VIRGINIA BEACH, VA
Located in the Seatack neighborhood of Virginia Beach, Atlantis Apartments was originally built in the 1970s and today is home to over 600 residents across 208 apartments.
Fairstead acquired the property in 2021 and began extensive renovations on the building. In addition to upgrading the existing amenities, which included a daycare, laundry facilities, basketball courts and playground on-site, a community garden, fitness center, and computer room and library were added to the property — all free for residents. The community also has a full-time Resident Services Coordinator (RSC) to connect families to social services and programming in the community. The RSC provides tailored case management services to residents in addition to bringing in regular programming and activities, including the Reading Bus to promote childhood literacy, health screenings, and more.
In addition to the top-to-bottom refresh of every home, Fairstead facilitated the neighborhood’s first public-private collaboration to bring vital services from more than 20 local organizations to Atlantis residents. These organizations included the Seatack Civic League, Virginia Beach Public Libraries, Palms Church, Department of Education, Housing & Neighborhood Preservation, Parks & Recreation, Department of Health, and law enforcement.
Fairstead also hosted Atlantis Community Days in 2021 and 2022 which brought together elected officials, and civic and religious organizations to the property. At 2022’s Atlantis Community Day event, Mayor Robert Dyer proclaimed September 17, 2022 to be Atlantis Community Day in the City of Virginia Beach and said he “can’t think of a better example of how a village of community partners has come together along with the Fairstead organization and used their knowledge and resources to make this community a place that residents can truly be proud to call home.”
This property was made possible using the Low-Income Housing Tax Credit. The property was developed by Fairstead and financing was facilitated by Wells Fargo Community Lending and Investment.