Northern MI Housing & Real Estate Pressures
Key Questions
What housing goals are in Manistee's master plan?
Manistee's master plan outlines a vision for 3,630 housing units, including R-2 zoning for tiny homes and duplexes. It addresses the need for more housing in the city.
What are average rents in Petoskey?
Petoskey rents exceed $1500, attracting retirees for lakeside living. This contributes to housing pressures amid retiree influx.
What funding supports Traverse City and Boyne housing?
TC Minervini and MSHDA provide $9.5M for Garfield, while Boyne has $3.6M. These initiatives tackle affordability issues.
What business expansions are planned in the region?
Short’s Brewing plans a third Traverse City location, and Chipotle is adding a drive-thru. North Channel Brewing is reopening under new ownership.
When are Manistee council meetings on CIP and zoning?
Councils are addressing CIP and zoning appeals on April 27. Manistee Zoning Board of Appeals holds a public hearing April 27 at 4 PM.
What is the Gateway project status?
The $91M Gateway project construction starts April 10 at River Street and US 31. It is a long-awaited development by Little River Holdings.
How is Manistee strengthening anti-blight measures?
Manistee is updating its anti-blight ordinance, with council petitions available. Zoning changes also support child care facilities.
What state and local incentives address housing shortages?
Experts highlight housing affordability as key to growth, with incentives at state and local levels. OPRA Water St and other zoning updates are in progress.
Manistee master plan 3630 units/R-2 tiny/duplexes Apr21/OPRA Water St/anti-blight/child care zoning/Gateway $91M/North Channel reopen; Petoskey rents $1500+/retirees; TC Minervini/MSHDA $9.5M Garfield/Boyne $3.6M; Short’s expansion/Chipotle drive-thru; councils CIP/zoning appeals Apr27.