Editing Commongrounds

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[[File:Commongrounds.jpg|600px|thumb|right|Commongrounds rendering]][[File:Commongrounds-live.jpg|600px|thumb|right]]Commongrounds is a new 4-story, 50,000 s.f. $16 million development in Traverse City, Michigan cooperatively owned by nearly 600 members. It will feature a food incubator, coffeeshop, distillery, childcare center, coworking space for impact organizations and businesses, performing arts and events space, artist-in-residence space, and 24 workforce rental units. Construction began in Fall 2020, with tenants scheduled to move in by 2022.
[[File:Commongrounds.jpg|600px|thumb|right|Commongrounds rendering]]Commongrounds is a new 4-story, 50,000 s.f. $16 million development in Traverse City, Michigan cooperatively owned by nearly 600 members. It will feature a food incubator, coffeeshop, distillery, childcare center, cowering space for impact organizations and businesses, performing arts and events space, artist-in-residence space, and 24 workforce rental units. Construction began in Fall 2020, with tenants scheduled to move in by 2022.


=Mission, Values, Vision=
=Mission, Values, Vision=
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===Community Owners===
===Community Owners===
Anyone who purchases a $50 share. They vote in three of the board directors and are invited to participate in the annual ownership meeting.
Anyone who purchases a $50 share. They vote in three of the board directors and are invited to participate in the annual ownership meeting.
[[File:Commongrounds-ownership.jpg|600px]]


=Governance=
=Governance=
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* Commongrounds opens!
* Commongrounds opens!


=Crowdfunding=
=Resources=
* [http://commongrounds.coop Website]
* [http://commongrounds.coop Website]
* [https://localstake.com/businesses/commongrounds-cooperative-cf/preview Non-accredited crowd-lending campaign 2019 ($500 min)]: $272,000 raised from 101 investors
* [https://localstake.com/businesses/commongrounds-cooperative-cf/preview Non-accredited crowd-lending campaign 2019 ($500 min)]
August 20, 2019 to April 16, 2020
* [https://localstake.com/businesses/commongrounds-cooperative/preview Accredited crowd-lending campaign 2019 ($10,000 min)]
* [https://localstake.com/businesses/commongrounds-cooperative/preview Accredited crowd-lending campaign 2019 ($10,000 min)]: $546,000 raised from 26 investors August 20, 2019 to April 2, 2020
* [https://mainvest.com/b/commongrounds-cooperative-traverse-city Non-accredited crowd-lending campaign 2021 ($100 min)]
* [https://mainvest.com/b/commongrounds-cooperative-traverse-city Non-accredited crowd-lending campaign 2021 ($100 min)]: $426,000 over 7 months


=Resources=
* [http://commongrounds.coop Website]


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