Breeden to develop $53M mixed-use project near RVA’s Diamond
Virginia Beach-based The Breeden Company intends to build a $53 million mixed-use development, Duplex Station on Hermitage, on the former Cobb Lumber site near Richmond’s Scott’s Addition neighborhood and less than a mile from The Diamond ballpark, the company announced Monday.
Located at 2300 Hermitage Road, the project is slated to include 142 apartments and 24,000 square feet of commercial space, which will serve as the new corporate headquarters of the company’s Breeden Construction division. Construction is set to begin in early 2023 and Breeden Construction will serve as general contractor.
The 1-, 2- and 3-bedroom apartments will feature open floorplans, granite countertops, vinyl plank flooring and washers and dryers. Amenities in the community include a pool, fitness center, rooftop lounge, electric car charging stations and bicycle storage.
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Nationally recognized, with over 60 years of expertise in every facet of the industry, The Breeden Company is a vertically integrated real estate development organization that boasts market-leading divisions including commercial real estate, multifamily property management and construction. With a portfolio of over 20,000 apartments and 2 million square feet of retail and office space that have been owned, managed and developed, The Breeden Company is one of the premier real estate development firms in the nation. Breeden Realty is one of the top commercial real estate firms in Virginia (Virginia Business, 2021); Breeden Property Management is one of the top multifamily property management firms in the country (Multi-Housing News, 2021); Breeden Construction, the much-acclaimed multifamily general contractor for numerous third-party clients, is one of the top multifamily builders in the country (Multi-Housing News, 2020).