The Breeden Co., a commercial real estate developer based in Virginia Beach, has set Sept. 10 as the date for a grand opening of one of its largest apartment projects in the Richmond region.
The $70 million Marshall Springs at Gayton West, located in the Short Pump area of Henrico County, will offer 420 units, 306 of which already are leased, according to Peyton Tata, director of marketing and public relations for Breeden. The property has one-, two- and three-bedrooms with rents ranging from $1210 - $1570 per month. Amenities at the gated community include a picnic pavilion, outdoor cabanas with fireplaces, furniture and plasma televisions, , a dog park with watering station, pool and media center.
The community is located at 4501 Marshall Run Circle on 30 acres on the north side of Interstate 64 across from Short Pump Town Center. The site is near Gayton Road, which recently saw the opening of the North Gayton Road Extension, including a bridge over I-64.
Breeden also has several other apartment projects under construction or in the works across the state. In July, the company broke ground on Harbor Vista at Crawford Street on Portsmouth’s waterfront.
The five-story, $17 million project is scheduled be ready by the summer 2016. The community will offer a roof deck lounge that overlooks the marina.
Breeden also plans a community at the North Pier site in Portsmouth that’s adjacent to the nTelos Pavilion.
Harbor Vista is one of several additions to the Breeden Co.’s Enriched Lifestyle brand planned for 2015. The MARQ. in Virginia Beach (264 units), The Village at Westlake in Richmond (252 units) and Eagle Harbor West in Carrollton (208 units) are all scheduled to break ground in 2015.
Aqua on 25th Street in Virginia Beach (147 units) and Parkside at Charles Street in Newport News (148 units) broke ground in January.
The projects total more than 1,100 units. Breeden Construction will serve as the general contractor on the projects.
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 10,000 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.