Filer CU – New Ludington Branch
Services Provided: Strategic Site Study, Site negotiation, due diligence and acquisition, Retail Design and Team Build Construction
Completion: July 2024
Job Cost: $ 1,769,786
Building Size: 3,180 sq. ft.
Type/Location: New Branch – Ludington, MI
Description: The client was looking to grow their branch network so we completed a Strategic Site Study to compare three potential markets. The study showed that Ludington provided the best opportunity for growth so we then presented the 5 best sites in the area and ended up with a site in front of the Meijer between Ludington and Scottsville. This location has very good traffic counts with one the best demand generators in the area, Meijers.
We had not previously developed a Meijer outlet and found them great to work with. The site plan approval, closing on the property and completing all due diligence all went off without a hitch. We went from Purchase Agreement on 4/3/23 to starting construction on 8/30/23, closed in the building by the late Fall and finished construction in late Spring 2024.
We probably could have finished the building a bit quicker but the client wasn’t in a hurry so the finish date worked well for them.
We were able to create a unique prototype branch that Filer CU will be able to use in future developments and even retro-fit components to existing branches to continue to strengthen their brand!