Acquiring, building & managing real estate on behalf of ºÚÁÏÕýÄÜÁ¿
Established in 1995, the Old Dominion University Real Estate Foundation has been developing much of the area in Monarch Way, a 75-acre mixed use development that includes retail, student apartments, and office buildings.
In addition, the Foundation acquires, builds and manages real estate on behalf of the University. The results of its work are visible to all in the form of the University Apartments, restaurants, shops, the Innovation Research Park, The President's House, Marriott SpringHill Suites Hotel, the University Bookstore, Baron & Ellin Gordon Art Galleries, and the Barry Art Museum. View highlights of our properties below:
Real Estate Foundation Portfolio

Barry Art Museum

ºÚÁÏÕýÄÜÁ¿ President's House

Innovation Research Park I & II

Springhill Suites ºÚÁÏÕýÄÜÁ¿

Virginia Beach Higher Education Center

University Bookstore

Monarch Way Apartments & Retail
45th Street Garage

ºÚÁÏÕýÄÜÁ¿ Facilities Management Warehouse

ºÚÁÏÕýÄÜÁ¿ Institute for Coastal Adaptation & Resilience

ºÚÁÏÕýÄÜÁ¿ Facilities Management Storage Facility

ºÚÁÏÕýÄÜÁ¿ Wet Lab & Colley Avenue Printers

Office of Governmental Relations

ºÚÁÏÕýÄÜÁ¿ Institute for Innovation & Entrepreneurship

Nusbaum Apartments

49th Street Vacant Lots

Monarch Way Mixed Use Development

ºÚÁÏÕýÄÜÁ¿ Facilities Management Recycling Center

ºÚÁÏÕýÄÜÁ¿ Facilities Management Storage Lot
Barry Art Museum
ºÚÁÏÕýÄÜÁ¿ President's House
Innovation Research Park I & II
Springhill Suites ºÚÁÏÕýÄÜÁ¿
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
ºÚÁÏÕýÄÜÁ¿ Facilities Management Warehouse
ºÚÁÏÕýÄÜÁ¿ Institute for Coastal Adaptation & Resilience
ºÚÁÏÕýÄÜÁ¿ Facilities Management Storage Facility
ºÚÁÏÕýÄÜÁ¿ Wet Lab & Colley Avenue Printers
Office of Governmental Relations
ºÚÁÏÕýÄÜÁ¿ Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
ºÚÁÏÕýÄÜÁ¿ Facilities Management Recycling Center
ºÚÁÏÕýÄÜÁ¿ Facilities Management Storage Lot
Discover Monarch Way
Monarch Way provides indoor and outdoor dining with an eclectic collection of restaurants and casual dining establishments.
Trustees
Lisa F. Chandler ’76, Chairperson
Teresa C. Peters, Vice Chairperson
Joseph A. Lowery ’05, Secretary/Treasurer
Jared Chalk
Miles B. Leon
Kenneth E. Rodman, Jr. P.E. ’88
Karen Shaffer ‘97
Jeremy R. Starkey
Deborah K. Stearns ’80
Nathaniel P. Tyler
Steven C. Wright
Ex Officio
Chad A. Reed, VP for Administration & Finance
Directors Emeriti
George Consolve '67
Robert L. Dewey
BOV Representative
Larry Hill
Staff
Tara Saunders ’85, ’92, Executive Director
Mike LaRock ’85, Assistant VP of Foundations
Cindy Gall ’09, Foundation Board Administration Coordinator
Debra Howard ’95, '18, Property Manager
Kim Ross ’93, CFO & Director of Accounting