Breeden finishes projects in Albemarle, Chester, Petersburg
Also breaks ground on Va. Beach apartments
The Breeden Co. has completed construction on an 10-building apartment community in Albemarle County and has broken ground on a Virginia Beach apartment complex, and its subsidiary, Breeden Construction, has finished apartment communities in Chester and Petersburg.
Completed in June, Berkmar Landing apartments in Albemarle has 261 units: 53 one-bedroom units, 172 two-bedroom apartments and 36 three-bedroom units. About 94% have been rented, according to the company.
Construction on the $54.6 million project began in December 2020. It’s the first Breeden property in the Charlottesville area and is located at 1100 Monacan Lane.
In Virginia Beach, the developer broke ground earlier this month on Ascend at Hilltop, a $46 million multifamily project. Breeden Construction is the general contractor on the project and Breeden’s property management division will manage it once construction is finished.
Located off Laskin Road, the community will have 115 two- and three-bedroom apartments, ranging from 1,128 square feet to 1,416 square feet. The first units are expected to be completed in fall 2024.
Breeden Construction finished work on The Station, a luxury apartment community at 4101 Runner Loop in Chesterfield County that it served as general contractor on. The $27.5 million project began in March 2021 and has five buildings with 65 one-bedroom apartments, 126 two-bedroom units and 10 three-bedroom apartments, all ranging from 650 square feet to 1,300 square feet. The complex also has a 4,000-square-foot clubhouse, pool with cabanas and outdoor fireplace and grilling station.
In May, Breeden Construction finished a $16.8 million affordable housing project in Petersburg for the Petersburg Redevelopment and Housing Authority. Construction began in 2021 at the community located at 37 Slagle Ave.
Pin Oaks Estates has six buildings, with 98 one-, two-, three- and four-bedroom apartments, along with a clubhouse, on-site management office, a fitness center and computer lab.
Ninety-two of the original 150 apartments in the complex were demolished to make way for the new ones.