The Traverse City Record-Eagle reports on a cool new project planned for medical cannabis retailer Green Pharm’s building in Traverse City:
The retailer’s Traverse City location on Parsons Road — its second in the state, with a Kalkaska store opening soon — is set to grow by two stories, said Daniel Till, Green Pharm head of business development. Work could start soon on adding two stories of long-term apartments atop its storefront at the corner of Avenue B, for a total of five units.
Another building on the same lot could be right behind, Till said. The business plans to build a four-story building, with the first floor to house a wellness center. Services will focus on alternative healing methods like electromagnetic pulse and acoustic sound wave therapies, plus stem cell and exosome therapies.
The idea is to provide affordable access to regenerative therapy tech, especially those focused on relieving chronic pain, Till said.
“There’s a lot of cool stuff out there that I can’t wait to have in the center, that I can’t wait for everyone to have access to,” he said.
The top three floors of this planned second building would be apartments, Till said. Sizes would range from one-bedrooms to a planned large unit on the top floor. He couldn’t say what the target rent range will be without further research into area rates.
Other planned amenities include a dog park and bike wash, plus a connection to the nearby Traverse Area Recreation and Transportation Trail, Till said.
These plans are aimed at giving the business a boost in the competitive scoring process the city recently adopted for awarding its four recreational marijuana retail licenses, Till agreed. But they’re not conditioned on getting one.
“We’re going to construct the building and move forward whether or not we receive the recreational license,” he said. “To us, it makes sense either way.”
Lots more in the Record-Eagle & kudos to Green Pharm. You can follow Green Pharm Traverse City on Instagram for the latest!
Get a list of Traverse City recreational dispensaries on our Traverse City & Northwest Michigan page!