Virginia Beach, VA
East Beach Village Square
$6m
Size
54
Units
Virginia Beach, VA
Market
- Opportunity Zone equity investment
- Newly constructed mixed-use development in established, beachfront community
- 54 multifamily units in a mixture of 1, 2, and 3 bedroom units
- 7,773 SF of ground-floor commercial space
- Amenities include clubhouse, library, meeting rooms, a pool, a fitness center, tennis courts, parks, and a farmer’s market
- Walking distance to Chesapeake Bay
John B. Levy & Company, Inc. raised the equity to develop East Beach Village Square, the final phase of the master-planned East Beach Community. The development is expected to consist of seven-buildings with more than 125,000 square feet of multi-family space, 9,589 square feet of retail shopping space and 5,742 square feet of Class A office space.
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