New Projects

The Terminal Tower Residences: K&D's Sixth Historic Renovation and Conversion to a Mixed-Use Living Center in Downtown Cleveland


In 2016, K&D closed on the financing for the $110 million historic renovation and conversion of the Terminal Tower. The iconic Terminal Tower is the city’s best known landmark and has some very unique features including an observation deck that on a clear day, visitors can see 30 miles from downtown Cleveland and external lighting that can be configured into various color schemes that will continue for various holidays, local sports teams colors and many non-profit organizations and medical awareness causes.

Be among the first to live in Cleveland’s most iconic landmark! K&D has converted the property into 297 one and two-bedroom luxury apartment suites in 57 different floor plan styles located on floors 4-14 (all other floors will remain commercial office space). Classic elegance meets contemporary design with 10’ ceilings and expansive new windows throughout. Gourmet kitchens feature stainless steel Samsung appliances, granite countertops and cherry finish cabinets. The kitchens and living rooms have cherry hard surface flooring. Bedrooms are carpeted with walk-in closets in most suites and bathrooms have quartz countertops and ceramic tile floors. Each suite has its own washer and dryer.

The 15th floor houses the Leasing Office and a state-of-the-art fitness center available 24/7 with cardio machines, free weights, stretching areas, and private lockers and showers. A community lounge with interior and rooftop bar area, community tables, fireplace and multiple large screen TVs is also located on the 15th floor. Both residents and tenants of the building will enjoy exclusive access to these areas along with free WiFi. Residents will also benefit from the secure package delivery and retrieval system of Parcel Pending Lockers. Concierge security 24/7 will notify residents of visitors. Underground or indoor parking options are available in The Terminal Tower Parking Garage.

The 38th floor has been converted into K&D’s new Downtown Corporate Headquarters. These new offices will allow K&D to move into the iconic Terminal Tower, and have their downtown headquarters be centrally located in the city. The new offices will be a showpiece for the company. Designed by architect Michael Fant of AODK Inc., the offices are modern but with classic finishes. All downtown and west side properties will be managed from Terminal Tower. Owners Doug Price and Karen Paganini will have their private offices at both headquarters. K&D will continue to manage their east side residential and senior portfolios from the Willoughby campus.  

This is K&D’s sixth major historic renovation Downtown, and follows the highly successful and acclaimed Residences at Halle, Residences at Leader, Residences at 1717, The Residences at Hanna and The Residences at 668.

For more information and to schedule your personal tour, contact us at [email protected], or visit Immediate availability - move in today!