Displaying items tagged: CWD Real Estate Investment Inc

Wednesday, 04 January 2023 16:13

CWD buys Creston neighborhood eatery, taps Essence Restaurant Group to take over Lucy’s cafe

GRAND RAPIDS — Restaurant operator Essence Restaurant Group LLC, which owns The Green Well, Bistro Bella Vita and Grove in Grand Rapids, is now taking over Lucy’s, a breakfast, brunch and coffee bar concept in the Creston neighborhood. 

Monday, 06 June 2022 13:57

Large Walker townhouse development tabled following neighborhood, staff concerns

WALKER — City planning officials have tabled the site plan review for a 186-unit residential townhouse development proposed at the former Greenridge Country Club golf course.

Sunday, 15 May 2022 18:07

After recent acquisitions, Chicago property management firm sees ‘lot of opportunities’ in Grand Rapids

A Chicago-based property management firm sees long-term opportunity in the Grand Rapids market following a pair of apartment building acquisitions in the past six months totaling more than $17 million in investment.

Sunday, 08 May 2022 18:49

MiBiz Growth Report: May 9, 2022

Here is the MiBiz Growth report for May 9, 2022:

Published in Economic Development
Friday, 29 April 2022 18:42

The Rowe building in downtown GR sold for $19.6M to California firm

GRAND RAPIDS — The Rowe, a downtown Grand Rapids mixed-use building formerly owned by the DeVos family office, recently sold for $19.6 million to a California-based real estate firm.

Wednesday, 16 February 2022 12:58

Barrio taco restaurant set to open this spring in downtown Grand Rapids

GRAND RAPIDS — Barrio, a Cleveland-based taco chain with multiple locations in Michigan, is expected to open this spring on the first floor of the historic Helmer Building in downtown Grand Rapids.

Monday, 08 November 2021 10:36

Terra Bagels expanding with new location in downtown Grand Rapids

GRAND RAPIDS — Terra Bagels LLC is expanding with a second location, branching out from the city’s Eastown neighborhood to a downtown Grand Rapids storefront at the Michigan Trust Building that was previously occupied by Ferris Coffee & Nut Co.  

Thursday, 28 October 2021 09:15

Fifth Third Bank lists historic downtown Holland branch building for $4.5M

HOLLAND — Fifth Third Bank is looking to sell its historic branch building in downtown Holland.

Sunday, 17 January 2021 12:35

Historic preservation projects to get financing boost with reinstated tax credit

Owners of historic homes and buildings will soon be able to apply for funding through a newly reinstated state tax credit for historic preservation projects that was eliminated in 2011 as part of former Gov. Rick Snyder’s tax reform strategy.

Wednesday, 06 January 2021 10:21

Spectrum Health buys Brass Works Building for $25M, scales back North Monroe development plans

GRAND RAPIDS — Spectrum Health has purchased the Brass Works Building on Monroe Avenue north of downtown and is scaling back plans for the construction of a new office building on adjacent land, MiBiz has learned.

Tuesday, 25 August 2020 14:21

State approves $4.4 million in tax incentives for downtown GR development

GRAND RAPIDS — The Michigan Strategic Fund board has approved brownfield tax incentives totaling $4.4 million for the renovation of the Vandenberg Center in downtown Grand Rapids to transform the underutilized properties.

Tuesday, 03 March 2020 10:17

Spectrum Health continues land acquisition in GR’s Monroe North district

GRAND RAPIDS — Spectrum Health continues to amass more properties in the Monroe North business district near its planned Center for Transformation and Innovation, MiBiz has learned. 

Sunday, 02 February 2020 17:30

Proposed Wheeler Development tower helps with downtown GR density goals

GRAND RAPIDS — Wheeler Development Group’s proposed mixed-use tower could help the city accomplish several goals for the downtown area. 

Monday, 20 January 2020 13:17

Wheeler Development proposes $55M, 24-story tower on GR-owned parking lot

GRAND RAPIDS — Wheeler Development Group has proposed transforming a city-owned parking lot into a $55 million 24-story tower in downtown Grand Rapids.

