Centennial Terrace

Centennial Terrace, 1 of Richmond’s most luxurious rental buildings opened October 1, 2021 in the heart of downtown on East Main Street. Designed as a modern Smart Building, the 47,833-square-foot property at 507 E. Main St. offers 53 new luxury residences in the heart of the city’s Central Business District. Floor plans include studio, one and two-bedroom, and “large” one-bedroom units ranging from 468 to 1,022 square feet, with most averaging around 600 square feet. “We’ve designed the residences efficiently with modern lifestyles in mind, such as open kitchens, walk-in closets, floor-to-ceiling windows for great light, air and views with Juliet balconies for north-facing units,” said Jake Goodstein, vice president of Goodstein Development. Our building includes a rooftop deck, “The Terrace Club,” with community amenities including a state-of-the-art gym, social club/lounge, and roof deck with outdoor entertainment center and gas grills. The amenities are all shared with residents of Goodstein’s adjacent building, Centennial Apartments. “We’ve created Centennial Terrace in a way that uses technology to enhance residents’ lives, not get in the way of it,” said Lenny Bayer, director and chief operating officer of Goodstein Development. Tech includes automated access control from residents’ smartphones, high-speed Internet, and a remote-access package room. “And with plenty of common spaces to connect and meet, this is truly a high-tech, high-touch community.” On the Ground Floor is the retail space known as “Popup Suites”, a co-working/marketing area for small retail brands offering window-front displays.  

Centennial Terrace was awarded the Silver Multifamily Project of the Year by the Home Builders Association of Virginia “HBAV”

507 East Main St
Richmond, VA 23219