New Townhome Development Aims for Attainable Homeownership in Northern Michigan
A new housing development named Old Town Blackwood is under construction in Grawn, Northern Michigan, aiming to provide more attainable homeownership options with 38 townhome-style condominiums starting at $295,000.
Traverse City Cadillac, MI, October 8, 2026 — A new housing development, identified as Old Town Blackwood, is currently under construction in Grawn, Northern Michigan. The project aims to address the need for more attainable homeownership opportunities in the region.
The development will feature 38 townhome-style condominiums. The starting price point for these units is set at $295,000, positioning the project as an effort to offer accessible housing options.
Details regarding the developer or construction company behind Old Town Blackwood were not immediately available. Information regarding the projected completion timeline or the specific features included in the townhomes was also not provided in the available summary. The exact start date for construction was not specified.
The initiative by Old Town Blackwood seeks to provide a pathway to homeownership for individuals and families in Northern Michigan, a market that has seen fluctuating housing affordability trends. The development’s focus on townhome-style condominiums suggests a strategy to offer a more compact and potentially more affordable housing solution compared to single-family homes.
Further details concerning the project’s scale, amenities, or specific market impact are anticipated as construction progresses. The location in Grawn places the development within a significant area of Northern Michigan, potentially serving a broad demographic looking for new housing options.
Story summarized from the original created by Kyle Garrison on www.9and10news.com, see more information here.
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