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Business Details
43 Years
experience
Trusted Home Builders in Virginia Beach, VA
At The Terry Peterson Companies, we believe that well-crafted communities enhance quality of life. Since 1983, we have specialized in building unique developments characterized by innovative architectural design, quality workmanship, and thoughtful land use. Our long-term approach to development has earned us recognition for high standards in new construction homes across Hampton Roads, including Virginia Beach, Chesapeake, Suffolk, Newport News, Yorktown, Williamsburg, and Richmond. We build enduring residential, commercial, and investment properties tailored to diverse resident needs. Our expertise in apartment development spans over 950 units, allowing us to strategically identify desirable locations and designs.

In commercial ventures, we prioritize sustainability and the revival of traditional neighborhood designs that integrate offices and shopping facilities with residential areas. Our commitment to excellence is reflected in customer satisfaction and the enduring value of our properties. We take pride in creating neighborhoods that offer innovative designs, traditional craftsmanship, and spacious floor plans refined through decades of feedback from thousands of homebuyers. Our mission remains simple: to create homes and communities that truly satisfy customer needs while maintaining consistently high standards.
Services
Home Building Apartment Development Commercial Properties Investment Properties Community Planning Townhome Construction Condominium Development Sustainable Design Neighborhood Planning Custom Floor Plans
Details
  • Year established: 1983
Highlights and features
  • We have over 40 years of experience building homes in Hampton Roads.
  • Our communities feature innovative architectural designs and traditional craftsmanship.
  • We prioritize customer satisfaction through personalized service and attention to detail.
  • Our developments integrate sustainable practices and traditional neighborhood planning.
  • We offer diverse property types including residential, commercial, and investment properties.
What people say
Highly recommend Beautiful homes Professional staff Excellent value Sustainable designs
Services
Home Building
We construct single-family homes and townhomes with innovative designs and traditional craftsmanship. Our homes feature spacious floor plans refined through decades of customer feedback. Each property combines quality materials with attention to detail for long-term durability and aesthetic appeal.
Apartment Development
Our apartment developments focus on strategic location selection and modern design. With over 950 units built, we create communities that balance functionality with comfort. Each project incorporates market research to ensure desirable amenities and layouts for residents.
Commercial Properties
We develop commercial spaces that integrate with residential neighborhoods using sustainable practices. Our approach emphasizes traditional neighborhood design principles while meeting modern business needs. Projects include office spaces and retail centers tailored to local communities.
Community Planning
Our community planning prioritizes walkability, green spaces, and cohesive design. We create master-planned developments that enhance quality of life through thoughtful land use. Each community balances residential, commercial, and recreational areas for balanced living environments.
Investment Properties
We develop properties with long-term value and realistic success opportunities. Our investment portfolio includes strategic land acquisitions and mixed-use developments. Each project undergoes rigorous market analysis to ensure sustainable growth and returns for stakeholders.
Questions
What areas do you build homes in?
We develop communities in Virginia Beach, Suffolk, Richmond, Chesapeake, Newport News, Yorktown, and Williamsburg, VA.
What types of homes do you offer?
We build single-family homes, townhomes, and condominiums with customizable floor plans and modern amenities.
How long have you been in business?
The The Terry Peterson Companies have been building homes and communities in Hampton Roads since 1983.
Do you offer financing options?
We partner with lenders to provide competitive financing options for qualified buyers.
What sustainability practices do you use?
We incorporate energy-efficient materials, sustainable construction methods, and eco-friendly community designs in our developments.
Can I customize my home?
Yes, we offer customization options for floor plans, finishes, and selected home features during the building process.
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Reviews (1)
David Thomas
Jan 08, 2021 Report
Critical:Professionalism,Quality,Value
I found out from my Niece who just moved into their house that it is practically surrounded by water and the builder is stating this is acceptable and refuses to properly correct the grading, drainage or poor work they did. I will never use them for any residential or commercial projects.