south airport road traverse city construction april 2018

Two new tenants will open soon in the Younkers Court: Design Dance studio, offering ballet, contemporary, and jazz dance, will open next to a new Board & Brush Creative Studio, a franchise that, according to the company’s web site, allows visitors to “build on-trend, farmhouse-classic, inspirational pieces of décor for your home, office or cottage.”Ĭhuck Cherney of Cherney Realty Advisors in Battle Creek, which handles Cherryland leasing, says he’s “talking to several people about” the 57,000 square foot Younkers space, though it ultimately might have be split into smaller spaces.Ĭherney believes Cherryland still has several advantages as retailers look for space in and around Traverse City. Vemulapalli says he would like to acquire the Sears store, but his calls to Sears have been unreturned. The 95,000 square foot Sears building is owned by Sears. Kumar Vemulapalli of Flint has owned the center since 2013 he does not own the 85,000 square foot Kmart building, which is owned by Schostak Brothers and Company (Schostak has proposed a U-Haul rental and storage facility at the site). Two miles down South Airport Road is Cherryland Center, which faces major change following the closure of anchors Kmart, Sears, and Younkers. Grand Traverse Crossings has a relatively new owner itself: Garfield Township officials confirm the center was sold to a Royal Oak-based real estate and development company earlier this year. A HomeGoods store will open in Petoskey in October.Ī new 95-room Fairfield Inn has been proposed at the center as well. HomeGoods, owned by TJ Maxx, is a discount home furnishings chain. Several sources and the sales package for the Walmart building also indicate a new HomeGoods store will open at the Crossings where Toys R Us closed this summer. The three-and-a-half acre Walmart within the Grand Traverse Crossings center on South Airport Road is listed for sale by Fortis Net Lease of Farmington Hills Walmart’s current lease expires in 2026. The building that’s home to Traverse City’s Walmart is for sale for $9 million, just a part of the news happening at the area’s three major malls. Want To Buy A Walmart? And HomeGoods Coming to TC By Luke Haase

South airport road traverse city construction april 2018