Displaying items tagged: Magnus Capital Partners

Wednesday, 15 March 2023 16:15

Housing developer seeks to replace units at Grand Rapids project with daycare center

GRAND RAPIDS — The developer behind a Grand Rapids workforce housing project that recently broke ground seeks to replace 10 ground-floor apartments with a daycare center to help address the widespread shortage of child care options.

Sunday, 26 February 2023 18:04

Magnus Capital Partners navigates financial obstacles to deliver workforce housing project

Despite construction cost escalations and a range of delays, real estate development and investment firm Magnus Capital Partners broke ground in December on a 240-unit, $51.5 million multifamily housing project in Grand Rapids.

Wednesday, 07 December 2022 11:49

240-unit workforce housing project to break ground on GR’s west side

GRAND RAPIDS — A New York City-based developer is set to break ground this month on a 240-unit, $51.5 million multifamily housing development along Lake Michigan Drive. 

Thursday, 01 December 2022 16:34

Wyoming officials hope federal stimulus funding jumpstarts City Center project

WYOMING — City officials have secured $6 million from Kent County’s share of federal stimulus funds to help advance longtime plans for a downtown just south of 28th Street.

Thursday, 23 June 2022 15:55

GR, Kalamazoo housing projects receive $54.8M in state loans

Housing projects in Grand Rapids and Kalamazoo have received loans through the Michigan State Housing Development Authority totaling $54.8 million.

Monday, 03 May 2021 22:22

Developer proposes affordable, 47-unit apartment project in Grand Rapids

GRAND RAPIDS — New York City-based Magnus Capital Partners LLC is proposing to build 47 affordable apartments on the city’s west side. The site plan for the HŌM Flats development at 960 Bristol Ave. NW includes five separate buildings and would be available for households earning wages of 40 percent to 80 percent of the area median income. 

Wednesday, 13 January 2021 11:40

240-unit affordable housing development up for reconsideration in GR

GRAND RAPIDS — A 240-unit affordable housing complex located on Lake Michigan Drive will be considered for final site plan approval on Thursday by the Grand Rapids Planning Commission. 

Sunday, 07 June 2020 09:50

MiBiz Growth Report: June 7, 2020

The MiBiz Growth Report for June 7, 2020.

Published in Economic Development
Thursday, 28 May 2020 18:02

NYC developer plans 240-unit affordable housing complex in Grand Rapids

GRAND RAPIDS — A New York City-based developer has proposed a 240-unit affordable housing complex along Lake Michigan Drive on the city’s west side. 

Saturday, 23 November 2019 16:52

Growth Report: November 23, 2019

Here is the growth report for November 23, 2019.

Published in Economic Development
Friday, 15 November 2019 09:07

Developers, officials hope Studio 28 housing project catalyzes more development

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.