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.
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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.
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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.
Leading impactful, catalytic projects across the Southeast.
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. Learn more.
Stone Ridge Crossing
Stone Ridge Crossing in Harrisonburg combines the convenience of an apartment with the freedom of owning your own home. Cottage-style residences offer the perfect combination of space, amenities and services for a worry-free lifestyle. Learn more.
Bainbridge Midlothian
Built on a greenfield site that included several challenges to development, Bainbridge Midlothian is a luxury apartment community containing 310 units in an affluent Richmond submarket. Learn more.
Elwood on Main
High Point, N.C.
A catalyst to High Point's downtown revitalization efforts, the nine-story Showplace West — listed on the National Register of Historic Places — will be converted into a 143-unit luxury multifamily community with first-class amenities and neighborhood commercial spaces. Federal historic tax credits and the North Carolina Mill Rehabilitation Tax Credit make the project a viable opportunity for redevelopment. Under Construction and opening in mid-2027. Learn more.
Additional projects
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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. Learn more.
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Pulaski Lofts | Pulaski, Va.
Redevelopment of a historic school into 103 apartments in a charming setting overlooking downtown. Learn more.
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Winchester Grove | Winchester, Va.
Redevelopment of a historic apple warehouse facility site into a walkable, mixed-use community with more than 440 residential units. Learn more.
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28th Street | Newport News, Va.
Rising 15 stories, this waterfront tower represents a significant investment in downtown Newport News' continued revitalization. Learn more.
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Woodstock Lofts | Woodstock, Va.
Adaptive reuse of historic bank and school buildings into 17 apartments and two commercial spaces. Learn more.
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Vint Hill Lofts | Warrenton, Va.
Adaptive reuse of Cold War-era historic military barracks into 183 apartments. Learn more.
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Rock Hills | Henrico, Va.
A single-family detached infill residential development.
Thoughtful, placemaking projects.
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.
