The Terrace Plaza Hotel on a key block in downtown Cincinnati will reopen in 2026 as apartments geared toward young professionals. Birkla promised to restore the iconic restaurant.

The Terrace Plaza Hotel's Gourmet Room was a fine-dining hotspot set inside a silver circular structure atop the building. It operated there for 44 years.

Birkla bought the former Terrace Plaza Hotel in September and partnered with Cincinnati architecture firm Reztark Design Studio to re-imagine the 18-story building.

The former Terrace Plaza Hotel in downtown Cincinnati just got nearly $10 million in funds from the state for redevelopment.The building, built in the 1940s, stood vacant for years and was most ...