Stony Point Development Group

Name

Stony Point Development Group

Legal name

Stony Point Development Group

Website

https://stonypointdg.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Land Subdivision (23721), Nonresidential Building Construction (2362)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Mixed-use real estate development
• Adaptive reuse projects
• Multifamily residential development
• Commercial property leasing
• Sustainable building construction

Headquarters

HQ city

Charlottesville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Real Estate Development: Vertically integrated real estate development firm that acquires, builds and operates mixed asset development projects primarily focused on housing, office, and experiential retail. Generates revenue through ground-up development, acquisitions, construction management, asset management, and real estate acquisition.
2. Property Leasing and Management: Operating mixed-use properties including retail spaces, apartments, condominiums, and office spaces. Revenue generated from leasing residential units, retail storefronts, and commercial office space.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Stony Point Development Group is a vertically integrated real estate development firm that acquires, builds, and operates mixed-asset development projects. The company's portfolio includes Class A apartment communities, Class A office space, experiential retail and food halls, and master-planned mixed-use communities, with projects spanning Virginia, North Carolina, and Massachusetts. The firm manages the full project lifecycle from deal sourcing and acquisition through construction, leasing, and asset management.

Product overview

Stony Point Development Group is a real estate development firm offering a portfolio of mixed-use development projects including apartment communities (Boulders Lakeview, Crabtree Lakeside, 10th & Dairy, The River House Condos), food hall/mixed-use destinations (Dairy Market, Dairy Central), retail and commercial spaces (The Shops at Riverside Village, Freedom Drive Shops, Harwich Port Commons), and master-planned communities (Zion Town Center, Riverside Village). The company also develops hospitality/entertainment venues including Gordonsville Ice House Brewery. Projects span multiple states including Virginia, North Carolina, and Massachusetts, with certifications including LEED Silver, EarthCraft, and NAHB National Green Building Standard.

Differentiator

Problem solved

Functional benefit

Products and services

• Boulders Lakeview A 212-unit luxury Class A garden-style apartment community located in North Chesterfield, Virginia with resort-style amenities including a pool, fitness center, and dog park. Targeted at residential renters seeking high-quality multifamily housing.
• Dairy Market A LEED Silver certified adaptive reuse of the historic Monticello Dairy building into a 23,000 SF food hall with a craft brewery and public plaza in downtown Charlottesville, VA. Serves local restauranteurs, retailers, and visitors seeking a destination dining and shopping experience.
• Crabtree Lakeside A 221-unit Class A garden apartment community in Raleigh, NC with NAHB National Green Building Standard Bronze Certification, offering lake views and connectivity to the Crabtree Creek Greenway Trail. Targeted at residential renters in the Raleigh-Durham market.
• 10th & Dairy An EarthCraft certified 180-unit apartment community in Charlottesville featuring a heated pool, coworking space, fitness center, and dog spa, located steps from Dairy Market. Targeted at urban renters seeking walkable, amenity-rich housing.
• Gordonsville Ice House Brewery A restaurant and brewery in Gordonsville, VA featuring award-winning beer paired with fried chicken in a laid-back atmosphere with an outdoor entertainment area. Developed in partnership with Champion Brewing Company.
• The Shops at Riverside Village A three-story EarthCraft certified development with 11,400 SF of retail space and 24 luxury apartments above, Ting Internet ready, located in Charlottesville. Serves retail tenants and residential renters in a walkable urban community.
• Harwich Port Commons Four luxury vacation rental condominiums above four retail storefronts in Cape Cod's Harwich Port, MA, featuring rooftop terraces and covered porches. Targeted at vacation rental guests and retail tenants in a coastal Cape Cod location.
• Freedom Drive Shops A 10,135 SF retail strip center in Zions Crossroads, VA anchored by Anytime Fitness and Dunkin' Donuts, with visibility on Route 15 and I-64. Serves retail tenants seeking high-visibility commercial space.
• Zion Town Center A planned 113-acre mixed-use power center between Charlottesville and Richmond featuring up to 336 apartments, 263 townhomes/single-family homes, and 275,000 SF of commercial space. Targeted at residential buyers, renters, and commercial tenants in the Charlottesville-Richmond corridor.
• Riverside Village An EarthCraft certified urban community of 45 homes, 24 condominiums, and 36,000 SF of mixed-use space in Charlottesville's Pantops area with trailhead access to the Rivanna River. Serves residential buyers, renters, and retail tenants seeking sustainable walkable living.
• The River House Condos EarthCraft certified 24-unit luxury condominium community in Charlottesville overlooking the Rivanna River with direct connection to Darden Towe Park trails. Targeted at residential buyers seeking sustainable, nature-connected luxury condominiums.
• Dairy Central A 4.5-acre community nexus in downtown Charlottesville featuring adaptive reuse of historic buildings with a four-story Class A office building addition (50,000 SF). Serves Class A office tenants seeking modern workspace in a revitalized urban location.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Cushman & Wakefield | ThalhimercoreChannel Partner/ Reseller/ DistributorCommercial real estate brokerage firm handling leasing for Dairy Central and other commercial properties. Announced major tech tenant leases totaling 17,580 square feet at Dairy Central and represented Allen, Allen, Allen & Allen, P.C. in their relocation to the development.
• Champion Brewing CompanycoreStrategic or Co-development PartnerPartnership with Champion Brewing Company for the Gordonsville Ice House project. Champion's flagship location is south of Charlottesville's Downtown Mall. The Ice House features award-winning beer paired with excellent fried chicken in a laid-back atmosphere curated by BBQ Exchange's Craig Hartman.
• Virginia HumanitiesflagshipStrategic or Co-development PartnerVirginia Humanities announced plans to relocate headquarters to Dairy Central in early 2021. The new center is being designed as a welcoming space for public discussions, programs, exhibitions, and educational opportunities - more than just an office relocation.

