar Creek Brewery, Lower Left Brewery, Queen Park Social and GoodRoad Ciderworks.

The community is in close proximity to many of Charlotte's major thoroughfares including Interstate 77, Billy Graham Parkway, Highway 49/South Tryon Street, and South Boulevard, making regional access, airport connectivity and local commutes a breeze. The Scaleybark Station of the LYNX Blue Line light rail is also less than a mile away for optimal, hassle-free transit throughout the metro region.

Miller & York consists of studio, one- and two-bedroom homes, ranging from 560 to 1,135 square feet. Homes are equipped with smart home technology and hardwood-style flooring throughout. Kitchens come equipped with stainless steel Whirlpool appliances, contrasting tone cabinetry, graphite quartz countertops, subway tile backsplashes, designer fixtures, and kitchen islands in select homes. Bathrooms feature quartz countertops and bedrooms include walk-in closets.

All residents have access to a resort-style pool with private cabanas and covered seating, as well as a standalone clubhouse complete with fitness center, full catering kitchen, lounge area and both private and open coworking spaces. Community highlights also include a sky terrace, dog park, covered patio with fireplace, and multiple grilling stations.

Miller & York is Quarterra's fourth active Charlotte community, joining Bradham, The Ellis and The Francis.

About Quarterra

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council's (NMHC) annual Top 50 list for eight consecutive years.

Quarterra creates extraordinary communities where people can live remarkably.

www.Quarterra.com

Media Contact                                            
Marlena DeFalco
LinnellTaylor Marketing
303-682-3943
marlena@linnelltaylor.com

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SOURCE Quarterra

FAQ

What is the significance of Miller & York's opening for Lennar Corporation?

The opening of Miller & York expands Quarterra Multifamily's offerings in Charlotte, potentially increasing revenue for Lennar Corporation.

What are the amenities offered at Miller & York?

Miller & York features a resort-style pool, clubhouse, fitness center, smart home technology, and community spaces.

How many homes are available at Miller & York?

Miller & York consists of 273 homes, including studio, one-, and two-bedroom units.

What is the location of Miller & York in Charlotte?

Miller & York is located in the Lower South End (LoSo) neighborhood of Charlotte, close to various lifestyle amenities.

When did leasing at Miller & York start?

Leasing at Miller & York began on April 20, 2023.