Creating Desirable Places
Terrace Holdings a developer of residential, office and commercial retail projects. Our mission is Creating Desirable Places to live, work, shop or play. Since 2005 the combine partnership of Philip Drees and Adam Chaney has delivered sustainable, functional and vibrant projects that stand the test of time.
Featured Available Property
Featuring The Union Commons
8901 US 42 Union Kentucky
Located next to Union Marketplace (Regional Shopping Center for Boone County US 42 corridor) featuring Kroger’s, Wings and Rings, and many national and regional tenant
Over 14,200 VPD
Excellent access with Traffic signal at main entrance
Explore Our Current Projects
Prime Real Estate Opportunities
Welcome to Terrace Holdings, your trusted partner in residential, commercial, and mixed-use developments. We specialize in transforming land into vibrant communities that offer exceptional living, working, and investment opportunities.
Explore Our Locations
Let us help you find the right space—explore our locations and discover the possibilities!
Office Spaces
Flexible and well-equipped office locations in Erlanger, Kentucky, designed to meet all your business needs.
Retail Spaces
Prime storefronts available in West Chester, OH, and Union, KY—visit us to find the ideal spot for your business.
Residential
Searching for the perfect place to call home? Explore our vibrant communities and find your dream home today.
Explore Our Current Projects
Prime Real Estate Opportunities
Welcome to Terrace Holdings, your trusted partner in residential, commercial, and mixed-use developments. We specialize in transforming land into vibrant communities that offer exceptional living, working, and investment opportunities.
Explore Our Locations
Whether you’re relocating, expanding, downsizing, or starting a new business, we have the perfect space for you.
- Office Spaces – Flexible and well-equipped office locations in Erlanger, Kentucky, designed to meet all your business needs.
- Retail Spaces – Prime storefronts available in West Chester, OH, and Union, KY—visit us to find the ideal spot for your business.
- Residential – Searching for the perfect place to call home? Explore our vibrant communities and find your dream home today.
Let us help you find the right space—explore our locations and discover the possibilities!
Discover Union Commons: Exceptional Retail Leasing Opportunity
Located in the heart of Union, Kentucky, Union Commons offers a unique leasing opportunity for businesses seeking visibility and traffic. Positioned next to Union Marketplace, a regional shopping center, Union Commons benefits from an established, thriving retail environment that includes tenants such as Kroger, Wings and Rings, Graeter’s, Braxton Brewery, Dewey’s Pizza, and more. The location features distinctive architecture and green spaces that enhance its appeal.
- Strategic Location: Situated along the high-traffic US 42 corridor, Union Commons is adjacent to popular destinations like Union Marketplace.
- Retail Giants: Home to Kroger, Wings and Rings, Graeter’s, Braxton Brewing, Dewey’s Pizza, and many other national and regional retailers.
- Availability: 2,200 SF of space available for lease.
- Impressive Traffic: Over 14,200 vehicles per day (VPD) pass by Union Commons, ensuring high visibility.
- Easy Access: A traffic signal at the main entrance provides seamless entry and exit.
Demographic Overview by Radius
1 Mile Radius
Population: 9,000
Median Household Income: $91,500
Daytime Employees: 7,800
Median Age: 36.4
3 Mile Radius
Population: 53,300
Median Household Income: $79,000
Daytime Employees: 52,700
Median Age: 37.7
5 Mile Radius
Population: 110,000
Median Household Income: $69,000
Daytime Employees: 113,900
Median Age: 37.5
Union is the second-largest city in Boone County, Kentucky, and is recognized for its rapid growth. Boone County has seen an impressive 54% population growth since 2000, making it one of the fastest-growing regions in the United States. In 2017, the county’s population was approximately 130,728, with projections showing a population of 191,093 by 2040. Boone County also ranks second in Kentucky for new job growth, presenting a highly favorable business environment.
Expertise You Can Trust
Over 50 years of experience delivering
successful, community-focused
developments.
Rent/Leasing Opportunities
Discover prime residential and commercial properties available for rent or lease. We offer flexible leasing options tailored to your needs.
Vibrant, Lasting Communities
We create sustainable, functional, and
vibrant spaces for living, working,
shopping, and playing.
Transforming Properties into Thriving Developments
Invest, build, sell or want to rent/lease, Terrace Holdings specializes in working with you to maximize potential.
A seamless process for landowners and realtors.
Fair and competitive pricing for land parcels.
Expertise in transforming land into desirable and functional spaces.
The Visionaries Behind Terrace Holdings
What types of land does Terrace Holdings purchase?
Terrace Holdings specializes in acquiring land suitable for residential, commercial, and retail developments. We focus on properties in Northern Kentucky, Southwestern Ohio, and Southeast Indiana.
What makes Terrace Holdings stand out as a real estate developer?
With over 40 years of combined expertise, we focus on creating sustainable, vibrant, and functional communities. Our commitment to quality and community-building ensures every project stands the test of time.
What types of land are you interested in purchasing?
Ohio, and Southeast Indiana.
What areas does Terrace Holdings serve?
We proudly serve Boone, Campbell, and Kenton Counties in Kentucky, as well as Southwestern Ohio and Southeast Indiana. These locations are carefully selected for their growth potential and community needs.
What We Do
Through development and investments Terrace Holdings can bring a focus on sustainable, vibrant and desirable projects to your community.
Residential Development
Commercial & Retail Development
Office Space Development
Land Acquisition & Development
Ready to Create a Desirable Place?
Let’s Get Started!
Whether you’re looking to sell land, invest in a promising opportunity, or develop a vibrant community, Terrace Holdings is here to help you every step of the way. Take the next step in transforming your vision into reality.
Building Communities,
Shaping Futures
Founded in 2005 by Philip Drees and Adam Chaney, Terrace Holdings, LLC is a trusted real estate development firm dedicated to transforming land into thriving residential neighborhoods and commercial spaces. With over 50 years of combined expertise, we specialize in creating sustainable, functional, and vibrant communities that stand the test of time.
Current Projects
Office – Erlanger, KY
Retail – West Chester, OH
Residential Townhomes – Florence, KY
Office – Erlanger, KY
Retail – Union KY
Past Projects
Residential Development – Kenton County, KY
Residential Townhomes – Bellevue KY
Residential Development – Taylor Mill, KY
Commercial Interstate Development – Sparta, KY
Proudly Serving Northern
Kentucky and Beyond
Terrace Holdings specializes in creating thriving communities across a carefully
selected service area. We focus on locations that offer the greatest potential for
growth and success.
- Boone County, Kentucky
- Campbell County, Kentucky
- Kenton County, Kentucky
- Southwestern Ohio
- Southeast Indiana