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Breeden Construction Newsletter
Brian Revere – Opening Letter
As the growth of our organization continues to increase rapidly, we are excited to acknowledge our accomplishments within our quarterly newsletter. Breeden Construction, the construction and general contracting division of The Breeden Company, has provided services for our portfolio for more than four decades and with acquired knowledge and experience, we offer our services to third party government and private/public companies.
Listed as one of the top general contracting firms in Virginia, Breeden Construction employs approximately 50 employees and is based in Richmond with a second office in Virginia Beach. We provide our expertise in construction materials and methods, project scheduling and cost control to oversee all phases of the design and construction phases. Our dedicated construction team is committed to delivering a high-quality project on time and on budget.
We take great pleasure in contributing to the developmental expansion within the region and we look forward to moving forward with diverse levels of construction. We welcome you to read about our innovative designs, new projects under construction, community involvement, and employee engagement.
Breeden Begins Construction on Waterfront Development
NORFOLK, VIRGINIA – Virginia Beach based developer, The Breeden Company, announces the commencement of construction on its prime waterfront community, Lofts at Front Street, located along the Elizabeth River at 533 Front Street in Norfolk, Virginia.
Breeden Construction will construct the 258 unit, five-story multi-family development with an internal parking garage and renovate the existing shoreline to include a pedestrian walkway along the Elizabeth River.
“The complex design structure of the project and the growth potential of the area sparked our interest,” said Timothy A. Faulkner, chief operating officer of The Breeden Company. “We look forward to developing this project in the City of Norfolk and providing an exceptional product to potential residents.”
Breeden Property Management will manage the new luxury multi-family residential community that features a mixture of studio, one-, two- and three-bedroom residences with stunning views of the Fort Norfolk waterfront with leasing efforts beginning in Winter 2022.
The waterfront development is adjacent to Sentara Norfolk General Hospital, EVMS, Harbor’s Edge, Children’s Hospital of the Kings Daughters, People for the Ethical Treatment of Animals, and the Elizabeth River Trail.
Breeden Construction Make Progress Towards Completion
NORFOLK, VIRGINIA – Located at one of Norfolk’s most geographically outstanding locales, Breeden Construction is making great strides towards the fall completion of The Breeden Company’s Enriched Lifestyle community, Pinewell Station, located in Norfolk, Virginia.
Built by Breeden Construction, the 145-unit Enriched Lifestyle Community™ with an estimated $30 million investment, will feature a thoughtfully planned four-story podium-style architecturally enhanced by signature high-end design elements inside and out. One, two, and three bedroom apartments present as spacious and stunning amid beautifully coordinated, granite counters, carpet and wood flooring, stainless steel appliances, pendant and recessed lighting, all crowned by 9-foot-high ceilings, resort-style amenities, including a state-of-the-art fitness facility, business and media centers, hospitality bar, pool, club house, and roof-deck lounge with views of the Chesapeake Bay and Ocean View Golf Course.
Breeden Construction completes first phase of Fredericksburg Development
FREDERICKSBURG, VIRGINIA – Breeden Construction has completed the first phase of construction and is scheduled to commence construction of Phase II early 2021 of The Breeden Company’s $85.5M development, Allure at Jefferson. Located midway between Richmond and Washington, D.C., off Jefferson Davis Highway near Interstate 95, the Enriched Lifestyle Community™ provides easy access to the historic and cultural charm of downtown Fredericksburg and the bustle of major metropolitan hubs.
The multifamily development will offer 450 luxury one, two and three bedroom units in an environment perfect for living, working, or playing. Prospective residents can expect the classically styled architecture that is associated with The Breeden Company and high quality amenities and fixtures throughout the community featuring design enhancements galore, including 9-foot-high ceilings with triple-crown molding, light chocolate-brown cabinetry, granite counters, brushed nickel hardware and fixture finishes, high-style bathrooms, spacious closets and private balconies/patios enveloped by classical architecture. Amenities will include a playground with picnic pavilion, well-augmented fitness and media centers, dog park, car wash, a swimming pool with sun shelf, cabana area and dive-in movies, and more.
Breeden Closes on Multifamily Site in Albemarle County, Virginia
ALBEMARLE COUNTY, VIRGINIA – The Breeden Company, one of the mid Atlantic’s largest real estate companies, is pleased to announce the purchase of a 17-acre parcel in Albemarle County, Virginia located near the Charlottesville Albemarle Airport and minutes away from the University of Virginia.
Breeden Construction will begin construction of Berkmar Landing, a 261-unit multi-family development with an estimated value of $55 million early summer 2020 with leasing efforts are scheduled to begin 2021.
The Enriched Lifestyle Community™, will offer a configuration of one-, two- and three-bedroom units with granite countertops, plank flooring, stainless-steel appliances and optional garage rentals. Community amenities will include a state-of-the-art fitness facility, well-equipped media center, hospitality bar, business center, resort-style amenities and a dog park.
Breeden Closes on Multifamily Site in South Richmond
RICHMOND, VIRGINIA – The Breeden Company, a nationally recognized real estate services company, expands its presence in Richmond, Virginia with the purchase of a six acre tract adjacent to their existing Enriched Lifestyle Community™, Village at Westlake in South Richmond, Virginia.
