Germantown site needed for project sells for $20M
Florida developer buys property for phase two of under-construction Modera
Stay updated with breaking news from Purdue Properties. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Florida developer buys property for phase two of under-construction Modera
Phase one of two-building Modera to start in early 2021 A Germantown site long home to Centurion Stone and eyed for a large-scale mixed-use project has sold for $22 million. To offer residential and retail, the two-building development will be done in two phases, have a main address of 1420 Adams St. and be called Modera Germantown. It will, in part, overlook the Cumberland River. The new owner is Boca Raton, Florida-based Mill Creek Residential. That entity has enlisted Atlanta-based Cooper Carry to handle land planning efforts for the project, according to a site plan submitted to Metro. Re...