Terminal Tower Apartments

Market (Metro/SubMarket):  Cleveland/Downtown Cleveland

Summary: In 2016, Cleveland's Terminal Tower was purchased for $38.5 million, with conversion into a mixed-use residential and office building beginning in 2018. The project, which was completed in 2020, includes (297) one- and two-bedroom apartments, as well as office space on the upper floors. The conversion aimed to honor the tower's history while also introducing modern amenities.

Year Built/Class: 1930/ Class A - 4 Star

Gross Building Area: 1.1 million SF

No. of Buildings: 1

Development Type: Mixed-use, Market rate Rentals

Development Occupancy: General

Residential Unit Total/Mix: 297 / 0,1,2 BR

Construction Status: Completed - 2019

Development Cost: $80 Million

Developer: K&D Group