A high-profile downtown office building is set to be converted into a new residential brownstone complex. Freshwater Development received approval from the Traverse City Historic Districts Commission Thursday for plans to convert the former Dingeman & Dancer building at the corner of Front and Park streets into a residential development with three brownstones – each of which will come with a private boat slip on the Boardman/Ottaway River. The project is the second announced this year from Freshwater Development, which is also redeveloping the former Cousin Jenny’s building at the corner of State and Union.

The three-story, 6,786-square-foot former law office building at 100 Park Street was listed on the market for $3.725 million (Dingeman & Dancer is now located at The Village at Grand Traverse Commons). The building was touted as a “once in a generation real estate opportunity” offering an “ideal residential conversion” in the heart of downtown, with Front Street on one side and the river on the other. A steel seawall is installed on the property, accommodating three permitted boat slips. The parcel also offers views of Grand Traverse Bay and direct access to the lake via the river.

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