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Castle, Pembroke partner on Va. Beach apartments

In a joint venture, Charlottesville-based Castle Development Partners and Virginia Beach’s Pembroke Square Associates will build a 12-story apartment complex as part of Pembroke Mall’s $200 million redevelopment in Virginia Beach.

The complex will be on top of the existing Stein Mart building, with about 35,000 square feet of ground-level retail, a four-story parking garage with nearly 600 parking spaces and 322 one-, two- and three-bedroom apartments. The apartments will be 550 to 1,800 square feet with amenities such as a saltwater infinity pool, 2,500-square-foot fitness center, yoga studio, 7,000-square-foot clubroom and entertainment center, rooftop terrace with a dining room and coworking space on each floor.

Construction will start in March 2023, and the complex is set to open in spring 2025. Charlottesville-based Mitchell Matthews Architects will be the project architect, and Kimley-Horn and Associates Inc. will provide civil engineering.