Groundbreaking Marks Beginning Of $175 Million Mixed-Use Development

Will include Former Lincoln Park Site in Hampton, Virginia

Trilogy Developers LLC Launches Phase 1 of Trilogy at Olde Hampton —
Redefining Hampton’s Gateway

HAMPTON, Va. — With shovels cutting into earth that has been waiting for a new beginning, Trilogy Developers LLC on Sunday officially answered the call and launched Phase 1 of Trilogy at Olde Hampton — a landmark $175 million mixed-use development that will transform the former Lincoln Park public housing site into a vibrant, walkable community serving Hampton residents for generations to come.

Joined by Hampton Mayor Jimmy Gray, City Manager Mary Bunting, members of the Hampton City Council, city staff, and a crowd of community supporters, the Trilogy development team celebrated the groundbreaking of The Villas at Trilogy — a 114 for-sale townhomes representing the first residential phase of a 610-unit master-planned community years in the making.

The Villas at Trilogy groundbreaking ceremony — Hampton, Virginia, May 4, 2026

Lt to Rt: City Manager Mary Bunting; Vice Mayor Steven Brown; Mayor Jimmy Gray; Ross Vierra, Managing Partner Trilogy Developers, LLC.; Nick Jacovides Managing Partner Trilogy Developers, LLC; Shiela Taficante, Atlantic Union Bank; Jerry Miller Partner Trilogy Developers, LLC ; Peter Burke Miller Group

“This is more than a groundbreaking — it’s a turning point for Hampton. We are proud to
invest $175 million in this community and deliver the housing variety, from affordable
housing to workforce housing, bringing new economic momentum that the Olde Hampton
neighborhood deserves.”

— Ross Vierra, Co-Managing Member, Trilogy Developers LLC

A GATEWAY PROJECT FOR HAMPTON’S FUTURE

Trilogy at Olde Hampton is the centerpiece of a broader gateway redevelopment initiative replacing the former Lincoln Park public housing project. Situated within a federally designated Qualified Opportunity Zone (QOZ), the master-planned development will ultimately deliver 610 residential units across two distinct phases, with 3 sections, combined with commercial space designed to activate the neighborhood and anchor long-term economic growth along Hampton’s Olde Hampton corridor.

The full community will include:
• The Villas at Trilogy — 114 for-sale townhomes (Phase 1) • Groundbreaking May 4, 2026
• The Launch — 284 market-rate apartment homes
• The Retreat — 96 affordable senior housing units and commercial retail space
• The Towns at Trilogy – 116 additional for sale 3 story townhomes

Phase 1 will have private streets, walkable streetscapes, a managed pond, and C-1 commercial parcels with drive-through capability will create an integrated community unlike anything currently available in Hampton’s housing market.

Aerial view of the Trilogy at Olde Hampton site Phase 1 Site — active earthwork underway as of May 4, 2026

THE TRILOGY DEVELOPERS LLC TEAM

Trilogy Developers LLC was co-founded by three Hampton Roads leaders with complementary expertise in real estate development, construction, and community investment.

Ross Vierra, Co-Managing Member, is the Founder, CEO, and President of Vierra Group Inc., a Virginia Beach-based holding company with divisions spanning commercial general contracting, electronic security integration, real estate development, and asset management. A Navy veteran and Virginia Tech and Harvard Business School graduate – Vierra brings nearly two decades of development and construction leadership to the project.

Nick Jacovides, Co-Managing Member, brings deep expertise in real estate investment and development with residential building across the Hampton Roads region. His partnership with Vierra on Trilogy reflects a shared conviction that mixed-income, mixed-use development done right creates lasting community wealth.

Jerry Miller, Member, CEO Miller Group and Partner of Trilogy Developers, LLC contributes strategic perspective and experience with companies focused on shipbuilding, real estate development, civil construction. His involvement reflects a personal stake in Hampton’s long-term trajectory.

Ross Vierra and Nick Jacovides, Co-Managing Members of Trilogy Developers LLC, at the groundbreaking podium

HAMPTON LEADERSHIP

“The Trilogy at Olde Hampton and the Villas at Trilogy is exactly the kind of investment
our community has been working to attract to the Olde Hampton corridor. This
groundbreaking represents not just homes being built, but hope being restored to a site
that has waited a long time for transformation. Hampton’s best days are ahead of us.”

— Mayor Jimmy Gray, City of Hampton

Mayor Jimmy Gray and Ross Vierra at the groundbreaking ceremony

“Trilogy at Olde Hampton represents years of collaborative work between the City and
committed private partners to activate this important site. The mixed-income, mixed-use
model — market-rate homeownership, apartments, and affordable senior housing —
delivers exactly the housing variety Hampton families need.”

— Nick Jacovides, Co-managing partner of Trilogy Developers, LLC

Hampton City Council members, HRHA and city officials joined the Trilogy Development team for the groundbreaking

OPPORTUNITY ZONE INVESTMENT DRIVING COMMUNITY IMPACT

Trilogy at Olde Hampton is one of the region’s most significant active Qualified Opportunity Zone developments. The QOZ designation — created to direct long-term private capital into historically underserved communities — has been instrumental in making the project’s financial structure strong while ensuring that the investment generates lasting benefit for the surrounding neighborhood.

With Phase 1 groundbreaking complete, Trilogy Developers is now preparing for the groundbreaking breaking for phase 2 and bring the larger phase to life which would be the largest residential development in Hampton in decades.

The full build-out of all three phases is expected to generate hundreds of construction jobs, significant local tax base expansion, and a high quality of life across the Olde Hampton corridor.

Development team, city officials, and community stakeholders break ground together

Guests gathered on the active construction site for the historic groundbreaking ceremony

ABOUT TRILOGY DEVELOPERS LLC

Trilogy Developers LLC is a Hampton Roads-based real estate development firm co-managed by Ross Vierra, Nick Jacovides, and Jerry Miller. The firm specializes in mixed-use, mixed-income residential communities within federally designated Opportunity Zones. Trilogy at Olde Hampton is the firm’s flagship project. For more information, visit www.trilogyhampton.com.

Media Contact: Ross D.Vierra 757.407.0069 rvierra@vierragroupinc.com
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Media inquiries and additional high-resolution photography available upon request.
Trilogy Developers LLC | Hampton, Virginia | www.trilogyhampton.com

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Groundbreaking Marks Beginning Of $175 Million Mixed-Use Development