Underachiever On State Street
By Patrick Sullivan | March 20, 2019
A giant building on State Street in downtown Traverse City building almost “hides in plain sight,” though it takes up over half the block, seemingly sits mostly idle, and is tax exempt, at least as far as the City of Traverse City is concerned.
Jean Derenzy, who took over as executive director of the Downtown Development Authority (DDA) last year, has noticed: The AT&T building at 142 E. State is valuable real estate, and it’s going underused, she says.
Derenzy says the DDA has approached AT&T to start a conversation about doing something different with the property, though nothing has yet materialized.
“We are trying to start those discussions ...
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