Colonial Terrace Apartments - Welcome to Colonial Terrace Apartments! The comforts of our spacious apartments will suit your every need. Located in the heart of St Louis Park, Colonial Terrace Apartments are near many choices for shopping, dining and entertainment. You will find some wonderful community features that are hard to find in this area for such a great price! You have the options of a beautiful Studio, 1 & 2 bedroom apartments that feature new hardwood style flooring, new carpet, walk-in closets and additional storage included in your rent. Our buildings offer the convenience of elevators, underground heated parking, indoor bike racks and coin-free laundry machines. Colonial Terrace is conveniently located in St. Louis Park off of Highway 100 and Minnetonka Blvd, and just minutes away from the Shops at West End, Uptown and Minneapolis.