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Tower Plaza

Tower Plaza

Tower Plaza
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

555 E William St,
Ann Arbor, MI 48104
296 Units
26 Stories
1969 Year Built
$195K - $595K Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Bach Elementary School Rated A
  • 24-Hour Security
  • On-Site Retail
  • Meeting Room
  • 4 min walk to Liberty Plaza

Iconic high-rise living in the heart of Ann Arbor

Tower Plaza stands as a prominent fixture in downtown Ann Arbor, offering a blend of urban convenience and academic proximity. Completed in 1969, this 26-story condominium building houses 296 units, making it one of the tallest structures in the city. Its modernist design, featuring a predominantly glass facade, provides residents with panoramic views of the University of Michigan campus and the vibrant cityscape. Situated just one block from the university, Tower Plaza caters to a diverse community of students, professionals, and long-term residents seeking the quintessential Ann Arbor experience.

Versatile layouts with stunning city views

Tower Plaza offers a range of living spaces to suit various needs, from cozy studios to spacious two-bedroom units. Studios span from 383 to 596 square feet, providing efficient living spaces with sale prices ranging from $188,301 to $275,280. One-bedroom units offer more room, varying from 383 to 978 square feet, with prices between $180,000 and $315,000. For those requiring additional space, two-bedroom units range from 400 to 1,027 square feet, each featuring two bathrooms. Many units have been thoughtfully renovated to maximize comfort and style. Residents can expect to find modern touches such as hardwood or luxury vinyl plank flooring, updated kitchens with granite countertops and stainless steel appliances, and renovated bathrooms featuring custom vanities and walk-in showers. Some units boast chef's kitchens with induction stoves, wine coolers, and cherry wood shelving. Large windows are a common feature, offering breathtaking views of the city, campus, and Michigan Stadium. Monthly HOA fees range from $500 to $1,000, covering essential services such as water, trash removal, snow removal, sewer, lawn care, and heat. This comprehensive fee structure allows residents to enjoy a worry-free living experience in this prime downtown location.

Secure living with urban conveniences

Tower Plaza offers a range of amenities designed to enhance the urban living experience. The building's standout feature is its 24/7 lobby security, ensuring peace of mind for all residents. Fast elevators whisk residents to their floors, while soundproof walls between units provide a quiet living environment despite the bustling downtown location. For added convenience, the building provides on-site laundry facilities, eliminating the need for trips to external laundromats. Each resident is allocated a private storage locker, offering valuable extra space for seasonal items or rarely used belongings. The community lounge serves as a gathering space for residents, fostering a sense of community within the building. Tower Plaza's dedicated maintenance staff is on hand to address any issues promptly, ensuring the building remains in top condition. The concierge service adds an extra layer of convenience, assisting with various resident needs. For those with vehicles, parking is available, though it may be subject to availability and additional fees. The building's individual heat pump systems provide efficient climate control, with central AC and heating in each unit. Pet lovers will appreciate that the building allows one pet under 35 pounds, subject to a pet fee, making Tower Plaza a home for furry friends as well.

A vibrant urban hub with academic flair

Tower Plaza's location in downtown Ann Arbor places residents at the epicenter of a dynamic, culturally rich neighborhood. The area seamlessly blends the energy of a college town with the sophistication of a thriving urban center, creating an environment that caters to a diverse population. Just steps from the building, residents can explore an array of dining options. For a quick bite, Chipotle Mexican Grill and Fat Daddy's HOT Chicken & Waffles are within a five-minute walk. Those seeking a more traditional dining experience can visit the iconic Fleetwood Diner, open 24 hours and known for its Hippie Hash, or the Brown Jug Restaurant, a campus pub founded in 1936 that serves Greek food amidst college football memorabilia. Shopping enthusiasts will appreciate the proximity to various retail options. A Target store is conveniently located just a five-minute walk away, perfect for everyday essentials. For a more curated shopping experience, Today Clothing, a high-end menswear boutique, is within a 10-minute walk. Cultural attractions abound in the neighborhood. The UMMA art museum, part of the University of Michigan, offers a rich collection of artworks and is easily accessible to Tower Plaza residents. The Michigan Theater, a historic cinema and performance space, is also nearby, hosting a variety of films, concerts, and events throughout the year. For those seeking outdoor recreation, several parks are within walking distance. Liberty Plaza, just a five-minute walk away, offers a multi-purpose field for various activities. Hanover Square Park and Sculpture Plaza are also nearby, providing green spaces for relaxation and enjoyment. The neighborhood's strong ties to the University of Michigan are evident in the constant buzz of academic and cultural activities. From public lectures and performances to sporting events at the nearby "Big House" stadium, there's always something happening in this vibrant corner of Ann Arbor.

