Meridian Obici Apartments, Suffolk, VA
Client: Waverton Associates, Portsmouth, VA
Value: $27.5M
Year: 2015
- Redevelopment of the former 17-acre Obici hospital site
- 224 units in 7 buildings:
– 1 Bedroom Units 128
– 2 Bedroom Units 80
– 3 Bedroom Units 16 - Amenities include a clubhouse with fitness center, swimming pool, water feature, postal/carwash/maintenance/utility structure, and single-story garage buildings.
- Reservation Application for the 4% Tax-exempt Credits for tax-exempt bond financing for VHDA