New Four Unit Luxury Condominiums Open Downtown, Boosting Local Market
The Ottaway, a four residence condominium building designed by AMDG, opened on East Front Street in Traverse City on November 26, 2025. The development brings high end residential amenities and two retail spaces to the downtown core, a change that could affect property values, tax revenues, and downtown commerce.
Developers unveiled The Ottaway on November 26, 2025, announcing a boutique luxury condominium project of four full floor residences located on East Front Street. Designed by international architecture firm AMDG with inspiration drawn from Chicago’s Gold Coast and New York’s Upper East Side, the building is positioned to blend classic styling with local character and natural surroundings. Developers said the building was designed to reflect Traverse City’s history, character, and natural surroundings.
Each residence features private elevator access to a foyer that opens to an open living and dining area, a gourmet kitchen, sliding doors to a covered porch, and a primary suite with a Juliette balcony overlooking West Bay. The floor plans include a walk in closet, a spa style bathroom, three additional bedrooms, two full baths, and a laundry room. Interior specifications list crown moulding, custom millwork, hardwood floors, quartz countertops, Wolf and Sub Zero appliances, and Kohler fixtures. Owner amenities include two heated garage spaces per residence, a fitness room, private storage, and Traverse City’s first rooftop pool with dining and recreation areas overlooking West Bay. The building also contains two main floor retail units.
The project arrives amid continued interest in downtown living and premium second home markets. For Grand Traverse County residents, the immediate implications include a modest expansion of the property tax base and new commercial activity tied to the retail units. The addition of high amenity residences may put upward pressure on nearby luxury pricing and create competitive dynamics for existing condominium offerings. The rooftop pool and waterfront views add unique selling points that could attract seasonal buyers and long term residents alike.
Policy considerations for local officials include view protection, infrastructure demands and integration with the emerging Boardman Ottaway Green Space and adjacent river corridor. The development sits apart from the busier US 31 corridor yet provides immediate downtown access, a positioning that reinforces downtown as a center for both living and commerce. For more information visit TheOttaway.com or contact Joel Peterson.