Well-connected urban living with multiple transit options

Tower Plaza's central location in downtown Ann Arbor provides residents with excellent transportation options, catering to various preferences and needs. The area's high walkability means that many daily errands and activities can be accomplished on foot, reducing the need for frequent vehicle use. For those relying on public transit, several bus stops are conveniently located within a short walk from the building. The William East Of Division stop, served by the Eisenhower - Golfside, Ellsworth, and Packard lines, is just a minute's walk away. Other nearby stops include E- Thompson St South Of William and State & N University, all within a five-minute walk, offering access to additional routes. The Blake Transit Center, a major hub for local and regional bus services, is only a five-minute walk from Tower Plaza. This center is particularly useful for those needing to travel beyond the immediate downtown area. It's also the departure point for the Michigan Flyer, a convenient bus service that connects Ann Arbor to Detroit Metro Airport. Cycling enthusiasts will appreciate the bike-friendly nature of the area, with dedicated bike lanes on many downtown streets. This makes Tower Plaza an excellent choice for those who prefer two-wheeled transportation for their daily commutes or leisure rides. For longer trips or visits to nearby cities, the Amtrak station is within walking distance, offering rail connections to Detroit, Chicago, and other regional destinations. Those needing to travel by air will find Detroit Metro Wayne County Airport about a 40-minute drive away, easily accessible via the Michigan Flyer service or by car. While the building's central location reduces the need for personal vehicles, parking is available for residents who do own cars. However, given the limited nature of downtown parking, it's worth noting that spaces may be subject to availability and additional fees. The combination of walkability, robust public transit options, and bike-friendly infrastructure makes Tower Plaza an ideal choice for those seeking a car-optional lifestyle in the heart of Ann Arbor.

Available Units

Building Details

Amenities

  • Views
  • Concierge
  • On-Site Retail
  • Public Transportation
  • Meeting Room
  • Laundry Facilities
  • Community Storage Space
  • 24-Hour Security
  • Controlled Access

Parking

  • Off-Street Parking

Pet Policy

  • Pets Allowed
  • Dogs and Cats Allowed
  • The building has rules on how big a pet can be within a unit

Condo Association

  • $666 Monthly HOA Fees
  • Monthly HOA Fees Range from $560 - $1,075
  • Association fees include water, heat
  • Kramer Triad Tower Plaza Association, Phone Number (734) 973-5500
  • Tower Plaza Condos
  • Tower Plaza Subdivision

Building Design

  • High-Rise Condominium
  • Elevator
  • Lobby

Unit Features

  • Laundry Room

Unit Information By Building

Unit
4A
12i
14C
16K
19C
23A
Beds
1 Bed
1 Bed
1 Bed
--
1 Bed
1 Bed
Baths
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
Sq Ft
696
596
596
396
596
696
Price
$305,000
$289,900
$299,000
$219,000
$339,900
$339,000
Price / Sq Ft
$438 / Sq Ft
$486 / Sq Ft
$502 / Sq Ft
$553 / Sq Ft
$570 / Sq Ft
$487 / Sq Ft
List Date
03/19/2025
04/03/2025
03/18/2025
04/07/2025
03/29/2025
12/04/2024

Unit Size and Value Ranges

Studio Units
Sq Ft Range
383 - 430
Est. Values
$194,801 - $566,138
1 Bedroom Units
Sq Ft Range
383 - 979
Est. Values
$202,859 - $393,912
2 Bedroom Units
Sq Ft Range
400 - 1,192
Est. Values
$398,942 - $594,696
All Units
Sq Ft Range
383 - 1,192
Est. Values
$194,801 - $594,696

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Very Bikeable

Bike Score®

87 / 100

Walker's Paradise

Walk Score®

97 / 100

Excellent Transit

Transit Score®

78 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$75K - $252K
Range of Taxes in Building
$1,908 - $9,344
Range of Taxes per Sq Ft
$4.90 - $19.32

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
University Realty
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.