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Gilbane selected as developer for $1 billion multifamily project in Norfolk, Virginia

Transformation of public housing site expected to house more than 1,000 units
The project plans to remake the Calvert Square and Young Terrace neighborhoods in Norfolk, Virginia. (CoStar)
The project plans to remake the Calvert Square and Young Terrace neighborhoods in Norfolk, Virginia. (CoStar)
CoStar News
August 12, 2025 | 3:10 P.M.

Norfolk, Virginia, has picked a lead development partner for a $1 billion project that officials say will reshape the residential landscape near the city’s downtown.

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