The first-ever $19.3 million, Traverse City-based FishPass contract awarded by the U.S. Army Corps of Engineers singled out a fourth-generation, local company among a host of national competitors. Weather depending, Spence Brothers Construction could shortly begin the two-year project, which replaces Traverse City's Union Street Dam...
Kingsley, once thought of as a bedroom community to Traverse City, is waking up to residential and commercial growth, with a net gain in new business openings and other signs of renewal. Property developer Terry Beia says Kingsley has much more going for it than just...
From decks to sheds to houses, construction is going to be more expensive for the foreseeable future. It's "a perfect storm" of factors that have caused lumber prices to skyrocket over the course of 2020, says Kingsley Lumber CEO Mike Tucker. [caption id="attachment_59199" align="alignleft" width="272"] Kingsley Lumber...
Imagine that you have all the money you need to build your dream home, but you can't find the carpenter, electrician, plumber, or roofer you need to complete the work. As time goes on, you find yourself outbid for desirable builders and lots. Our region faces this...
The grass isn’t always greener on the other side. But enough businesses from downstate must see green grass in this area, as more and more of them open offices or outlets in this area. But what do those in the Motor City – or for...
When opportunity knocks, sometimes it takes a while for someone to answer. While more than 53 projects have been announced in the Opportunity Zones across Michigan, there hasn’t been any action on the one which straddles portions of Traverse City and Garfield Township. “It didn’t blow...
Terry Beia and his partners had just sold some assets in their Traverse City-based oil and gas company, Omega Resources. So where to reinvest the gains? It was 1998, with investment choices galore, from a booming stock market to continued strength in the oil fields...
[caption id="attachment_26324" align="alignleft" width="300"] Joint Ventures is set to open a store called Highly Cannaco at 752 Munson Ave. in the former home of Life Story Funeral Home.[/caption] A lottery for 13 local marijuana dispensary/retail store licenses this past year sent commercial real estate prices in...
Having worked in the real estate industry for more than 20 years now, the age-old question that gets asked about once a week is, “So, how is the market?” My initial reaction has always been, “Well, what street are you referring to?” I don’t say this...
Everyone knows the big players on the real estate scene that boast 10, 20 or more Realtors in each office. But smaller operations abound in northern Michigan – boutique brokerages with a handful of agents. These smaller outfits say that they are not only surviving, but...
