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Commercial Real Estate (80)

Developers plan to convert one of Grand Rapids’ oldest office buildings into 40 market-rate apartments and an extended-stay hotel — and maintain some of its existing commercial tenants.

A new crowdfunding portal wants to encourage everyday people to invest in Michigan-based real estate projects that support startups and small businesses.

As an architect, Nate Gillette was instrumental in the design of several key projects in Grand Rapids’ East Hills neighborhood. He later went on to lead the sustainability focused division of a local energy and environmental firm.

Mecosta County might not come to mind as a hotbed for development, but the community has been busy lately.

The hospitality market across West Michigan is gearing up for a level of development not experienced in years.

A former Kenowa Hills Public School building in Walker will soon be home to the headquarters of one of the state’s largest electrical contractors.

An April groundbreaking on a $26 million senior living project at the Metro Health Village campus in Wyoming signals the start of what one developer sees as a $1 billion opportunity.

A 10-bill package that would completely reimburse local communities for lost revenues as a result of reforms to the state’s industrial personal property tax is headed to the Legislature.

While farmland values are expected to increase again in 2014, the rate of that increase is expected to soften due to slumping commodity prices.

Thanks to strong job growth and shrinking inventory in a number of asset classes, commercial real estate brokers in West Michigan expect growth through the first half of 2014.

Nearly four years after its completion at a cost of $1.8 million, the city-owned Ionia-Mason parking lot in downtown Grand Rapids is nearly filled to capacity — with snow.

While investments in Grand Rapids’ urban core remain a focus for CWD Real Estate Investment LLC, the developer also has expansion plans for its suburban holdings.

More details have emerged about development plans for the Aslan Building at 600 Seventh Street on Grand Rapids’ west side neighborhood. Working with Canadian investment partners, Grand Rapids-based Orion Real Estate Solutions is planning to renovate the building into a mixed-use residential development called Seventh St. Lofts.

A new hotel is in the works for downtown Grand Rapids.

The West Michigan region is losing its diamond-in-the-rough status, but that’s not bad news when it comes to commercial real estate.

West Michigan construction executives might relish the chance to take a three-day trip to Palm Springs, Fla. in the middle of February. But the trip is more than a vacation for CD Barnes Construction Executive Vice President Todd Oosting, who’s meeting up with an “invaluable” industry peer group that helps members better their individual businesses.

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