Displaying items tagged: Magnus Capital Partners
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.
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.
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.
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.
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.
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.
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.
MiBiz Growth Report: June 7, 2020
The MiBiz Growth Report for June 7, 2020.
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.
Growth Report: November 23, 2019
Here is the growth report for November 23, 2019.
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.