316 Morris Avenue, known as the Terrace Plaza building, was constructed in 1978. It was a joint project between Sealed Power Corporation, Howmet Turbine Components Corporation, and Landman, Hathaway, Latimer, Clink & Robb. Terrace Plaza was the first “barrier free” office building in the Muskegon area, offering reserved parking, wheelchair ramps, extra wide entrance doors, and a number of other features, making it the most premier building in Muskegon for many years.
Since the Hinman Company purchased the building in 2006, many improvements have been made to maintain the Class A status, including renovations to the lobby, elevator, and building operation systems. In 2017, apartments were built on the top two floors of Terrace Plaza, named Terrace Flats, bringing the first market rate units to downtown Muskegon.
There are currently eighteen apartments, all equipped with stunning views, covered parking, high-end finishes, and the use of a rooftop deck. Located within the building, the Hinman Company's property management office oversees both the apartments and office space.
Terrace Flats are scheduled to be completed Summer of 2017.