VIRGINIA BEACH, VA - The long-anticipated Pinnacle on 31st Street is officially open. The Breeden Company, the nationally recognized Virginia Beach-based real estate development firm, is excited to celebrate the grand opening of its newest $66 million luxury multifamily community in the Virginia Beach Oceanfront area. Breeden Construction served as general contractor on the project, and The Breeden Company’s Property Management division is managing the property.
“There is nothing like this property in the sub-market,” exclaimed The Breeden Company CEO Tim Faulkner. “The amenities are unparalleled. We are also proud to have developed yet another luxury project in Virginia Beach, allowing residents more access to the Oceanfront area and investing more dollars into the City.”
The property is in the ARTERY corridor at 31st Street. Pinnacle offers 240 one-, two- and three-bedroom luxury apartments, including several penthouse layouts. The single building is set on 2.264 acres. Units range in size from 775 square feet to 1,391 square feet. Amenities include a clubhouse with a resort-style lobby, co-working spaces, a 24-hour state-of-the-art fitness center, multiple rooftop lounges, rooftop dog park, a pool with a lazy river and multiple lounge areas.
ABOUT THE BREEDEN COMPANY: Nationally recognized, with more than 60 years of expertise in every facet of the industry, The Breeden Company is a vertically integrated real estate development organization that boasts market-leading divisions including commercial real estate, multifamily property management and general contracting. With a portfolio of over 20,000 apartments and 2 million square feet of retail and office that have been owned, managed, developed and general contracted, The Breeden Company is one of the premier real estate development firms in the country. Breeden Realty is one of the top commercial real estate firms in Virginia (Virginia Business, 2023); Breeden Property Management is one of the top multifamily property management firms in the country (Multi-Housing News, 2023); Breeden Construction, the much-acclaimed multifamily general contractor for numerous third-party clients, is one of the top multifamily builders in the country (Multi-Housing News, 2023). For more information regarding The Breeden Company, visit www.thebreedencompany.com.