Scale indicators4 records

Recent moves9 records

Direct peers

• Wood Partners: National multifamily developer with strong Southeast and Mid-Atlantic presence; comparable product (Class A garden and mid-rise apartments) with significantly larger scale and capital base.
• GID Investment Advisers: Vertically integrated real estate operating company developing and managing multifamily, mixed-use, and commercial assets nationally; comparable vertically integrated operating model and mixed-use focus.
• RangeWater Real Estate: Atlanta-based multifamily developer and acquirer focused on the Sun Belt, including Raleigh and the Carolinas; comparable in building Class A garden-style communities similar to Boulders Lakeview and Crabtree Lakeside.
• Bozzuto Group: Mid-Atlantic-focused real estate developer, owner, and manager of multifamily and mixed-use properties headquartered in Greenbelt, MD; closely comparable on geography, mixed-use product mix, and walkable-community thesis.
• The Beach Company: Charleston, SC-based vertically integrated real estate firm developing mixed-use, multifamily, and commercial properties in the Southeast; comparable in scale, product type, and regional focus.
• Crescent Communities: Charlotte, NC-based mixed-use and multifamily developer operating across the Southeast U.S. with similar walkable, amenitized community focus and comparable scale of deployed project capital.

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily developer, owner, and manager; operates broadly across Stony Point's target geographies and product types at substantially greater scale.

Regional players

• Croasdaile Reforestation Trust / Trademark Properties: North Carolina-based real estate developer of mixed-use and multifamily communities in the Carolinas and broader Southeast; directly comparable on product mix and Raleigh-adjacent geography.
• FCP (Ficker-Clark Properties): Mid-Atlantic-focused multifamily developer and investor active in Virginia and the Carolinas; comparable product type and regional focus though more capital-deployment than development-led.

Others

• Clark Enterprises: Private investment and real estate holding company with mixed-use and multifamily exposure across the Mid-Atlantic; an adjacent regional capital partner / developer rather than a pure head-to-head competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xinstagram.com/stonypointdg
• Facebookfacebook.com/stonypointdevelopmentgroup
• LinkedInlinkedin.com/company/stony-point-development-group
• Instagraminstagram.com/stonypointdg

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stony Point Development Group