The Breeden Company Announces Land Purchase In Norfolk, Virginia
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.
Nationally recognized, with 60 years of expertise in every facet of the industry, The Breeden Company is a vertically integrated real estate development company that boasts market-leading divisions including commercial real estate, multifamily property management and construction. With a portfolio of over 15,000 apartments that have been owned, managed and developed, as well as over 2 million square feet of retail and office, 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).