The Franklin Group is opening the door to Affordable Living for Virginia Beach Seniors
February 24, 2026
Franklin Group News
Franklin Group, a recognized leader in affordable housing and luxury community development, is proud to break ground on Grand Lake Crest, a 172 unit senior community for residents age 62 and older located at 5370 Virginia Beach Boulevard, Virginia Beach, VA 23462.
Grand Lake Crest will deliver 71 one bedroom homes and 101 two bedroom homes, expanding access to high quality, attainable housing options for seniors in our community.
As the first development to be awarded the Virginia Beach Attainable Workforce Housing Performance Grant, Grand Lake Crest stands as a landmark achievement for Franklin Group and a powerful example of innovation in local housing through strong public and private collaboration.
Residents will benefit from a thoughtfully crafted amenity package including a community meeting room, game room, fitness room, secure gated access, on site rental office, community garden, water frontage, pickleball court, dog park, and fire pits with seating areas designed for relaxation and social connection. Coming 2027.