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FTK Construction Services Awarded $70M Contract for Stuart Gardens Renovation in Newport News, Virginia.

Aug 18, 2026•about 5 hours ago

Contract Type

contract

AllenReal EstateConstructionBuilding Maintenance

Description

FTK Construction Services has been awarded a contract valued at $70,365,223 for a significant LIHTC preservation project at Stuart Gardens in Newport News, Virginia. This project will involve extensive renovations, including upgrades to both interiors and exteriors of the 491-unit property originally built during World War II.

Company Information

Company

FTK Construction Services

Location

Allen, Texas, United States

About

FTK Construction Services is a nationwide full-service General Contractor, with three divisions of Multifamily expertise: Affordable Housing/Low-Income Housing Tax Credit (LIHTC) Preservation Projects, Multifamily Renovations and Disaster Services/Insurance related property damage restoration. FTK has completed projects in 34 states to date and has completed/contracted over 6,000 rehabbed units.

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