(RECAP: Virginia Beach’s 25th Street development and an affordable housing project in the city have won annual Vision Awards from the Urban Land Institute of Virginia. The development turned the city’s 244-space surface parking lot into a 147-unit apartment complex, the iFly indoor sky-diving facility and a parking structure. The urban planning and development group awarded its innovative deal of the year to the $12 million Crescent Square affordable apartment complex in Virginia Beach. The 80-unit housing project from Richmond-based nonprofit Virginia Supportive Housing was built by Breeden Construction. Units are rented to adults earning no more than 50 percent of the area’s median income or to individuals who had been homeless.)
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