PRG Real Estate, in partnership with longtime development partner WVS Companies, has pledged$50,000to Venture Richmond's Brown's Island Improvement Project. The contribution, distributed over the next five years, will transform the riverfront into a world-class public park for the Richmond community.
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TheBrown's Island Improvement Project is a $30 millioninitiativedesigned to enhance one of Richmond's most iconic outdoor destinations.Theprojectwill help develop newandexpanded facilities to grow this soon-to-be gem of theJames River and create welcoming spaces for residents and visitors alike togather, connect, and explore.
Venture Richmond,a nonprofitdedicatedto improvingdowntownRichmondthrough economic growth, cultural vibrancy, and riverfrontrevitalization,is leading theeffort.PRG andWVSare proud to support thisinitiative, whichwill elevatethe quality of life and ensure Richmondremainsa city where people can work, live, and thrive.
“At PRG, 'putting people first' is more than a value-it'sthe way we measure success. The Brown's Island Improvement Project reflects that same spirit, creating a place where people can gather, connect, and feel proud of their community. We're honored to support an initiative that truly puts Richmond's residents and visitors at the heart of its vision,”said PRG Real Estate CEO Sam Foster.
WVS Companies, a Richmond-based real estate development firm, and PRG Real Estate have partnered on13projectsin the area,includingSouth Falls Tower, Circ, and The Locks.Both organizations are dedicated tocreating community-focused developments that align withRichmond's growth and future vision.
About PRG Real Estate
PRG Real Estate is a multifamily investment and management company that owns $2.0 billion of apartment homes across its 11,000-unit portfolio and has 300+ employees nationwide. PRG believes that an exceptional living experience starts with its people. It achieves this mission by hiring and training the best in the industry and creating a supportive and rewarding workplace that inspires its people to achieve great things together. For more information on PRG Real Estate, please visit www.prgrealestate.com.
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SOURCE PRG Real Estate Management, Inc.
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