Richmond, Va. – May 7, 2024  Breeden Construction is pleased to announce it has been awarded the contract to serve as the general contractor for Phase 2 of Lexington Place, “Lexington Senior Apartments,” in Portsmouth, Virginia. Richman Lexington Senior Apartments, LLC is the developer for the project.

The Phase 2 development, “Lexington Senior Apartments,” will consist of 105 affordable apartments, available to seniors earning less than 30-60% of the area median income (AMI). This project will also include trails throughout the property, a grilling station for resident use and spaces for vocational and rehabilitative services for applicable seniors. The development overall will comply with National Green Building Standards and is expected to be completed in late 2025.

“We are honored to serve as the general contractor for the ongoing affordable housing efforts in Portsmouth, Virginia,” shared Breeden Construction President Brian Revere. “There is no denying there is a critical need for more affordable housing and, together with our developers, Breeden Construction looks forward to boosting the supply of affordable homes in the Portsmouth Community.”

With offices in Richmond and Virginia Beach, Breeden Construction is ranked by Building Design + Construction (2023) as one of the top general contractors in the nation.

ABOUT BREEDEN CONSTRUCTION

Richmond, Virginia based Breeden Construction is a design and build general contracting company committed to construction excellence, creativity, and industry leadership. The firm has been providing general contracting services for The Breeden Company’s own portfolio for more than five decades. In that time, Breeden Construction has constructed over 25,000 multifamily units, over 2 million square feet of commercial, retail and mixed-use space, countless tenant improvements and up-fits, numerous residential subdivisions and 1,700 residential homes. In 2011, Breeden Construction opened services to third-party clients in need of its expertise in all phases of the design, building and development of multifamily, mixed-use communities, commercial office and retail properties and tenant up-fits. The vast capabilities of Breeden Construction have made them one of the most dynamic firms of its kind in the country.

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