
Nick Manes
Staff writer, covers real estate, economic development and small business.
Twitter: @nickrmanes
Email: [email protected]
Crystal Ball 2019 Outlook Q&A: Mike Novakoski, Elzinga & Volkers
As the construction industry continues to expand, companies with the best culture will find the most success. So says Mike Novakoski, the president and CEO of Holland-based general contractor Elzinga & Volkers Inc. Like many of the region’s construction managers, the company finds itself with a strong backlog heading into the New Year and few signs of a slowdown.
Vacant land plays growing role in West Michigan real estate
With vacancy rates across all commercial real estate sectors at near record lows in West Michigan, industry executives say buyers have increasingly turned their attention to vacant land.
Roundtable: Execs see more growth ahead for urban projects amid continued demand for amenities
Stakeholders in West Michigan’s commercial real estate, architecture and construction industries are coming off another big year for development and see few signs that indicate a significant slowdown in 2019.
Executives: Rivertown Crossings likely to see some form of redevelopment
GRANDVILLE — A 20-year-old mall in southwestern Kent County could potentially turn into a mixed-use “mini-city,” or be repositioned for a sale.
Alternative lender positions black-owned GR firm for growth
GRAND RAPIDS — When realized it needed to add vehicles to its fleet to grow the business, founder Rich Flowers ran into some roadblocks familiar to many African American and minority entrepreneurs.
Family-owned apartment building near downtown GR sells for $10.25 million
An East Lansing property management firm closed this week on a deal to buy a 107-unit apartment building just east of downtown.
New lounge and restaurant proposed for long-vacant downtown Grand Rapids space
GRAND RAPIDS — Downtown could soon see its first African American-owned bar and restaurant in years.
Amid changes, local commercial real estate brokerages see growth potential
GRAND RAPIDS — Changes involving a pair of West Michigan commercial real estate brokerages could signal future growth opportunities for the firms, sources say.
Reacting to consumer demands, Meijer ramps up tech initiatives
DETROIT — Meijer Inc. largely functions as a brick-and-mortar operation, but the supercenter retailer increasingly is taking cues from tech companies as it implements new ways of serving customers.
Q&A: Dillon Rush, Lansing Economic Area Partnership
After spending the last two years running Charlotte’s Rising Tide community economic development program, Dillon Rush hopes to bring his expertise to the Lansing and Mid-Michigan region.
As election looms, Business Leaders for Michigan pushes education focus, policy consistency
DETROIT — With just days to go before a “divisive” election, the state’s business roundtable sought to stay out of politics and instead focus on Michigan’s future growth opportunities during its annual conference.
Plans for key sites on banks of Grand River unveiled
GRAND RAPIDS — A broad group of stakeholders on Thursday unveiled conceptual plans for re-designing public spaces on both banks of the Grand River through downtown Grand Rapids.
Affordable housing development moves forward on Grand Rapids’ west side
GRAND RAPIDS — The Bridge Street corridor west of downtown Grand Rapids continues to serve as a magnet for new housing options.
CBRE ends affiliate relationship with Michigan brokerage
EAST LANSING — Martin Commercial Properties Inc., an East Lansing-based commercial real estate brokerage with a Grand Rapids office, will end its 20-year affiliate relationship with CBRE Inc. at the end of this year.
Developer cancels downtown GR office project amid low demand
GRAND RAPIDS — With minimal “velocity” in the West Michigan office market, Franklin Partners LLC has backed away from plans to construct a $30 million, 100,000-square-foot glass and steel office project on the south end of downtown.
Startups find a place in West Michigan, despite cultural challenges
From the cannabis industry to beverage manufacturers to tech-focused firms, West Michigan continues to see an uptick in startups.
Grand Rapids, Start Garden seek to repair relationship
A recent kerfuffle between Grand Rapids economic development officials and executives at Start Garden Inc. highlights the challenges cities face when they try to encourage more entrepreneurial investments.
Q&A: Tim Horner, Warner Norcross + Judd LLP
Tim Horner was ready for a celebration. The Grand Rapids attorney at Warner Norcross + Judd LLP has spent more than a decade as the U.S. counsel for Canada and the Windsor-Detroit Bridge Authority (WDBA) as it has gone through the procurement process to build the Gordie Howe International Bridge connecting Detroit and Windsor.
Tribal-owned architecture firm to expand Kalamazoo headquarters
A tribal-owned architecture and engineering firm in Southwest Michigan plans to relocate its headquarters to a new Kalamazoo commercial development.
Muskegon moves ahead with plans for downtown convention center
The city of Muskegon and Muskegon County along with Parkland Properties LLC have unveiled plans for a new downtown convention center campus.
West Michigan business wrestle with unknowns over marijuana
As Grand Rapids adjusts to a new medical marijuana ordinance and as voters consider legalizing recreational marijuana later this year, employers continue to express uncertainty about the future.
Q&A: Kim Fenn, Michigan State University
Associate professor of psychology Director of the Sleep and Learning Lab, Michigan State University
Friar finds deals aplenty in niche segment of M&A sector
By focusing on the smaller end of the M&A market, Max Friar has sought to expand the deal flow for his Grand Rapids-based advisory firm.
Kothari sees positive changes in M&A market
The recent scale and scope of M&A activity around the region has made for a “pretty cool year” for deal advisers like Rajesh Kothari.
Sparks finds ‘perfect’ deal with acquisition of Nuvar
Amy Sparks’ acquisition of Nuvar Inc. in May required the company’s new top executive to adapt to her role as an “outsider” as she worked to integrate herself into the operations.
Regional planning needed as West Michigan grows, economic developers say
As the West Michigan region continues to grow, many people wonder where it could be headed in the next decade.
Meritage Hospitality reports continued sales growth amid challenges from weather
Meritage Hospitality Group Inc. continues on a growth trajectory, even after feeling the effects of a devastating hurricane last month.
Grand Rapids to explore converting downtown one-way streets to two-way traffic
Two arterial roads through the city’s central business district could go from one-way to two-way streets under a new plan being considered by the Downtown Development Authority.
WMCAT joins state push to focus on cybersecurity
The West Michigan Center for Arts and Technology (WMCAT) has been named the state’s fifth “Cyber Range Hub,” an initiative aimed at bolstering the Michigan’s cybersecurity defenses.
Bradley Co. acquires commercial real estate firm X Ventures
Bradley Co. LLC wants to bolster its presence in West Michigan’s commercial real estate market via a new acquisition.