Sydney Smith

Sydney Smith

Staff Writer, covers real estate and economic development
Twitter: @BizSyd
Email: [email protected]

GRANDVILLE — The Grand Castle LLC has secured a $48.3 million bridge loan from Maryland-based real estate finance firm Walker & Dunlop Inc.

WYOMING — Developers of a $35 million housing project at the former Studio 28 movie theater property hope the development will be a catalyst for more activity in Wyoming.

GRAND RAPIDS — Spectrum Health continues to scoop up property along Michigan Street east of downtown and its Butterworth Hospital campus. 

GRAND RAPIDS — CWD Real Estate Investment Inc. want to reshape a key downtown corridor with more retail users, including storefronts and restaurants.

Sunday, 10 November 2019 18:29

Ada gains steam with new businesses

ADA — After observing the revitalization of the Ada Village Business District, outdoor retailer Bill & Paul’s Sporthaus is expanding in the suburban community with a new 3,669-square-foot store. 

In the last year, Kalamazoo-based construction manager CSM Group Inc. has hired an in-house recruiter as part of its human resources team.

popular Grand Rapids brewery learned the hard way that focusing on winning a lawsuit can cost a company in other tangible ways if it loses first in the court of public opinion. 

Given the demographics in the workforce and the physical nature of the work, construction companies cannot avoid learning about the opioid crisis. 

DALTON TOWNSHIP — The would-be creators of a large agricultural and industrial complex for growing cannabis have decided not to purchase long-vacant property at the North Muskegon Business Park.

BATTLE CREEK — Management and development company LKV Ventures LLC will use a grant from Battle Creek Unlimited to help renovate a historic building in downtown Battle Creek. 

GRAND RAPIDS — Faced with multiple departures from leadership positions at the city of Grand Rapids, City Manager Mark Washington wants to avoid being “hasty” about hiring replacements.

GRAND RAPIDS — Multiple organizations have partnered to assess how Grand Rapids can attract and retain retail across all parts of the city.

HOLLAND — Last year, travelers from all 50 states and 47 countries stopped into the Holland Area Visitors Bureau while visiting the city. 

GRAND RAPIDS — The owner of Anna’s House restaurant has voluntarily dismissed its lawsuit against the Meritage Hospitality Group over its newly-opened Morning Belle restaurant.

Sunday, 27 October 2019 09:02

Q&A: J.T. Weis CEO, Abcor Industries LLC

Most of the employees at Abcor Industries LLC, a Holland-based manufacturer of powder-coated wood products, are convicted felons. J.T. Weis, the company’s CEO and owner since 2012, said the employment of ex-offenders is part of Abcor’s triple bottom line business strategy.

CASCADE TWP. — Cascade Township officials are exploring the use of a vacant manufacturing headquarters facility as a potential site for consolidated township offices. 

GRAND RAPIDS — Nonprofits LINC Up and Dwelling Place, along with general contractor Orion Construction Co. Inc., broke ground today on the second phase of an affordable housing development in Grand Rapids’ Garfield Park neighborhood.

GRAND RAPIDS — The city of Grand Rapids is seeking development partners for a downtown mixed-use structure that includes retail, parking and possibly housing or commercial development. 

Wednesday, 23 October 2019 14:12

Blain’s Farm & Fleet coming to Walker

WALKER — Blain’s Farm & Fleet has announced its fifth location in Michigan, to be located in the Standale Shopping District in Walker.

GRAND RAPIDS — The company that owns the popular Grand Rapids breakfast spot Anna’s House has sued the owners of the newly-opened Morning Belle restaurant. 

LUDINGTON — A Grand Rapids developer and Lansing-based nonprofit investor Michigan Community Capital are hoping to turn a donated building into apartments in Ludington.

BATTLE CREEK — JPG Resources, a Battle Creek-based food and beverage consulting group, has been awarded a $208,618 grant from Battle Creek Unlimited (BCU) through its downtown Real Estate Improvement Fund. 

GRAND RAPIDS — NaturaShield LLC, a Grand Rapids-based energy efficient roofing company, has relocated to the Cottage Grove neighborhood on the city’s southeast side.

Monday, 14 October 2019 15:16

Bill & Paul’s Sporthaus expanding in Ada

ADA — Retailer Bill & Paul’s Sporthaus is expanding in Ada with Beyond by Bill & Paul’s, an outdoor lifestyle, clothing, footwear and accessories store.

GRAND RAPIDS — Woodland Mall is inviting shoppers to “rediscover” the center after its $100 million redevelopment, which has paved the way for a wave of new retailers. 

On the heels of a range of downtown developments coming online in recent years, Orion Real Estate Solutions saw further demand for Class A office space in Grand Rapids. 

The Grand Rapids-based law firm Warner Norcross + Judd LLP has spent more than a decade as the U.S. counsel for Canada and the Windsor-Detroit Bridge Authority as it went through the arduous procurement process to build the Gordie Howe International Bridge.

Meritage Hospitality Group Inc. CEO Robert Schermer, Jr. has led the company as it has amassed a portfolio of about 400 Wendy’s restaurant locations and grown its revenue to nearly half a billion dollars.

After 10 years as an annual event, ArtPrize switched to a biennial model for the first time this year with the debut of Project 1, a city-wide series of events and exhibitions from a handful of artists. The move marked a dramatic shift from the ArtPrize competition, which involves hundreds of artists.

WALKER — Flexco Grand Rapids, a manufacturer of conveyor maintenance equipment, is relocating its Michigan operations to the WalkerView Industrial Park.