A National Developer

October 1, 2024

The Breeden Company Begins Construction on Phase II of The Allure at Jefferson Apartments

The Breeden Company today announced they have started construction on phase 2 of The Allure at Jefferson Apartments in Fredericksburg, VA. Breeden Construction has been awarded the contract to serve as the general contractor.

The phase 2 development includes four new buildings with 112 new apartment units located at 4660 Monroe Way as part of The Allure at Jefferson luxury apartments. The total unit count, once complete, will be 450 units. The first apartment units are expected to be completed by December 2024.

The new phase will include granite countertops, smart home technology in each home and a front door valet trash service.

The Breeden Company completed construction on The Allure at Jefferson Phase 1 in December 2020, which included 338 units and is fully leased.

Preleasing of Phase 2 is expected to be available in November.

About The Breeden Company

Nationally recognized, with over 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 construction. With a portfolio of over 20,000 apartments and 2 million square feet of retail and office space that have been owned, managed and developed, The Breeden Company is one of the premier real estate development firms in the nation. Breeden Realty is one of the top commercial real estate firms in Virginia (Virginia Business, 2021); Breeden Property Management is one of the top multifamily property management firms in the country (Multi-Housing News, 2021); 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, 2020).
Media Contact
Christine Gustafson
Vice President of Marketing & Public Relations
Email
(757) 486-1000
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