TCLP Provides Update on Cedar Run Property Sale
Thursday, August 28, 2025
Contact: Hannah Duell, Communications Specialist, (231) 932-4544, hduell@tclp.org
Traverse City, MI — Traverse City Light & Power (TCLP) announced today that Livwell, the prospective purchaser of the Cedar Run property, has exercised its contractual right to conclude the purchase agreement. TCLP appreciates Livwell’s vision and collaborative engagement during the discussions.
With the agreement concluded, TCLP is taking the opportunity to pause and thoughtfully evaluate its next steps and potential opportunities for the property moving forward. Any decisions will be guided by the utility’s mission, operational needs, and commitment to delivering long-term value to its customers and the community.
Should TCLP decide to dispose of the property or any portion of it in the future, the process will be conducted through the public solicitation of proposals and offers, consistent with the utility’s established approach to property transactions.
“Our responsibility is to ensure that every step we take is in the best interest of our customers/ratepayers and the community we serve,” said Brandie Ekren, Executive Director of TCLP. “We are committed to making decisions that are thoughtful, transparent, and aligned with our strategic priorities.”
Background
The Cedar Run property is situated in Garfield Township and encompasses approximately 49.5 acres, including 16 acres subject to an environmentally restrictive covenant. TCLP began evaluating potential uses for the property in 2019.
In 2023, the TCLP Board decided to offer the property for sale, beginning with outreach to nonprofit organizations in early 2024. The Board’s objectives were to be mindful of its fiduciary responsibility to ratepayers, respect the community and natural environment, and encourage development consistent with TCLP’s environmental sustainability goals, including the preference for all-electric structures.
In late summer 2024, the sale opportunity was opened to private entities. In December 2024, TCLP entered into a purchase agreement with Livwell Homes for the property, sold as-is for $850,000, with a concept that included preserving public trails, natural spaces, and housing.
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About Traverse City Light & Power
Serving the community for over a century, Traverse City Light & Power (TCLP) is a municipally owned utility providing electric and telecommunication services to Traverse City and surrounding areas. Guided by its mission to deliver affordable, reliable, and sustainable services, TCLP’s vision is to be a trusted partner in powering a sustainable and connected community. The utility’s Strategic Plan focuses on six priorities: Community Enrichment, Employee Excellence, Customer Experience, Operational & Financial Excellence, Technology Transition, and Environmental Sustainability.
For more information on TCLP and its commitment to reliability, visit www.tclp.org