The Flats of Acme Village

First Project to Close Under the Amended Statute and PACE 3.0 Program Guide!

The Flats of Acme Village, a currently vacant lot, is set to be transformed into a 60-unit luxury apartment complex within Grand Traverse County. The complex will be 10 one-story buildings with a mix of two- and three-bedroom units equipped with stainless-steel appliances, granite countertops, a community clubhouse, and walking trails throughout the property. Additionally, The Flats of Acme Village will be within walking distance from the East Arm of Grand Traverse Bay, making it a prime location for future residents. 

This new construction project will utilize over $5.6 million in PACE financing to build above code and to a higher efficiency. Acme Village Phase 1 LLC, along with G-Energy, The Granger Group, and financing from Peachtree will implement a wide variety of energy efficiency measures to the building envelope, windows, HVAC, lighting, and plumbing. The energy upgrades will ensure a sustainable and comfortable environment for years to come.

The Flats of Acme Village PACE project comes at an exciting time for new development and sustainability goals in Grand Traverse. All parties involved set a great example for how property owners can accommodate a growing demand for housing in Northern Michigan while maintaining a sustainable environment.