Virginia Beach, VA – May 20, 2025 – Franklin Group (FG), a family-owned development and management firm with deep roots in Hampton Roads, has secured a unanimous rezoning approval from the Hampton City Council for a 215-unit apartment community in the Coliseum Central District. Targeting working professionals on the Peninsula, including those at Langley AFB and NASA Langley, the project now heads to the Hampton City Council for final review. The development features a two-story clubhouse, resort-style pool, landscaped gardens, and resilient design that embraces Hampton’s waterfront beauty, with direct pedestrian access to Waterwalk Park, connecting residents to the Hampton Coliseum, Peninsula Town Center, and Air Power Park.

This development advances Franklin Group’s mission to build vibrant communities through innovative vision, strong partnerships, and community engagement. By delivering high-quality housing tailored to the Peninsula’s workforce, the project aligns with Hampton’s 2040 Comprehensive Plan, fostering sustainable growth and creating a welcoming environment where residents will thrive.

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About Franklin Group

Franklin Group is a nationally recognized multifamily development and management company headquartered in Virginia Beach, VA. With a rich history of successfully building and operating conventional, senior, and affordable housing, the company has cultivated an extensive portfolio that includes approximately 250 properties (37,000 units) located in 10 states and Washington, D.C. The Franklin Group has left an indelible impression on the multifamily real estate landscape along the eastern seaboard. With its steadfast commitment to community engagement and philanthropy, The Franklin Group’s impact extends considerably beyond property management, enhancing the lives of people and strengthening communities.