Breeden breaks ground on Richmond apartments
$21M expansion adds 120 apartments to Village at Westlake
The Breeden Co. has broken ground on a $21 million expansion at The Village at Westlake Apartments in Richmond, the Virginia Beach-based real estate development and management company announced Wednesday.
The complex currently has 252 units across 12 buildings. The expansion will include five buildings with 120 two- and three-bedroom apartments between 1,177 and 1,490 square feet. Breeden will add another seasonal outdoor pool and clubhouse, fitness center and business center.
Breeden Construction is the general contractor. The expansion is expected to be completed in April 2023.
After its initial opening in 2018, the community’s leasing rate has remained around 98% occupancy and was the fastest lease-up in company history, according to Breeden.