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The Breeden Co. completes $43M apartment complex in Norfolk
Multifamily community will feature 198 units
Josh Janney //April 25, 2025//
Lake Taylor Pointe Apartments in Norfolk were completed in April 2025. Image courtesy The Breeden Co.
Lake Taylor Pointe Apartments in Norfolk were completed in April 2025. Image courtesy The Breeden Co.
The Breeden Co. completes $43M apartment complex in Norfolk
Multifamily community will feature 198 units
Josh Janney //April 25, 2025//
Virginia Beach-based real estate development firm The Breeden Co. announced April 24 that it has completed construction of a 198-unit multifamily community in Norfolk, located near Norfolk International Airport.
Breeden was the general contractor on the $43 million project, located at 1060 Kempsville Road. Known as Lake Taylor Pointe Apartments, the development has carriage house-style buildings as well as a resort-style pool, outdoor meeting areas, a fitness center, arcade room and bark park for dogs.
“We are incredibly excited to be a part of the Lake Taylor community,” Breeden CEO Tim Faulkner said in a statement. “Lake Taylor Pointe evokes feelings of serenity and seclusion while also providing residents with the convenience of easy access to employers, local retailers and more.”
Breeden Construction President Brian Revere said in a statement the project was delivered “on time and on budget.”
According to the Lake Taylor Pointe website, the units range between 723 and 1,383 square feet.
Headquartered in Virginia Beach and founded in 1961, The Breeden Co. has a portfolio of over 25,000 apartments and 2 million square feet of retail and office that have been owned, managed and developed.
