Apartment complex set for expansion, upgrades

By Michael Buettner, Staff Writer

One of the county’s biggest apartment complexes is about to get bigger, and residents will get to enjoy some upgraded and modernized amenities.

The Board of Supervisors has approved a request by BPP Jefferson Pointe LLC to rezone two parcels adjoining the Jefferson Pointe apartment complex off Jefferson Park Road to add two new 24-unit buildings. The parcels, which face Jefferson Park Road at the intersection with Baileys Ridge Lane, were originally slated for commercial use.

In addition, the company plans to raze the existing clubhouse and add another 24-unit building on the site. A new, larger clubhouse with a fitness gym and swimming pool will replace the existing structure.

The complex is one of three located near the Shop Road entrance to Fort Lee, and the company’s representative, attorney Ann Neil Cosby, said the plan is to serve military and contract workers for the Army base.

Leases of three, six and nine months will be available to meet Fort Lee’s need for short-term or transitional housing for workers and soldiers, Cosby told the board during the public hearing on the proposal late last year. Units are expected to rent for $850-$1,000 a month.

John Royster, master planner in the Department of Public Works at Fort Lee, told the board that Fort Lee “fully supports” the project.

BPP Jefferson Pointe, which is based in Plantation, Fla., has agreed to pay the county a cash proffer of $1,366 per unit to offset the impact of the added residents on county facilities and services. The funds will be used to pay for improvements at L.L. Beazley Elementary School.

Board members expressed concerns about the potential for the additional residents to increase the workload for the county’s police and fire/EMS departments, but Police Chief W. Keith Early said his department doesn’t expect a major impact.

The possibility of increased traffic was also a concern, but the county staff noted that the Virginia Department of Transportation has reviewed the plan and doesn’t believe the additional traffic will be enough to create problems.

To address supervisors’ insistence that the company provide a high-quality product, BPP Jefferson Pointe has agreed to written conditions requiring that the new units “will be well-appointed with interior finishes such as stainless steel appliances, crown molding, trey ceilings and kitchen islands and decorative backsplashes.”

Other conditions specify the materials and standards for the buildings’ exteriors.

Construction is currently expected to start sometime this spring.

Brant Point Properties recently acquired two apartment complexes in Newport News VA, adding an additional 504 units to its portfolio. The properties were both built in 1974, and the Company has implemented an extensive renovation and refurbishment plan for each which will be completed over the next 24 months.

The Reserve at Deer Run which contains 232 units is located at 13200 Christy Lane, and has a pool and fitness center on premises. Newport Commons, which contains 272 units is located at 401 Turlington Road, also has a fitness center and will feature a newly-renovated pool for the 2017 season.

Brant Point Properties Property Management has assumed the management for both assets.

Brant Point Properties recently acquired three Class B multifamily properties totaling 504 units in Fayetteville, NC.

The three properties, Meadowbrook Apartments – 186 units, Stoney Ridge 108, and Carlson Bay – 214 units all were built in 2001.  Each property has a pool, and fitness center on premises.

Brant Point Properties Property Management has assumed management of the assets.

Brant Point Properties recently acquired Jefferson Point, a 220-unit Class B multifamily property in Prince George, a suburb of Richmond, VA.  The Company will be providing modest renovations and updates to the asset to bring it in line with its competitive set.

The property was originally built in 2000, and has a pool, fitness and activity center on premises.

Brant Point Property Management, an affiliate of Brant Point Properties will assume management of the asset.