Modera McGavock

Modera McGavock is seen in center

Boca Raton, Florida-based Mill Creek Residential has paid $18.5 million for the Gulch site at which it plans to break ground by quarter's end on a mixed-use high-rise building.

As the Post previously reported, Modera McGavock will offer 396 residential units and about 13,000 square feet of retail and restaurant space on a 0.79- acre site with addresses of 1212, 1214 and 1218 McGavock St.

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