Traverse City News and Events

Garfield Approves PILOT Agreement to Convert Ridge45 to Workforce Housing

By Beth Milligan | July 29, 2026

One of Garfield Township's largest housing developments, Ridge45 – which has 484 apartments near the corner of LaFranier and Hammond roads – will be converted to workforce housing for at least 15 years after trustees unanimously approved a payment-in-lieu-of-taxes (PILOT) agreement for the property Tuesday.

New Ridge 45 LLC – a partnership of River Caddis Communities and RMP Investments that is purchasing the apartment complex – applied for the PILOT agreement. Instead of normal property taxes, a developer under a PILOT pays a defined percentage of net shelter rents to the local municipality. In this case, New Ridge 45 LLC has a six percent agreement in place with Garfield Township for …

Read More >>

City Eyes Snow Removal Plans for Winter

Snow removal isn’t on most people’s minds in July, but Traverse City commissioners are already looking ahead …

Read More >>

TC Planning Commission Talks Eighth Street Project, Zoning Changes

Traverse City planning commissioners will hold a public hearing August 5 on rezoning the former Copy Central …

Read More >>

Dems Square Off In 37th Senate District Primary

Two newcomers to state office races will face off in the 37th state Senate District Democratic primary …

Read More >>

Community Group Aims To Raise Thousands For Central Grade HVAC

Read More >>

Flapjack & Flannel Festival Off for 2026, Will Return in 2027

Read More >>

Garfield Township Tees Up Data Center Moratorium; Incomplete Application Submitted for Project

Read More >>

Two Proposals Emerge for City West End Property

Read More >>

Peninsula Homeowners vs. Consumers Energy: Long-Running Dispute Heads To MPSC Hearing

Read More >>

City Commissioners Approve Two-Way Streets, TIF Ballot Language

Read More >>

Buell Retiring at GTACS, Milliman Named Next Leader

Read More >>

City Hires Company to Operate Hickory Hills, Aims to Grow Revenue & Programming

Read More >>

DDA Talks Next Steps for Riverwalk, Market Pavilion, Rotary Square

Read More >>

GTRLC Announces Deal to Permanently Protect YMCA Camp Hayo-Went-Ha

Read More >>

TIF Ballot Language, Two-Way Streets on City Agenda

Read More >>

The 2026 Cherry Crop Report

Read More >>

County Commissioners Adopt Trail Millage, Housing Resolutions; Receive Update on Gov Center Repairs

Read More >>

OOPs 2.0: NMC Reimagines Its Innovation & Entrepreneurship Office

Read More >>

Friends2Follow

A real-time feed of posts from our friends, favorite accounts & hashtags.



Trending News

South Airport/Cass Intersection Reopened; Update on Sewer Main

Read More >>

Greenspire School Names New Superintendent, Principals

Read More >>

What’s the Report Card for City Roads?

Read More >>

Breaking Barriers, Taking Command

Read More >>