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Commongrounds is a real estate cooperative focused on making the community we love even better, starting with 416 Eighth Street. The cooperative's pilot project is a four story mixed-use building in downtown Traverse City, scheduled to break ground in Spring 2019, with 9-12 months for construction. The first two floors are an integrated food/beverage, concert/arts, childcare, and office/coworking space designed as a hub for collaboration, innovation, and creative endeavors that serve community needs. The third and fourth floors have workforce housing designed to provide housing for people working in the Eighth Street corridor.

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Commongrounds Questions

The Commongrounds annual revenue was $2 million in 2024.

Commongrounds is based in Traverse City, Michigan.

The NAICS codes for Commongrounds are [8122, 81222, 81, 812].

The SIC codes for Commongrounds are [653, 65].

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