This mixed-use development site is located in a rapidly transitioning development zone just minutes from the region’s primary economic drivers: the downtown CBD, waterfront & downtown cultural and entertainment districts, major port activities, and the Norfolk Naval Station. The to-be-built, Class-A, market-rate rental project will include 258 units with 9,100 SF of retail, a full amenities package and structured/on-street parking. 1500 Monticello is adjacent to the established leafy Ghent historic neighborhood and is a 5-minute walk to the vibrant 21st Street mixed-used corridor (commercial, retail and restaurant uses).
- Location: Norfolk, VA
- Use: Multifamily,
- Role: Master Developer/Owner
- Program: 258 units of Class-A market-rate apartments, 9,100 SF of retail space, 442 parking spaces (418 garage and 24 on-street spaces).
- Program Cost: $42 M
- Development Team: KTGY Architects,
Branch Construction, Alliance Engineers, VHB, InSites