A landscaped pond with a fountain at the completed Greenview Residences community
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Case Study · Multifamily Development

Greenview Residences

by Kaufman & Company

A 350-unit multifamily community of apartments, townhomes, and lofts in Fredericksburg, VA, taken by Kaufman Development from land acquisition through property management, completed May 2024 three months ahead of schedule and six percent under budget.

OVERVIEW

Greenview Residences is a 350-unit multifamily development in Fredericksburg, VA, built by Kaufman Development, offering a mix of apartments, townhomes, and lofts designed to meet demand for modern, flexible housing within a single, master-planned community.

From the earliest planning stages, the project team built a disciplined framework around comprehensive feasibility and zoning analysis, transparent communication among developers, contractors, and local authorities, and a vendor roster selected for reliability and craftsmanship. That combination let the team catch risks early and keep every stakeholder aligned as the project moved from entitlement through delivery.

Greenview Residences was delivered in May 2024 — just over two years after breaking ground in February 2022 on land acquired in October 2021 — three months ahead of schedule and six percent under budget.

Developer
Kaufman Development
Unit Mix
Apartments, townhomes & lofts
Total Units
350
Location
Fredericksburg, VA
Timeline
Land acquired October 2021 · Groundbreaking February 2022 · Completed May 2024
Status
Delivered three months ahead of schedule and six percent under budget

THE CHALLENGE

A 350-unit community spanning three distinct housing types carries real complexity: extensive site infrastructure, phased construction across multiple residential buildings, and the logistics of sequencing apartments, townhomes, and lofts within one overall project timeline. Any one of those variables can slip a schedule or strain a budget on a development this size — and on Greenview Residences, the team had to manage all of them at once, while keeping every unit to the same standard of durability and design.

THE APPROACH

Kaufman Development managed Greenview Residences through adaptive project management: real-time adjustments to budget and timeline targets that kept the project moving and prevented the kind of delays that erode margin on a development this size. Rigorous financial oversight, including value engineering and negotiated vendor savings, kept expenditures within limits without compromising the quality of the finished units.

Precision scheduling and active risk mitigation ran throughout construction, paired with strong quality control protocols to confirm that every residential unit, across all three housing types, met the same standard before it was turned over.

RESULTS

Greenview Residences was completed three months ahead of schedule and six percent under budget, despite the project’s complexity and extensive infrastructure requirements. It now stands as a model of Kaufman Development’s core approach to multifamily execution — strategic foresight, operational discipline, and a finished community built to last.

350
Units delivered across apartments, townhomes & lofts

IN CONSTRUCTION

The Kaufman Development team walking the interior of a Greenview Residences building during drywall-stage construction
Greenview Residences apartment buildings under construction, wrapped in weather barrier
The courtyard between two Greenview Residences buildings during construction
Greenview Residences buildings under construction with materials staged on site
The Greenview Residences outdoor pool nearing completion, with grading equipment and a dirt stockpile still visible beyond the fence

FINISHED HOMES

A finished kitchen with stainless steel appliances and a tile backsplash in a completed Greenview Residences unit
A finished galley kitchen with dark cabinetry, granite countertops, and a stainless steel refrigerator, range, and dishwasher
A kitchen corner with a mosaic tile backsplash, dark cabinetry, and a stainless steel microwave and range
A furnished Greenview Residences living area with a teal accent wall, media console, and a view through to the kitchen island and a bedroom
A completed Greenview Residences bedroom with gray walls, carpet, and a large window
A bedroom with a ceiling fan, a glass patio door, and a tall window overlooking the parking area
A bedroom window with a view of the marina and surrounding buildings

COMMUNITY AMENITIES

The resident fitness center with elliptical and leg press machines, mirrored walls, and a wall-mounted TV
An indoor therapy pool with a tile surround, safety railing, and life ring
A shuffleboard table in the resident game room
The clubhouse lounge and seating area with nautical-themed decor, set up for a resident event
The business center with two computer workstations and a printer
A cluster of pendant lights hanging from the two-story clubhouse foyer ceiling
NEXT STEPS

Interested in a multifamily community like Greenview Residences?

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