©2016 Michigan Economic Development Corporation

Granholm Announces State to Help Create 130 New Jobs in Traverse City

Friday, February 24, 2006

Michael Shore, MEDC
(517) 335-4590

$43 Million in Private Investment to Transform Vacant Site

The developer, Federated Properties 124 LLC, will utilize a brownfield tax credit valued at $1 million to transform the site into an approximately 70,000-square-foot development with 18,000 square feet of retail space, 33,000 square feet of office space and possibly 14 condominium units.



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