We create great places.

With an eye toward community revitalization, we are a real estate development firm with a passion for suburban and urban infill mixed-use projects and historic rehabilitation across the Southeast.

  • A first impression.

    Sellers, investors, and our partners trust LBD to deliver transformational real estate projects matched by stable returns. In communities throughout Virginia, we have a track record of using local assets, drawing on regional inspiration, and creating spaces that promote people’s health, happiness, and well-being.

  • A second look.

    Where others pass, we see promise. We take a creative look at overlooked properties, and consider various uses, employ financing tools like historic or low-income tax credits, and bring to life responsible, impactful community development. We often navigate complex political and zoning challenges with our partners to make projects work for everyone.

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Leading impactful, catalytic projects across the Southeast.

Highlighted communities

Fort Monroe Lofts

With the backdrop of Fort Monroe’s historic stone walls, our adaptive reuse apartment community in Hampton Roads offers a stimulating campus in a safe, park-like setting on one of North America's most significant landmarks. Visit our dedicated project page.

Stone Ridge Crossing

Stone Ridge Crossing in Harrisonburg combines all the convenience of an apartment with the freedom of owning your own home. Our cottage-style residences offer the perfect combination of space, amenities and services for a worry-free lifestyle. Here’s more.

Coalfield Reserve

A luxury apartment development containing 310 units in the affluent Midlothian submarket of Richmond, Va. Experience it.

Additional projects

  • Peanut Crossing | Suffolk, Va.

    Adaptive re-use of a peanut factory complex into 58 luxury loft-style apartments that offer convenient and upscale living with many modern amenities. Further development is ongoing and will include up to 225 apartments and commercial uses. Read more.

  • Winchester Grove | Winchester, Va.

    Redevelopment of a historic apple warehouse facility site into a walkable, mixed-use community with more than 440 residential units and supporting neighborhood commercial uses. Includes historic and new construction apartments — plus an urban winery and beer garden. Read more.

  • Multi-Family Community | Lexington, Va.

    Intentional real estate development to create 62 multi-family apartments on city-owned property, just a short walk from downtown. Read more.

  • Pulaski Lofts | Pulaski, Va.

    Redevelopment of a historic school into 95 apartments. Located in a residential area overlooking downtown, the property will offer a community center, club room, and is just a short walk to shops and restaurants. Read more.

  • Woodstock Lofts | Woodstock, Va.

    Adaptive reuse of historic bank and school buildings into 17 apartments and two commercial spaces. Read more.

  • Vint Hill Lofts | Warrenton, Va.

    Adaptive reuse of Cold War-era historic military barracks into 183 apartments. One part of the former top-secret military base, Vint Hill Farms Station, was largely classified throughout its lifespan (1942-1997). Read more.

  • Rock Hills | Henrico, Va.

    A single-family detached infill residential development.

About Us

LBD Investments is a Virginia-based real estate development firm focused on transforming overlooked infill opportunities into impactful community places. Through our nimble entrepreneurial approach and strategic partnerships, we deliver thoughtful, high-quality projects statewide. Our principals have more than two decades of experience in the real estate industry and have been involved in over $500 million worth of real estate projects.