GRAND RAPIDS — To help curb fears of gentrification, a local nonprofit and an Ohio-based developer have partnered on an affordable housing development on the city’s southeast side. Ohio-based MVAH Development LLC, a development, construction and property management firm, is working with LINC UP on the proposed Eastern Lofts at 623 Eastern Ave. SE. The two hope to secure Low Income Housing Tax Credits (LIHTC) from the Michigan State Housing Development Authority (MSHDA) in the April funding round.

A Grand Rapids-based development group has proposed plans to activate Grand Rapids Public Schools’ long-vacant West Leonard Elementary facility.

Friday, 11 January 2019 09:47

Developer 616 Lofts files for bankruptcy

One of the most active development and property management firms in Grand Rapids in the years after the Great Recession now faces liquidation, MiBiz has learned.

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

A tightening apartment market in and around downtown Grand Rapids hasn’t deterred a New York City developer from moving forward with a more than $50 million project in the city’s North Monroe neighborhood.

Published in Breaking News

A Portage developer is scaling back plans for a 42-story tower in the middle of downtown Grand Rapids that it first announced two years ago.

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A collaborative development project on Grand Rapids’ southwest side continues to take shape, even while the fate of planned a affordable housing component remains uncertain.

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Three proposed Grand Rapids developments have received more than $2.7 million in federal tax credits for the creation of affordable housing units.

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After more than a year of behind-the-scenes work, the developers of the proposed $140 million mixed-use movie theater project south of Van Andel Arena plan to step back into the spotlight this week.

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The city-owned 201 Market Ave. property in the southwest corner of downtown has drawn interest from five different development teams, city officials said today.

Published in Breaking News
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