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12/07/2018 - THE BREEDEN COMPANY ANNOUNCES LAND PURCHASE IN NORFOLK, VIRGINIA

THE BREEDEN COMPANY ANNOUNCES LAND PURCHASE IN NORFOLK, VIRGINIA

 

FOR IMMEDIATE RELEASE December 7, 2018

 

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.
 
 
 
ABOUT THE BREEDEN COMPANY:
 
The Breeden Company is a nationally recognized real estate services company with over 50 years of expertise in every facet of the industry. Breeden Property Management, Breeden Realty and Breeden Construction are the three major subsidiaries of The Breeden Company, with a combined portfolio of nearly 12,000 apartments, over 2 million square feet of retail and office space and an additional 1,700 residential homes. Both Breeden Property Management and Breeden Construction are national award winners on their own merit and provide third party services to select clients. Family-owned and operated since 1961, The Breeden Company has grown into one of the most valued real estate development firms on the East Coast.
 
 
For supplemental multimedia or information please visit: www.thebreedencompany.com.   
 
 
Media Contact:

Dana E. Wilson
Vice President of Public Relations & Corporate Communication
Danaw@thebreedencompany.com
The Breeden Company, Inc.
757.486.1000
 
 
 
 
 
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