NEWPORT NEWS, Va. — NEWPORT NEWS, Va— Local, state, and federal leaders gathered in Newport News to celebrate the opening of Shipyard Flats, a new $24.5 million mixed-use historic property that will add commercial space and 91 new housing units in the heart of the city.

Formerly a department store and office building for Newport News Shipbuilding, Shipyard Flats now boasts two commercial storefronts totaling 2,200 square feet along with 86 one-bedroom units, four two-bedroom units, and one studio apartment featuring amenities like stainless steel appliances, granite counter tops, as well as included utilities and onsite parking. Rent ranges from $1,299 to $1,899 per month.

Virginia-based Monument Companies redeveloped the 81,000 square foot historic property at 2800 Washington Avenue, wh

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