The Breeden Company Announces Land Purchase In Norfolk, Virginia
NORFOLK, VIRGINIA – The Breeden Company announces the purchase of a six acre parcel adjacent to Norfolk’s Community Beach Park in Norfolk, Virginia. The multi-family Enriched Lifestyle community, Pinewell Station, will be built by Breeden Construction and managed by Breeden Property Management. Construction of the development is expected to commence in January 2019.
With an estimated investment value of $30 million, the development will offer a mix of one- and two- bedroom units with a clubhouse. Consisting of 145 units, the 4-story podium design will include a state-of-the-art fitness facility, high-end interior design, a well-equipped media center, hospitality bar, business center, resort-style amenities including a pool and a roof deck lounge offering marvelous views of the Chesapeake Bay and the Oceanview Golf Course. The one and two bedroom apartments are designed with 9 ft ceilings, granite countertops, pendant and recessed lighting with both carpeted and wood flooring.
The Breeden Company is proud to be a contributor to the city’s growth and looks forward to establishing a long-lasting relationship with the residents of the community. We will begin our leasing efforts in the Fall of 2019.
Breeden Construction has been providing general contracting services for our own portfolio for more than five decades. In that time, we have constructed over 15,000 multifamily units, over 2 million square feet of commercial, retail and mixed-use space, countless tenant improvements and up-fits, numerous residential subdivisions and 1,700 residential homes. In 2011, Breeden Construction opened services to third-party clients in need of its expertise in all phases of the design, building and development of multifamily, mixed-use communities, commercial office and retail properties and tenant up-fits. The vast capabilities of our company have made us one of the most dynamic firms of its kind in the country.