VIRGINIA BEACH, VA – October 28, 2021– Lawson is honored to announce that The Retreat at Harbor Pointe Apartments have been awarded the Hampton Roads Association for Commercial Real Estate 2021 Best Multifamily/Commercial Housing Project Merit Award.
Established to identify, encourage, and reward excellence in development design, the HRACRE Excellence in Development Design Awards recognize outstanding development projects in the Hampton Roads, Virginia area.
The Retreat at Harbor Pointe is a 100% affordable 246-unit LIHTC (Low Income Housing Tax Credit) multifamily community on the historic Elizabeth River waterfront developed to provide Class-A living for families in need of affordable housing. The Retreat offers 150 two-bedroom, two-bath and 96 three-bedroom, two-bath apartments, comparable in size to market-rate units to families earning 60% AMI (Area Median Income) or below. Fifty units include Section 8 Project Based Vouchers and thirteen are Section 504-compliant ADA units for residents with disabilities.
This modern riverfront community features EarthCraft Certified energy-efficient construction and luxury amenities including a resort-style pool with sundeck and river views, community clubhouse, state-of-the-art fitness center, elevators, modern kitchens, energy-efficient appliances, granite countertops, water-conserving fixtures, patios and balconies, and direct access to an elevated handicapped accessible waterfront boardwalk.
Proximity to public transportation including buses and The Tide light rail makes downtown Norfolk and area shopping, dining, culture, entertainment, and employment accessible.
The Retreat is an eco-friendly development, recognized as an Elizabeth River Project River Star Business. Landscaping includes salt-tolerant native reeds, riprap for erosion prevention, and oyster castles under the boardwalk to help naturally cleanse the river. Cleanup projects organized by Lawson have removed over 3,400 pounds of trash and debris from the riverbank.
This is the second consecutive year Lawson has been recognized with a HRACRE Excellence in Development Design Merit Award. Lawson’s Seaside Harbor development in Virginia Beach received the award in 2020. Lawson was also recently recognized as Developer of the Year in the 2021 Viridiant Building Sustainability Awards. Additional recent recognition for The Retreat at Harbor Pointe includes the 2021 NOVOGRADAC Development of Distinction in Family Housing Award, 2021 Coastal Multifamily Housing Council Awards of Excellence Gold Award, and 2021 Coastal Virginia Building Industry Association Best in Coastal Living Award.
“The vision for all of our workforce housing communities is high quality rental housing for families who need it.”, said Lawson Chairman, Steve Lawson. “One of the things that is really special about The Retreat at Harbor Pointe is that it’s truly indistinguishable from nearby market-rate communities. The Retreat offers a waterfront location and luxury amenities just a stone’s throw from downtown Norfolk and our rents here are literally half of what some downtown apartments are charging.”
At Lawson, we understand that what we do – and how we do it – affects the everyday lives of people we care about. Since 1972, we’ve focused on positively impacting the communities we serve, from team members and residents to investors and business partners. We manage and own nearly 6,000 apartment units and continue to grow with approximately 1,200 units in development. Our business model provides vertical integration of development, construction, property management and asset management, which enables our team of experts to add value at every stage for our partners. When you act with integrity, focus on quality and work to find creative solutions, great things are possible. It’s how we’ve done business at Lawson for over 45 years. For more information please visit www.lawsoncompanies.com.
HRACRE provides a unified voice for the commercial real estate industry in Hampton Roads by educating its members on relevant issues, advocating for local, regional and statewide legislative initiatives, promoting economic development, creating an environment in which members can build relationships, and mentoring the next generation of real estate professionals. For more information, visit www.hracre.org.