Friday, 08 November 2019 13:18

CWD to add street-level commercial space along Lyon Street in downtown Grand Rapids

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

Tuesday, 05 February 2019 10:00

CWD project in Wyoming secures $635,000 in brownfield funding to aid cleanup

The state will help fund the cleanup of a contaminated former dry cleaner in Wyoming to make way for a redevelopment project.

Monday, 03 December 2018 12:22

DeVos family office to move headquarters to 200 Monroe building

The DeVos family office announced Monday that it has agreed to purchase a vacant office building in downtown Grand Rapids.

Sunday, 28 October 2018 15:56

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. 

Saturday, 18 August 2018 17:34

Stately quarters or royal mess? Polarizing Grand Castle embodies developer’s dream for luxury living

GRANDVILLE –– Amid an apartment building boom across West Michigan, the Grand Castle stands out in ways few other projects do.

Saturday, 21 July 2018 11:49

Redevelopment boom expected as part of Grand River restoration

GRAND RAPIDS — Efforts to restore the rapids in the Grand River might be a year or more away from launching, but stakeholders already have started thinking about opportunities the project will create throughout downtown.

Saturday, 26 May 2018 11:17

GR hotel rates push upward amid construction boom

GRAND RAPIDS –– New data on hotel rates across the Midwest offered some sobering analysis on the cost of a room in downtown Grand Rapids.

Sunday, 04 February 2018 00:59

Franklin Partners unveils plans for proposed GR office tower

GRAND RAPIDS –– When developer Franklin Partners LLC brings its proposed seven-story downtown office tower to market in the coming years, it will offer tenants Class A office space that’s currently in short supply across the city.

Sunday, 24 December 2017 16:46

2018 Outlook: Sam Cummings, CWD Real Estate Investment Inc.

Sam Cummings will be the first to acknowledge that he’s got a lot of office and retail space to fill in downtown Grand Rapids next year, with redevelopment work underway at 50 Monroe Ave. NW and unspecified plans in the coming years for the downtown Fifth Third Bank campus, which has been dubbed Vandenberg Center. Cummings says CWD plans to work diligently over the next year to attract large corporate users, bring more activity to ground-floor spaces and focus on the fundamentals of real estate development.

Published in Economic Development
Sunday, 03 September 2017 16:37

Developers slow to build new condos in downtown Grand Rapids

GRAND RAPIDS — Citing demand for more diverse housing products, developers cautiously have started exploring whether to market new condominiums for sale in Grand Rapids’ downtown district.

Sunday, 06 August 2017 15:35

Legislative Update: Historic preservation tax credits reintroduced; Closing the ‘dark store’ loophole

Michigan’s House and Senate may be in recess for most of the summer, but legislative issues continue to percolate. Advocates continue their work to move forward a range of legislation, including bills that would bring back tax credits for the redevelopment of historic buildings and another that would curb a controversial tax loophole. MiBiz checked in on the status of the two packages.

Published in Economic Development
Sunday, 16 April 2017 12:44

Grand Rapids leaders consider new path to redeveloping public assets

As the city of Grand Rapids considers selling publicly-owned land, it hopes to use a new method of engaging would-be developers looking to redevelop the parcels.

Sunday, 12 March 2017 20:00

Bank of America consolidates to ‘hub for West Michigan’ in downtown Grand Rapids

Bank of America’s planned move to a new regional office in downtown Grand Rapids comes as the bank seeks to grow its West Michigan presence.

Published in Finance

Monday, 27 February 2017 17:16

Planned Grand Rapids hotel to move forward

A long-planned hotel north of downtown Grand Rapids will begin construction tomorrow.

Published in Breaking News
Thursday, 23 February 2017 13:27

Bank of America to anchor CWD’s 250 Monroe NW building in downtown Grand Rapids

Bank of America plans to lease 40,000 square feet of space at 250 Monroe NW in Grand Rapids as the bank looks to grow its market presence in the region.

Published in Breaking News
Wednesday, 08 February 2017 09:42

CWD moves forward with 50 Monroe renovation in downtown Grand Rapids

The Grand Rapids Downtown Development Authority board this morning agreed to provide tax increment financing to support a mixed-use hotel development in the core downtown business district.

Published in Breaking News

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