We love the city of Richmond, and so we were excited to see our block getting some revitalization as we welcomed our new neighbors into the old Massey Energy building. Now called 4N4 Midtown, our neighbor is offering beautiful apartments at great prices just outside the hustle and bustle of Shockoe Bottom. As borrowed from Carol Hazard at the Richmond Times-Dispatch:
“People love the location. It’s halfway between the central business district and the Fan,” said Chris Johnson, a principal of The Monument Cos., which bought the building last year.
“It’s a little quieter than Shockoe Slip,” he said, noting how the 4N4 section of town has been somewhat of a black hole for residential living. With the development of the nearby Central National Bank Building at Broad and Third streets, also into apartments, this area of town will be more vibrant, Johnson said. “We’ll see more restaurants and more storefronts filling up.”
Finishing touches are being put on 4N4 apartments, and work is underway on 800 square feet of commercial space on the first floor facing Main Street. The total investment in the building, which still bears the “Massey Building” cornerstone plaque, is nearly $9 million, Johnson said. State and federal tax credits are being used to offset the cost. Construction on the nearly 50,000-square-foot building, built in 1951, was started a year ago after a nearby historic district was expanded to include this and other buildings in the area.
The units come with granite countertops, stainless-steel appliances, tile backsplashes and hardwood cabinets. A fitness center is in the basement along with seven one-bedroom units and three two-story units with ground-floor entrances.
Most residents are students and young professionals, ages 25 to 39, many of whom walk to and from school or work, Johnson said. Some just like the urban experience, said Stacey Bassetti with Legend Property Group, which is leasing and managing the property. Residents include a couple from Mechanicsville who rented their house so they could live in downtown Richmond, she said.
Welcome to the neighborhood, folks!