NEWPORT NEWS—The City of Newport News and the Newport News Redevelopment and Housing Authority (NNRHA) recently broke ground on the first phase of construction of the City’s Choice Neighborhoods Initiative (CNI). The mixed-use development will feature apartments, townhomes, and retail space, and is a critical element in the revitalization of the City’s Southeast Community.
The development is part of Phase I of the City’s Choice Neighborhood Transformation Plan and is the result of a partnership between the City, NNRHA, the U.S. Department of Housing and Urban Development (HUD), Virginia Housing, the Virginia Department of Housing and Community Development, and Pennrose Development.
In 2019, the City of Newport News and Newport News Redevelopment Housing received a $30 million grant from HUD’s Choice Neighborhoods Initiative program. Funding is transforming the Marshall-Ridley area in the Southeastern Community, creating new housing options, community services, recreational opportunities, and parks.
Construction is expected to begin in mid-July, with an estimated complete date of late fall 2022. The $19.7 million project is being funded by the CNI grant from HUD, Affordable Housing Tax Credit, Home Investment Partnership dollars, State Vibrant Communities allocations, Virginia Housing Trust contributions, and city resources. Breeden Construction is constructing the project.
The completed facility will include 75 apartments (one-, two-, and three-bedrooms) and six townhomes. Approximately 46 percent of the units will be reserved for individuals or families who were displaced by the demolition of the CNI-target assisted apartments, which were subsidized by HUD. The remaining apartments will be rented at market rate.
The complex is located off Interstate 664 and is in close proximity to major employers and the City’s revitalized downtown area, which includes restaurants, amenities, a brewery, a distillery, and more.
Apartment features include a fourth-floor open-air community terrace and lounge, outdoor seating, play area, community room, fitness room, in-unit washers and dryers, and controlled access doors with security cameras. Pennrose Management will oversee the leasing and management of the building when it is completed.