Located at the corner of Janke Road and German School Road, Breeden Construction will commence construction in early Fall 2020 of the $22 million multifamily development consisting of a mix of 2- and 3- bedroom units and amenities to include resort-style pool and clubhouse with private gathering areas, fire pits and grilling stations, state-of-the-art fitness center and yoga studio. The community is perfectly situated between Chippenham and Powhite Parkway and I-64, I-95 and 195. Our ideal location offers convenient access to Chesterfield Towne Center, Stony Point Fashion Park, Powhite Park and Richmond’s Fan District and Museum District. Designer touches throughout include shaker-style cabinetry, hard surface countertops, sleek black appliances and a thoughtful mix of plush carpet in the living areas and wood-style flooring in the kitchen and bathrooms.
Multifamily Development to be built by Breeden Construction
PORTSMOUTH, VIRGINIA – “Out with the old, and in with the new” is how the Portsmouth Redevelopment and Housing Authority (PRHA) describes its latest redevelopment effort. Built in 1960, Lincoln Park, one of the oldest and largest housing communities in Portsmouth, has been demolished and is being repositioned as Lexington Place. Lexington Place is located at the intersection of Frederick and Deep Creek boulevards.
Lexington Place is being developed by Philadelphia-based Pennrose, LLC, a nationally known real estate development and multi-family property management company. The project architect is Virginia Beach’s Saunders+Crouse Architects, a leading regional expert in planning and designing vibrant, livable mixed-use communities. General contractor Breeden Construction, with offices in Richmond and Virginia Beach, is ranked by Virginia Business as the ninth largest general contracting firm in the Commonwealth.
Officials from the PRHA and the City of Portsmouth were recently joined by representatives from Pennrose, LLC, Breeden Construction, and Saunders+Crouse at a ceremonial groundbreaking for Phase 1 of Lexington Place. This first phase will have 72 townhome-style apartments and is estimated to cost approximately $16 million. When complete, the development will include 144 units. Residents will be moved in gradually during construction, and housing authority officials have said the move-in process could begin early 2021.
Breeden Construction President Brian Revere says: “Breeden Construction is proud to be an ongoing part of the revitalization effort of the City of Portsmouth with the construction of this development. Our team looks forward to working with Pennrose and PRHA to construct new homes for the residents, providing a style of living that reflects growth and transition within the city.”
In recent years, Breeden Construction has been heavily involved in Portsmouth’s growth and development efforts. This includes construction of Harbor Vista, 134 units of new construction Class A apartments on Crawford Street and the acquisition of Montgomery Square, a multi-family and commercial property on High Street.
The company successfully has completed numerous single-family, multi-family, retail/office and restaurant projects throughout Virginia and the mid-Atlantic.
“The Lexington Place project is an important investment in Portsmouth citizens and an exciting milestone for the Portsmouth Redevelopment and Housing Authority,’ says Alisa S. Winston, PRHA deputy executive director.
Adds Ivy Dench-Carter, regional vice president with Pennrose: “We’re pleased to continue the Pennrose mission of transforming communities by supporting PRHA’s redevelopment activities. The combination of high-quality apartments, on-site amenities, and a convenient location near transportation and everyday services at Lexington Place create a wonderful lifestyle condition for families in Portsmouth.”
A ceremonial groundbreaking for phase one of Lexington Place, a planned 144-unit development to replace Lincoln Park, one of the city’s oldest and largest housing communities, marked progress surrounding Portsmouth Redevelopment and Housing Authority’s latest redevelopment effort. General Contractor, Breeden Construction, joins the likes of Virginia Beach-based Saunders + Crouse Architects and Philadelphia, Pennsylvania-based developer Pennrose LLC for the project located at Frederick and Deep Creek boulevards. Phase one involves 72 townhome-style apartments and an estimated $16 million. PRHA officials expect the move-in process to begin early 2021.
Breeden Construction Awarded Builder’s Contract
RICHMOND, VIRGINIA – Site work has commenced for owner Stony Run Partners LLC’s vision for the largest development in an area not known for multifamily opportunities. The Richmond-based LLC assembled quite a team for the $25 million project, including Richmond and Virginia Beach based Breeden Construction as builder, CD Hall Construction of Chesterfield as site contractor, Resource International of Ashland as site engineer and Housing Studio of Charlotte, North Carolina, as architect. Upon its anticipated winter 2021 completion, Stony Run Condominiums will feature 158 one- and two-bedroom homes ranging in size from 900 to 1,400 square feet on 15 acres in rural Hanover County. Community amenities will include pool, hot tub, fire pit, fitness rooms, dog park and nature/walking trails. Price points, beginning at $230,000 and $340,000, are expected to appeal to first-time buyers and empty nesters alike.
Breeden Construction Announces New Office Opening in Richmond, Virginia
RICHMOND, VIRGINIA – Breeden Construction announces a major office move to its larger, consolidated Richmond facility located at 1700 Bayberry Court, Suite 200. The new location occupies approximately 8,100 square feet of newly renovated Class A space with all private offices, collaborative meeting areas and advanced communication upgrades to accommodate the organization’s rapid growth throughout the Commonwealth.
“We are excited about our new headquarters. This expansion is a direct reflection of the continued success of Breeden Construction,” states Brian Revere, president. “We have grown our team to more than 50 employees and expect to exceed 60 by year-end. Our employees are our greatest asset and have been instrumental in our company’s growth.
“In addition to building for our portfolio, our company is proud of the strong relationships we have built with a solid core of regional and national developers who have looked to Breeden Construction to be their contracting partner. We are pleased the new space can accommodate our increasing presence in the region.”
Listed as one of the top general contracting firms in Virginia by Virginia Business, Breeden Construction’s new office space triples the organization’s current Richmond footprint and encourages growth within the firm. In addition to the expansion in Richmond, the organization will also expand its Virginia Beach office located at 228 North Lynnhaven Road, Suite 108, in Summer 2020.