PENINSULA PLACE – a five story, 42 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floors 2 – 4 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N Side of Building. Rooftop Garden. To Be Built, Groundbreaking was September 2021. Demolition, site prep, and pilings complete, currently in foundation stage, steel will be going up June 2022. Completion targeted for fall 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at $60,000 per space. Limestone Exterior. Marketing Brochure and Layouts available online. Prices from $700,000 on 4th floor. 2nd and 3rd floor are sold out.