Terminal Tower is getting apartments

Posted at 1:16 PM, May 09, 2016
and last updated 2016-05-09 13:16:03-04

Ever wondered what it would be like to live inside Terminal Tower? It could soon be a reality.

Property management company K&D tells they will purchase the iconic downtown landmark from Forest City Realty Trust and create residential space in part of the building.

K&D owner Doug Price said the bottom portion of the building will be used to create about 300 apartments. The upper part will be used as commercial space.

"After a couple decades of development in the city of Cleveland, we are both proud and honored to be the next owners of such a significant piece of Cleveland’s history," the company said in a statement.