Breeden Construction Announces Construction Completion of $9.2 Million Affordable Housing Community in Petersburg, Virginia

RICHMOND, VA - Breeden Construction is proud to announce the completion of Pecan Acres, a revitalized affordable housing community in Petersburg, Virginia. The project was completed for developer Petersburg Redevelopment & Housing Authority (PRHA); Breeden Construction served as general contractor.

The $9.2 million project began in March 2021 with demolition of the older multifamily buildings. Development included ground-up construction of five buildings, consisting of a total of 50 townhome and garden-style apartments, as well as a clubhouse complete with community meeting room.

The new Pecan Acres residences include stainless-steel appliances and luxury vinyl tile flooring. The revitalization project is part of Petersburg Redevelopment & Housing Authority’s and the city of Petersburg’s comprehensive plan to rejuvenate and develop more communities in the city.
“We are honored to serve as general contractor for Pecan Acres at a time when access to affordable housing is so vital,” said Breeden Construction President Brian Revere.

Breeden Construction also serves as general contractor for another Petersburg Redevelopment & Housing Authority community, Pin Oaks. Construction is scheduled to be completed by the end of Spring 2023.

With offices in Richmond, Virginia Beach and Charlottesville, Breeden Construction is ranked by Multi-Housing News as one of the largest multifamily developers 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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