The Breeden Company Breaks Ground on $66M Multifamily Project in Virginia Beach, VA
The Breeden Company, a national real estate development firm, has broken ground on The Pinnacle on 31st Street, a $66 million multifamily project situated on 2.3 acres in Virginia Beach.
The Pinnacle on 31st Street will offer 240 one-, two- and three-bedroom luxury apartments, including several penthouse layouts. Units will range in size from 775 to 1,391 square feet and will be available in early 2023. Community amenities will include a clubhouse with a resort-style lobby, coworking spaces, 24-hour fitness center, multiple rooftop lounges, rooftop dog park, pool with a lazy river and multiple lounge areas.
Breeden Construction will serve as general contractor on the project. The Breeden Company’s property management division will operate The Pinnacle on 31st Street once construction is complete.
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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.