As consumers’ shopping habits change and the retail sector reacts to new technology-driven disruptions, retail industry watchers in West Michigan remain optimistic about the year to come.
GRAND RAPIDS — Multiple organizations have partnered to assess how Grand Rapids can attract and retain retail across all parts of the city.
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.
GRAND RAPIDS — Officials expect to begin the $45 million project to restore the rapids in the Grand River by July 2021, later than they had originally projected.
GRAND RAPIDS — Moving into a larger ground-floor space in the prominent Harris Building on South Division Avenue gave a boost to business at Little Space Studio LLC.
GRAND RAPIDS — The Grand Rapids-Kent County Convention/Arena Authority has hired a consultant to lead the process of weighing concepts for developing a full-service hotel to serve the downtown convention center.
GRAND RAPIDS — Legislation expected to be reintroduced this session could address the question of whether downtown residential property owners should help pay for the services currently funded only by assessments on commercial businesses. Although former Gov. Rick Snyder vetoed similar legislation, lawmakers could revive bills this year that would allow local taxing authorities to decide whether residential owners in business improvement districts should also pay the assessments that commercial property owners pay.
Pioneer Construction Co. will serve as construction manager for the city’s renovation of VandenBerg Plaza, known commonly as Calder Plaza.
The proposed sale of a site on the west bank of the Grand River could offer the property’s next owner a chance to fulfill some community goals for the city’s waterfront.
Even with a number of large-scale projects being built, West Michigan developers say they’re still thinking big for 2019. Multiple real estate and construction executives say they see no sign of the industry slowing down in the new year, although many believe companies’ focus could shift away from market-rate housing in downtown Grand Rapids.