About Us
Terrace Holdings, LLC is a partnership between Philip Drees and Adam Chaney that began in 2005 for the purpose of developing residential and commercial opportunities in the Greater Cincinnati area.
Philip A. Drees
Philip A. Drees’s career in real estate development began with hands-on experience in his family’s business, The Drees Company, in Northern Kentucky. As Land Development Manager, he gained valuable insights into all facets of the industry before establishing Triangle Design Group, Inc. in 1998. This firm focuses on comprehensive residential and commercial real estate development. Mr. Drees’s industry leadership is evident in his active membership in the National Home Builders Association and his tenure as President of the Land Development Council in 2005 and 2006. Building upon this foundation, he co-founded Terrace Holdings and has consistently demonstrated success in various real estate partnerships, encompassing multi-family housing, self-storage solutions, and strategic real estate investments.
- 31 years of experience
- Member, Northern Kentucky Home Builders Land Development Council
- Land Development Council President 2005 and 2006
- 1989 graduate, Eastern Kentucky University, Real Estate and Marketing degrees.
Adam Chaney
Adam Chaney is a Northern Kentucky native with a background in Commercial Banking, National Retail Operations, Real Estate Development and Construction. Mr. Chaney began his career as a Commercial Analyst and Lender with Star Bank, N.A. and later Bank One, N.A. In 1996 Adam left banking to form Chaney, LLC, a national airport concessions operation with locations in Atlanta, Cincinnati, Orlando, Los Angeles, and Salt Lake City. In 1999 he became managing member of WWB Development Group, LLC, a real estate development company created to develop 200+ residential building lots in Independence, KY. Since 1999 Mr. Chaney has developed and managed numerous real estate ventures with his primary focus on commercial opportunities within the Northern Kentucky market.
- 23 years of real estate related experience
- Past President, Home Builder’s Association of Northern Kentucky
- 1993 Graduate, University of Kentucky, Finance
- 2010 Northern Kentucky HBA “Builder of the Year”
- Board President Sanitation District #1
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
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
Mixed Use Development - Florence, 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.
Our Service Areas:
- Boone County, Kentucky
- Campbell County, Kentucky
- Kenton County, Kentucky
- Southwestern Ohio
- Southeast Indiana