Construction to start on $66M Pinnacle Apartments in Virginia Beach, VA

For Immediate Release: April 11, 2021

The Breeden Company, the nationally recognized Virginia Beach-based real estate development firm, announced today that construction is underway on The Pinnacle on 31st Street, a $66 million multifamily project at the Oceanfront area of Virginia Beach. Breeden Construction will serve as general contractor on the project. The Breeden Company’s Property Management division will manage the asset once construction is complete. The project is located in the ARTERY corridor at 31st Street.  

“There is nothing like this property in the sub-market,” says Tim Faulkner, Chief Operating Officer of The Breeden Company. “The amenities are unparalleled. We are also proud to develop yet another luxury project in The City of Virginia Beach, allowing residents more access to the Oceanfront area and investing more dollars into the City.”

The Pinnacle on 31st Street will offer 240 one, two, and three-bedroom luxury apartments including several penthouse layouts. The single building is set on 2.264 acres. Units range in size from 775 square feet to 1,391 square feet and will be available in early 2023.

Amenities include a clubhouse with a resort-style lobby, co-working spaces, a 24-hour state-of-the-art fitness center, multiple rooftop lounges and rooftop dog park, and pool with lazy river and multiple lounge areas.

With a project of this caliber there was only one suitable name, “The Pinnacle.”

The Breeden Company has assembled an exceptional team to execute this project:

Breeden Construction (Virginia Beach, VA) – Construction and Development
Breeden Management (Virginia Beach, VA) – Leasing and Property Management
Tymoff+Moss (Virginia Beach, VA) – Architect

Lu Gay Lanier – Landscape Architect

Structural Consulting Group (Alpharetta, GA) – Structural Engineer

Vrettos Pappas Consulting Engineers (Charlotte, NC) – PME Engineer

Shelton Taylor & Associates (Charlotte, NC) – Interior Decorator


To follow the Pinnacle project, visit

Posted in: Announcements, Company, Construction
About The Breeden Company

Nationally recognized, with 60 years of expertise in every facet of the industry, The Breeden Company is a real estate development firm that boasts a portfolio of over 15,000 apartments that have been owned, managed and developed, as well over 2 million square feet of developed and managed commercial & office space. Since 1961, The Breeden Company has grown into one of the most dominant development companies in the country.

Media Contact

Christine Gustafson
Corporate Marketing & Public Relations Director