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The very first settlement of the area was in 1839 by the Reverend Peter Doughtery on what is called Old Mission Peninsula.
Some of its original structures are still standing (including the broad frame mission house built by Dougherty and his Indian neighbors in 1842) and have the look and feel of museum pieces -- except that they're still being used.
Settled in 1847 and named for the bay, it developed from a timber town into one of the nation’s chief cherry-processing markets and the hub of a vast year-round resort area.
1852 First planting of cherry trees on Old Mission.
In 1853, Albert Lay succeeded in getting the federal government in Washington D.C. to authorize a new post office in the new settlement he had invested so much in.
In 1872 a railroad had come to the area, which also did a great deal to spur development.
Cutline: Built in 1882 as a social club for the Bohemian woodworkers, it's still a favorite local watering hole.
1884 Steinberg’s Opera house opens on Dec.
1885 First National Bank opens in the Leach Building at 202 East Front 1885 State Hospital built and opened in Nov.
1885 First city electricity furnished by Henry D. Campbell & Sons.
But the city’s biggest economic windfall came in 1885, when it was designated as the site of the Northern Michigan Asylum, which became one of the city’s major employers and eventually housed a population several times larger than that of the town itself.
1886 Hannah Lay sells lumber interests.
1886 Hitching posts on Front Street replaced by rings in board sidewalks 1886 Traverse City High School replaced with brick building on the same site.
Start at the immense 32-room Perry Hannah House, built by Traverse City founder Perry Hannah in 1893.
Original damaged in 1896 fire.
1902 People Savings opened at 134 E. Front 1902 First canning factory built on Hall Street Traverse City Canning Co.
1911 Boardman Hospital opens on Cass.
The first building in Traverse City to install electric lights, the Opera House hosted plays, lectures, meetings, balls, concerts and vaudeville acts before closing in 1920.
1926 Bridge built over Boardman river at north end of Cass Street.
Northwestern Michigan College (1951) is located in the city.
The hospital closed in 1989, but its extensive forested grounds and stately castle-like buildings have been preserved and are being transformed into a complex of shops, restaurants, offices and apartments that has become one of the city's most appealing attractions.
These initial acts of entrepreneurship and development, the city boasted a population of nearly 15,000 people in the 2010 consensus.
© 2022 Michigan Economic Development Corporation.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Rifle, Colorado | 1882 | $1.3M | 125 | - |
| City of Round Rock | 1854 | $45.0M | 504 | 23 |
| City of High Point | 1859 | $97.0M | 3,000 | 73 |
| Sandy City Human Resources | - | - | - | - |
| City of Farmington | - | $17.0M | 750 | 132 |
| City of Abilene Texas | 1911 | $65.0M | 4,999 | 62 |
| City of Kokomo | - | $1.8M | 20 | - |
| City of Rome | 1870 | $720,000 | 50 | 1 |
| City Of Douglass Hills | - | $200,000 | 5 | - |
| City Of Gonzales | - | $1.7M | 125 | - |
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