Last updated on May 21st, 2024 at 07:34 am

Chesapeake, the second-largest city in Virginia, has a diverse community and a healthy job market. From modest homes to waterfront properties, Chesapeake also offers a diverse real estate market but is more expensive compared to nearby communities.

If you are investing in multifamily housing in Chesapeake, you’ll find top contractors located here and in neighboring towns such as Virginia Beach, Newport News, and Richmond. To help you pick the ideal construction firm for your needs, our team identified the best multifamily contractors serving Chesapeake. Each firm is selected based on its years of service, specialization, and strong client portfolio. Most of these contractors have been building homes for more than four decades and are known for delivering exceptional results.


Clancy & Theys Construction Company

11830 Fishing Point Dr. Suite #201, Newport News, VA 23606

Founded in 1949, Clancy & Theys Construction Company offers high-quality construction services from five locations, including Newport News, Virginia, near Chesapeake. The firm has completed a diverse array of projects, including multifamily communities, hotels, office buildings, and religious structures. With extensive knowledge and experience, the company also specializes in renovation and preservation of historic properties, and adaptive reuse.

During their 73-year history, they have grown to be a cornerstone of the Southeast’s construction market—particularly in the multifamily sector. Clancy & Theys has received numerous recognitions and was named by ENR as one of the Top 200 Contractors. They are currently constructing Summit Pointe, a large, multi-phased mixed-use community located in Chesapeake. Featured in this article are the Blocks 1 and 2 of the project, which includes luxury apartments, retail, an office building, parking, and high-end streetscapes. The apartments consist of high-end finishes, keyless access, a rooftop sky lounge with outdoor fireplaces, a fitness center, and a 25,000-square-foot ground floor retail. Summit Pointe’s Helix Apartments recently received the Associated Builders and Contractors Virginia Chapter’s Merit Award of Excellence in the Residential Multi-Family category.


Breeden Construction

228 N. Lynnhaven Pkwy, Virginia Beach, VA 23452

Breeden Construction provides full­-service general contracting services for homeowners throughout Virginia Beach, Chesapeake, and nearby cities. Since  1972, the company has been providing exceptional building solutions to homeowners and is known for its keen attention to detail. For nearly half a century, the company has worked on more than 10,000 apartments and millions of square feet of commercial and office spaces. From residential homes to tenant improvements, this reliable contractor has developed a strong client portfolio.

Breeden Construction’s services include third-party clients. Specializing in building multifamily, mixed-use, commercial, and retail projects, the firm is directly involved in all areas of the project from the ground up to completion. The multifamily contractor has established an efficient system for handling the most complex issues, using a precise and calculated approach. From 2015 to 2019, Breeden Construction won the Gold award for Communities completed between 2015 to 2019.


VIRTEXCO Corporation

7840 Forest Hill Ave, Richmond, VA 23225

Virtexco is a trusted multifamily contractor in Richmond and has been serving clients across Hampton Roads, Chesapeake, and nearby communities for 45 years. The company offers design-build, preconstruction, construction management, and value engineering services. The employee-owned firm is composed of a team of dedicated and talented specialists who have decades of knowledge and expertise in all facets of construction. Offering a full range of construction services, the firm is known for delivering projects on time and within budget.

Since 1976, Virtexco has completed many successful projects, including more than 120 historic renovations. The company’s staff is equipped with the latest tools and advancements in home building and historic preservation. With a strong commitment to sustainability, the firm specializes in green building practices, with certifications from Green Globe and Leadership in Energy and Environmental Design (LEED). The Ocean Way Condos in Virginia Beach is one of the firm’s prominent projects. For this property, Virtexco was tasked with renovating the exterior of the building, including the installation of fixtures.


Covington Contracting

152 Newtown Rd Suite #120, Virginia Beach, VA 23462

Since 1982, Covington Contracting has been building the finest homes across Hampton Roads and Chesapeake. The firm specializes in custom homes, remodels, renovations, historic preservation, and land development. The company also has extensive experience in constructing multifamily homes, including apartments, condominiums, and townhouses. Since its start, the firm has renovated more than 1,500 apartments throughout Virginia Beach and Newport News, with projects valued at over $225 million. 

Recognized for delivering a high standard of service, Covington Contracting works with the top architects, engineers, and subcontractors in Virginia. With its strong network of industry partners, the firm is fully equipped to provide superior craftsmanship and service at a reasonable rate. Many of the firm’s projects are located in distinguished neighborhoods in Norfolk, Portsmouth, and Suffolk. From single-family to multifamily units, the company is known for developing homes for the high-end market.

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