Friday, August 15, 2014
If all the pieces fall into place, next year Boyne City residents could see construction beginning on another multi-million dollar redevelopment project in their downtown. Last week, Glen Catt of Gaylord-based Catt Development unveiled his company's proposal to construct an estimated $7.5 million to $8.5 million project on the west side of the 200 block of South Lake Street. Catt said the properties currently are home to the Boyne Arts Collective and the vacant Lakefront Mall building and accompanying parking lot. He said the tentative plan calls for the existing structures to be torn down and a new three-story structure to be built in its place. Catt said the plan calls for the first floor of the project to be anchored by two businesses, a bank on one side and a 7 Monks Taproom location. He said the second floor of the building would include "affordable" or "worker" housing and right now plans for the third floor are still up in the air. Full story from Petoskey News-Review.