TRAVERSE CITY, Mich. (Michigan News Source) – Michigan’s third largest airport is seeking a $120 million dollar expansion.

Cherry Capital Airport in Traverse City has been granted preliminary approval to issue $60 million dollars in bonds. The Airport is in the early stages of adding about 85,000 square feet to its terminal.

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Director Kevin Klien says the project is about a two-year cycle. Klein anticipates the expansion will be completed in 2028.