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Rehabs start for apartment properties transitioning from public housing

The renovations are part of an effort to move the units from the RRHA to private landlords, who would use a project-based voucher program to rent to Section 8 residents. ....

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Virginia Beach developer is expanding its headquarters

Virginia Beach developer is expanding its headquarters
Trevor Metcalfe, The Virginian-Pilot
A major player in the Hampton Roads development scene is taking a literal hands-on approach for its newest project: expanding its own office building.
The Breeden Company, a Virginia Beach-based developer with a portfolio of more than 15,000 apartments, plans to break ground this summer on a $2.4 million, 6,558-square-foot expansion project on the building, which is on Lynnhaven Parkway, just off Interstate 264.
The arrangement gives Breeden extensive control over the project timeline, said Tim Faulkner, chief operating officer.
“We have our own construction company,” Faulkner said. “The only part of it we can’t control is the governmental approval process, but we can stay on top of it probably better than most corporate folks can.” ....

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Project Snapshot: First phase of Stony Run condos nears completion

Project Snapshot: First phase of Stony Run condos nears completion
April 16, 2021
The completed half of Stony Run Condominiums, with the footprint for the rest of the development visible beside it. (
Photos courtesy of Hometown Realty)
A condominium development taking shape in Hanover has reached a halfway point, adding to the county’s for-sale housing stock at an opportune time.
Developers are putting the finishing touches on the first phase of Stony Run Condominiums, a 171-unit complex rising on about 15 acres at 10520 Stony Bluff Drive. The site is along Lakeridge Parkway off Sliding Hill Road, just north of the Henrico County line near Virginia Center Commons. ....

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