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SITE MULTI USE DEVELOPMENT OPEN SPACE PARK/CHERRY FESTIVAL TRAVERSE CITY TOURISM Grandview Place is a unique, prime two-parcel assembly that fronts Grandview Parkway in beautiful downtown Traverse City, Michigan. This redevelopment opportunity has it all! It offers unobstructed and panoramic views of the West Bay, adjacent to the downtown shopping areas and nearby access to the recreational trail system. Across Grandview Parkway is home to the national Cherry Festival, beaches and a marina. This location is one of the premier redevelopment sites in Michigan. Perfect for hotel, retail, residences or a variety of mixed uses. The site consists of two, 100X 150parcels, totaling just under one acre with 200of frontage along Grandview Parkway. There is an additional parcel available for purchase. The site is zoned C-4a and is approved for Brownfield TIF and MDEQ grant/loans. Phase II Environmental, hazardous material abatement, and building demolitions have been completed. ZBA approval for 49’ height, with 60’ height for rooftop elevators, restrooms, vendor area. Prospective investors please contact Steve Poole, CCIM with Colliers International via email at [email protected] no later than February 28, 2019. Please include an introduction to your company or organization, level of interest and intent for this unique investment/ development opportunity, as well as prior development experience and financial depth. West Michigan 333 Bridge Street NW, Suite 1200 Grand Rapids, MI 49504 616 774 3500 | www.colliers.com/westmichigan

MULTI USE DEVELOPMENT TRAVERSE CITY …...• 5 Most Romantic Getaways in Michigan - trekbible (October 2018) • Top 20 Cities to Retire In - ListsforAll.com (October 2018) • Best

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Page 1: MULTI USE DEVELOPMENT TRAVERSE CITY …...• 5 Most Romantic Getaways in Michigan - trekbible (October 2018) • Top 20 Cities to Retire In - ListsforAll.com (October 2018) • Best

SITE

MULTI USE DEVELOPMENT

OPEN SPACE PARK/CHERRY

FESTIVAL

TRAVERSE CITYTOURISM

Grandview Place is a unique, prime two-parcel assembly that fronts Grandview Parkway in beautiful downtown Traverse City, Michigan. This redevelopment opportunity has it all! It off ers unobstructed and panoramic views of the West Bay, adjacent to the downtown shopping areas and nearby access to the recreational trail system. Across Grandview Parkway is home to the national Cherry Festival, beaches and a marina. This location is one of the premier redevelopment sites in Michigan. Perfect for hotel, retail, residences ora variety of mixed uses.

The site consists of two, 100’ X 150’ parcels, totaling just under one acre with 200’ of frontage along Grandview Parkway. There is an additional parcel available for purchase. The site is zoned C-4a and is approved for Brownfi eld TIF and MDEQ grant/loans. Phase II Environmental, hazardous material abatement, and building demolitions have been completed. ZBA approval for 49’ height, with 60’ height for rooftop elevators, restrooms, vendor area.

Prospective investors please contact Steve Poole, CCIM with Colliers International via email at [email protected] no later than February 28, 2019. Please include an introduction to your company or organization, level of interest and intent for this unique investment/development opportunity, as well as prior development experience and fi nancial depth.

West Michigan333 Bridge Street NW, Suite 1200

Grand Rapids, MI 49504616 774 3500 | www.colliers.com/westmichigan

Page 2: MULTI USE DEVELOPMENT TRAVERSE CITY …...• 5 Most Romantic Getaways in Michigan - trekbible (October 2018) • Top 20 Cities to Retire In - ListsforAll.com (October 2018) • Best

West Michigan333 Bridge Street NW, Suite 1200

Grand Rapids, MI 49504616 774 3500 | www.colliers.com/westmichigan

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.

Steve Poole CCIMDIR 616 242 5182MOB 231 499 [email protected]

• The Best Trips of 2018 According to Travel Experts - Travelocity (January 2019)• Aff ordable U.S. Destinations for 2019 - AARP (December 2018)• Best Five Destinations In the USA for Sparkling Wine Lovers - Glass of Bubbly (December 2018) • 9 Unique Ways to Celebrate New Years Eve - MidwestLiving (November 2018) • 5 Most Romantic Getaways in Michigan - trekbible (October 2018)• Top 20 Cities to Retire In - ListsforAll.com (October 2018)• Best Wine Region: Leelanau Peninsula Named No. 3 – USA Today 10Best Readers’ Choice (Oct. 2018)• The 25 Coolest Towns in America: 2018 - Matador Network (October 2018)• Best Beach - Sleeping Bear Dunes - Budget Travel Awards (September 2018)• 10 Most Beautiful Towns in the World - Select City Magazine (September 2018)

TRAVERSE CITY TOURISM BY THE NUMBERS

3.3 MILLION visitor trips were made

to the Traverse City area

$1.18 BILLION direct spending to area businesses

12,000 JOBSin the tourism industry

in Traverse City

$1.23 BILLION in economic activity for the Traverse City Area

2012 study conducted by Anderson Economic Group