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08/08/2014 - BREEDEN COMPANY CLOSES ON $2.1M LAND DEAL IN CARROLLTON, VA

Breeden Company Closes on $2.1M Land Deal in Carrollton, VA

FOR IMMEDIATE RELEASE:

BREEDEN CO. CLOSES ON $2.1M LAND DEAL IN CARROLLTON, VA

CARROLLTON, VA - July 15, 2014 – The Breeden Company closed on a $2.1 million land deal in Carrollton, VA. The 15.93 acre purchase will be used for Eagle Harbor West, the third apartment phase at Eagle Harbor for The Breeden Company.

Eagle Harbor West will be an extension of The Breeden Company’s pre-existing 384 units in Carrollton, VA. The new 208 unit Enriched Lifestyle Community will consist of one-, two– and three-bedroom units and will add even more amenities and garages to the existing luxury apartments. Eagle Harbor Apartments currently feature a sand volleyball court, 5-hole putting green, 24 health club and tanning bed, resort-style pool and optional garages.

With the addition of Eagle Harbor West, The Breeden Company Eagle Harbor Apartment Community will encompass 592 apartments adjacent to 41.29 acres of commercial space (8.313 acres for sale.) Two of Hampton Roads’ Top Major Employers reside nearby with Huntington-Ingalls and Smithfield Foods, combining for approximately 24,000 employees.

The property will be built by Breeden Construction and managed by Breeden Property Management. Construction is expected to begin in Fall 2014 with the move-in target of late Summer 2015.

 

MEDIA CONTACT:

Dana E. Wilson

Public Relations Manager

danaw@thebreedencompany.com

(757) 486-1000