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Displaying items tagged: Orion Construction Co Inc

Sunday, 21 November 2021 18:20

Firms, clients rethink construction projects amid ‘unprecedented’ surge in material costs

Prices and lead times for construction materials continue surging to historic levels, yet local architecture and construction firms say their workloads aren’t being adversely affected.

Sunday, 09 May 2021 17:00

Commercial real estate lending remains solid as some sectors outperform others

Bank lending for commercial real estate and development held steady through the first quarter as some sectors experienced high demand and others remained somewhat soft as the COVID-19 pandemic surpassed a year.

Published in Finance
Sunday, 08 November 2020 19:00

Construction firms see project delays, high materials costs

West Michigan construction firms are reporting dramatic increases in the cost of materials and project delays because of the COVID-19 pandemic, particularly in the restaurant, office and retail sectors. 


Sunday, 14 June 2020 20:16

Medical marijuana business to open GR production facility, emphasize equitable hiring

GRAND RAPIDS — A Colorado firm plans officially to open a 35,000-square-foot medical marijuana production facility next week in Oak Industrial Park, where it is in the process of harvesting its first batch of product.

Published in Economic Development
Monday, 23 March 2020 16:38

Construction companies assess what stay-home order means for projects

GRAND RAPIDS — Construction companies and contractors are figuring out what a shelter in place order for Michigan means for their projects.

Thursday, 23 January 2020 08:07

Kids’ Food Basket expands in Holland

HOLLAND — Kids’ Food Basket, a Grand Rapids-based nonprofit that distributes meals for children, is expanding its efforts in Ottawa and Allegan counties.


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.

Sunday, 22 December 2019 15:34

Marijuana Outlook: Marijuana work will continue in 2020 with recreational, medical projects

Companies working in the marijuana industry are expecting a busy year in 2020, as more licensed businesses open and additional communities begin regulating recreational operations. 

Published in Food/Agribusiness
Wednesday, 23 October 2019 15:20

Orion Construction, nonprofits start on West Garfield Park development

GRAND RAPIDS — Nonprofits LINC Up and Dwelling Place, along with general contractor Orion Construction Co. Inc., broke ground today on the second phase of an affordable housing development in Grand Rapids’ Garfield Park neighborhood.


Sunday, 13 October 2019 19:47

M&A Awards: Orion Real Estate Solutions fills landmark downtown Grand Rapids development

On the heels of a range of downtown developments coming online in recent years, Orion Real Estate Solutions saw further demand for Class A office space in Grand Rapids. 

Sunday, 01 September 2019 12:10

Developers find continued opportunities in condos, townhomes

Some housing developers in West Michigan are turning to condominiums and townhomes in targeting Millennials who are looking for more space and quieter locations. 

Sunday, 18 August 2019 21:55

REAL ESTATE & DEVELOPMENT: Developers see opportunities with incoming marijuana companies

For a decade, mixed-used and industrial property developments have fueled West Michigan’s building boom. Now, we may be seeing the dawn of a cannabis construction era.


Sunday, 07 July 2019 19:00

‘FLIGHT TO QUALITY:’ Amenity-rich Class A office space still in demand in GR, suburban markets

GRAND RAPIDS — The opportunity to lease brand new office space in the heart of downtown Grand Rapids offered Van Wyk Risk Solutions the chance to grow into a new location. 

Tuesday, 04 June 2019 11:06

Orion Real Estate Solutions to develop 54-room boutique hotel in Rockford

Orion Real Estate Solutions has signed a letter of intent with the city of Rockford to build a new boutique hotel downtown on city-owned property at 12 S. Main St.

Tuesday, 26 February 2019 18:09

Grand Rapids townhome development secures $2 million in state funding

A project to construct townhomes in the city’s Michigan Oaks neighborhood gained financial support from the state on Tuesday.


Sunday, 17 February 2019 17:54

Hotel development boom continues in West Michigan

Hotel development in West Michigan remains on a torrid pace for 2019. Developers have plans to add more than 800 new rooms this year, with developments popping up in downtown Grand Rapids and in suburban areas surrounding the city. At the same time, although annual hotel occupancy dipped slightly for 2018, hotel revenue actually increased, a reflection of record room bookings.

Sunday, 20 January 2019 20:14

FINDING MOMENTUM: The Rapid secures nearly $1 million to study ways to spur growth along Silver Line route

A new effort aims to find ways to kickstart economic growth along The Rapid’s Silver Line bus route from Grand Rapids though southern Kent County.

Published in Economic Development
Friday, 18 January 2019 10:30

With Van Wyk Risk Solutions lease, Warner Building in downtown GR fills up

Van Wyk Risk Solutions has signed a lease to occupy Class A office space in the new Warner Building downtown.


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. 

Friday, 03 August 2018 23:09

West Michigan construction industry remains bullish as costs surge

The rising price of steel and other building materials might cause sticker shock for some developers, but the costs are doing little to curb building activity around West Michigan.

Sunday, 24 June 2018 14:00

Condo conversion slowly gaining steam in Grand Rapids market

GRAND RAPIDS — Amid Grand Rapids’ ongoing apartment-building boom, commercial real estate developers also are noticing demand for urban condominiums. 


Sunday, 15 April 2018 20:22

Housing starts inch up in GR area

As developers have largely focused on apartment projects around Grand Rapids in recent years, many housing advocates say the demand for single-family homes and ownership options have gone unmet.

Sunday, 04 March 2018 18:52

MiBiz Growth Report: March 5, 2018

Here is the MiBiz Growth Report for March 5, 2018:

• M&A: After nearly doubling the business over the last two and a half years, the private equity owners of Action Fabricators Inc. decided the market timing was right to find a partner to take the company to the next level. Last week, Chattanooga, Tenn.-based River Associates Investments LLC announced it had sold the Grand Rapids-based manufacturer of adhesive-backed products for the automotive and medical device industry to Boyd Corp. of Modesto, Calif. Terms of the deal were not disclosed. Action Fabricators grew revenues from around $45 million in 2015 to nearly $80 million at the time of the sale. President and CEO Jon Rudolph and the rest of the management team will stay on with the new owners. Boyd is a portfolio company of San Francisco-based Genstar Capital. Milwaukee, Wis.-based Robert W. Baird & Co. represented Action Fabricators in the deal.

Published in Breaking News
Sunday, 18 February 2018 19:03

Density at what cost? Zoning proposals spark tensions between Grand Rapids policymakers, neighborhoods

GRAND RAPIDS — Proposals to upzone several Grand Rapids neighborhoods in an attempt to address housing issues have exposed deep divisions among local stakeholders.


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.

Wednesday, 06 December 2017 14:17

Retailer opens at new Fulton Heights mixed-use project in Grand Rapids

Retailers have started to open up shop in the new Fulton Square mixed-use development in Grand Rapids’ Fulton Heights neighborhood.

Published in Breaking News
Sunday, 15 October 2017 20:00

Too much? West Michigan student housing rides the real estate development wave

The higher education student housing facilities of today have come a long way from the crowded dormitories familiar to many prior generations. 


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, 09 July 2017 14:37

Real estate projects to watch

With a commercial real estate development pipeline that stretches into 2019, the forecast for the industry in West Michigan remains bright. MiBiz periodically checks in on the status of proposed developments. This report highlights several projects from around West Michigan and examines where they currently sit in the development pipeline.

Sunday, 25 June 2017 20:33

MiBiz Growth Report: June 26, 2017

Here is the MiBiz Growth Report for June 26, 2017:

Published in Breaking News

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