Two Ballard businesses will be moving into the Kolstrand Building next year.

Dutch Bike Co. and Turnstyle are the first two businesses to sign on as tenants of the nearly 100-year-old. The bike shop, which is currently at 4421 Shilshole Ave NW, will take up 1,500 square feet of the ground floor retail space and the graphic designers will move from 2219 NW Market to a 6,000 square foot office space in the refurbished building. The makeover on the building will include both restaurant and retail space as well as office and live/work lofts. Construction is expected to be completed by the first quarter of next year.