For the last two decades BECO has undertaken one consistent long-term goal: to acquire, engineer, develop and build first class luxury apartments and commercial structures. This build-to-core strategy delivers long-term stability and success through consistent management by one team, from start to finish. BECO’s current development focus and energy is on a property in north Suffolk on Bridge Road.
North Suffolk, Virginia
Bridgeport is a walk-able community in North Suffolk with boutique retail suites, unique dining options, Class A office, upscale residences and an outdoor entertainment venue that embraces the local style and flavor of Coastal Virginia. Phase 1 is complete and work is underway for Phase 2 / Royal Sail.
- 150,000 Square Feet of Boutique Retail, Restaurants, and Class A Office
- 291 Multifamily Luxury Lifestyle Apartments
- 159 Luxury Apartment Homes for the 55+ Community
- 250+ additional Luxury Lifestyle Apartments in Phase 3
LEASING INFO:
For commercial leasing information, please see our LoopNet listing.
For residential leasing information, see our website.
Take a virtual tour of this exciting development!
Under Development
Bridgeport Phase 3 Apartments
250+ additional luxury lifestyle apartments will be built as part of the third phase of the Bridgeport Mixed-use development in north Suffolk. Includes the construction of a parking structure and community park.
Corolla, North Carolina
Approximately 3½ miles from paved roads, BECO is constructing 13 spacious 6 bedroom, 6½ bathroom homes in a rustic Corolla, North Carolina beach front community on the Outer Banks.
Tower Hill, Eastern Shore
In partnership with Virginia Builders, BECO is constructing single-family homes on the Eastern Shore of Virginia in the Tower Hill neighborhood.
Timber Preserve, Isle of Wight, VA
Planned 190 Single Family Homes and 90 Town-homes. Some home lots will be on Jones Creek with deep water access.
Build-To-Core Strategy
BECO’s development approach employs a build-to-core model tuned to the unique investment landscape present in target markets throughout Virginia. The build-to-core strategy involves:
- securing sites in prime locations,
- developing assets with appropriate amenities required to elevate the asset above prevailing area standards,
- leasing assets to high occupancy rates at market leading rents,
- holding assets to secure continued returns as core to our portfolio.
BECO’s leadership is a combination of traditionally educated and internally developed experts in the fields of development, estimation, engineering, finance, entitlement, design, construction, leasing, marketing, and technology. This vertically integrated team is experienced across all major asset types and operates as one of the most capable development companies in Hampton Roads.
BECO development projects include single-family housing, multi-family housing, light industrial & commercial warehouses, Class A office space, retail establishments, restaurants, and campgrounds.
BECO experts navigate the asset development and property management cycle from build-to-core. BECO has a pipeline of projects, focusing on expanding its role as a leading build-to-core developer in the Hampton Roads market.