Business Details
28 Years
experience
Your Trusted Partner for Real Estate Development
The Monument Companies was founded in 1998 by Tom Dickey and Chris Johnson, two Virginia Tech alumni who began their real estate development journey as a part-time endeavor. Over two decades, this effort evolved into a full-scale operation driven by complementary expertise in technical development and business growth. Our holistic approach integrates Design, Construction, and Management divisions to deliver high-quality properties that enhance communities while ensuring financial returns. We prioritize a long-term hold strategy, focusing on minimizing vacancy through best-in-class tenant experiences and responsible financial practices. Our teams deep understanding of streamlined project executionfrom due diligence to lease-uppositions us to deliver complex projects efficiently.With over 20 years of experience, we specialize in transforming underutilized spaces into vibrant communities, as demonstrated by our portfolio exceeding $500 million in asset value. Our commitment to quality extends to commercial spaces that improve urban walkability and community engagement. Headquartered in Richmond, Virginia, we serve markets across the state with a focus on sustainable growth and reinvestment in local economies. Our track record includes landmark projects like the Cary Street Station redevelopment and the regions highest pool installation at 8th and Main. This combination of technical expertise, integrated operations, and community-centric philosophy defines our approach to real estate development.
Services
Development
Design
Construction
Management
Portfolio
Details
- Year established: 1998
Highlights and features
- We have over 20 years of experience in real estate development.
- Our integrated teams streamline project execution from design to management.
- We focus on long-term value through responsible financial practices.
- We specialize in revitalizing underutilized urban spaces.
- Our portfolio includes landmark projects with $500M+ in asset value.
Services
Development
Our development services focus on transforming underutilized properties into vibrant residential and commercial spaces. We employ a holistic approach that integrates design, construction, and management teams to ensure seamless project execution. This methodology shortens timelines between acquisition and completion while maintaining a long-term value focus through responsible financial practices.
Design
Design services emphasize functional aesthetics and community integration. We specialize in creating street-facing commercial spaces that enhance urban walkability and repurposing historic structures for modern use. Our team ensures designs align with zoning requirements while adding unique value to neighborhoods through thoughtful architectural solutions.
Construction
Our construction division handles complex projects including skyscraper renovations and multi-phase developments. We tackle technical challenges like rooftop pool installations while maintaining structural integrity. Projects are completed with a focus on quality materials and adherence to timelines, ensuring minimal disruption to surrounding communities during construction.
Management
Property management services aim to maximize tenant satisfaction and financial returns. We implement strategies to minimize vacancy through proactive maintenance and community engagement. Our long-term hold approach ensures consistent property upkeep and responsive tenant support, contributing to sustained asset value growth.
Portfolio
Our portfolio includes 2,000+ apartments and 300,000 commercial square feet across Virginia. We focus on strategic acquisitions in urban centers, prioritizing projects that combine financial potential with community revitalization. This diversified portfolio demonstrates our ability to execute both large-scale developments and targeted neighborhood improvements.
People
Tom Dickey
Co-Founder
Co-founded The Monument Companies in 1998 with Chris Johnson. Brings technical expertise in development and construction processes. Focuses on strategic growth and project execution oversight.
Chris Johnson
Co-Founder
Co-founded The Monument Companies in 1998 with Tom Dickey. Provides business development expertise and operational strategy. Works closely with local governments on zoning and entitlement processes.
Questions
What areas does Monument Construction operate in?
We primarily work in Virginia markets including Richmond, Norfolk, and Roanoke. Our focus areas include urban redevelopment projects in established neighborhoods.
What types of projects does Monument Construction handle?
We specialize in mixed-use developments, historic renovations, and multi-family residential projects. Recent work includes skyscraper conversions and commercial revitalization projects.
How long has Monument Construction been in business?
Monument Construction has been operating since 1998, with founders Tom Dickey and Chris Johnson establishing the company as a part-time venture before turning it full-time.
What makes Monument Construction unique?
Our integrated approach combines development, design, and management under one team. This allows faster project execution and better alignment with long-term value goals.
Does Monument Construction handle commercial space development?
Yes, we incorporate commercial spaces in our developments when appropriate. Recent projects include street-facing retail spaces that enhance neighborhood walkability and community engagement.
How does Monument Construction approach tenant experience?
We focus on minimizing vacancy through quality construction and responsive property management. Our long-term hold strategy ensures ongoing investment in property maintenance and tenant satisfaction.
