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Displaying items by tag: Rockford Construction Company Inc

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, 09 July 2017 14:34

DeVos-held firm gets loan deferment on GR facility amid struggle to fill retail space

GRAND RAPIDS — After running into challenges with leasing retail space at a prominent downtown redevelopment, a DeVos-held entity got permission from the state to delay its incentive loan repayments.

Sunday, 09 July 2017 14:29

New initiatives emerge to address West Michigan’s ‘housing crisis’

While West Michigan’s affordable housing crisis may pale in comparison to situations in other larger metro areas, disparate groups are taking a hands-on approach to the problem.


Sunday, 25 June 2017 20:00

Office furniture companies embrace coworking, variety of spaces

With an increasingly mobile workforce and an ever greater need for technology investments, companies and entrepreneurs continue to seek out new designs for their offices.

Published in Manufacturing
Sunday, 11 June 2017 20:00

With new joint venture, 616 Development positions for the future

GRAND RAPIDS — After a half-dozen staff departures and several stalled high-profile projects, 616 Development LLC has struck a new partnership to put the real estate firm back on what it sees as a growth trajectory.

Sunday, 28 May 2017 16:40

MiBiz Growth Report: May 30, 2017

Here is the MiBiz Growth Report for May 30, 2017: 

• M&A: Grand Rapids-based FEDCom Credit Union, which has three offices in the Grand Rapids area with 7,654 members and assets of $67.6 million, proposed to merge into Midland-based Members First Credit Union. Members First has eight offices, 50,680 members and $480 million in assets. The deal was listed in a monthly activity report issued by state regulators.

Published in Breaking News


Sunday, 28 May 2017 16:10

Kent County again weighs selling downtown GR office building

GRAND RAPIDS — With three offers on the table to acquire its under-utilized downtown office building, Kent County officials now have a decision to make: whether to actually sell the facility at 82 Ionia Avenue NW.

Wednesday, 24 May 2017 14:47

Downtown GR retailer expands to larger space

Boutique retailer Apothecary off Main plans to expand its presence in downtown Grand Rapids.

Published in Breaking News
Sunday, 14 May 2017 13:12

To build or not to build? West Michigan manufacturers react to limited inventory of industrial facilities

When Siliconature Corp. examined potential sites in West Michigan for its North American headquarters, the company knew finding an existing building that fit its specific needs would be challenging.

Published in Manufacturing

Wednesday, 10 May 2017 16:17

Specialty coffee emerges in Grand Rapids’ west side with new roastery, cafe

As bars and restaurants continue to appear rapidly west of the Grand River, specialty coffee sellers are also getting in on the action.

Published in Breaking News
Sunday, 07 May 2017 20:00

3 developers bid on Kent County-owned downtown Grand Rapids office building

Kent County received three wide-ranging bids earlier this week for its 104,000-square-foot downtown office building at 82 Ionia Ave. NW.

Published in Breaking News
Sunday, 30 April 2017 15:18

REITs seize opportunities in West Michigan, but challenges could emerge

A new kind of institutional investor has started to capitalize on opportunities in West Michigan.



Tuesday, 25 April 2017 11:57

Rockford Construction gets state approvals, funds for west side GR project

An affiliate entity of Rockford Construction Company Inc. today received approvals and state Brownfield funds from the board of the Michigan Strategic Fund to move forward with its proposed “superblock” on Grand Rapids’ west side.

Published in Breaking News
Sunday, 16 April 2017 14:07

MiBiz Growth Report: April 17, 2017

Here is the MiBiz Growth Report for April 17, 2017.

• M&A: Dallas-based America’s Auto Auction has acquired West Michigan Auto Auction of Wayland and Parma-based Interstate 94 Vehicle Auction as part of the company’s larger acquisition strategy. The Texas company closed on the deal April 1. Both West Michigan Auto Auction and Interstate 94 Vehicle Auction were owned by Carl Miskotten, who will remain as the general manager of both facilities, according to a report in Auto Remarketing. Prior to the deal, America’s Auto Auction acquired seven facilities from Baton Rouge, La.-based Auction Broadcasting Co. in January 2017. The company operates a total of 21 auction locations across the U.S. Terms of the deal were not disclosed.

Published in Breaking News
Sunday, 16 April 2017 12:44

Grand Rapids leaders consider new path to redeveloping public assets

As the city of Grand Rapids considers selling publicly-owned land, it hopes to use a new method of engaging would-be developers looking to redevelop the parcels.


Tuesday, 11 April 2017 10:24

Adtegrity plans office move to New Holland development in Grand Rapids

Digital marketing and advertising firm Adtegrity Inc. announced today its plan to vacate its current headquarters at 38 Commerce Ave. SW and move to the growing Bridge Street corridor.

Published in Breaking News
Wednesday, 05 April 2017 16:47

5 firms respond to RFQ for 201 Market redevelopment in Grand Rapids

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
Monday, 03 April 2017 10:44

MSU Federal Credit Union plans downtown Grand Rapids branch

The board of directors for MSU Federal Credit Union (MSUFCU) today announced its plans to open a branch in downtown Grand Rapids later this year.

Published in Breaking News

Sunday, 05 March 2017 20:23

MiBiz Growth Report: March 6, 2017

Here is the MiBiz Growth Report for March 6, 2017:

• M&A: American Grease Stick Co. of Muskegon was acquired last year by 3 Rivers Capital, a Pittsburgh, Pa.-based private equity firm. A manufacturer of branded automotive fluid transfer lines and related products for the automotive aftermarket industry, AGS has operations in Muskegon and the U.K. The company, which was founded in 1931, sells products through a variety of aftermarket retailers, including Advanced Auto Parts, AutoZone and Pep Boys, according to a statement. 3 Rivers purchased the company for $10 million from the Rosen family, according to a report in the Pittsburgh Business Times. The deal was backed by $9.75 million in subordinated debt and an equity co-investment from PNC Mezzanine Capital. JP Morgan Chase also provided debt financing for the transaction. Metz Lewis Brodman Must O’Keefe LLC of Pittsburgh served as legal counsel to 3 Rivers Capital. The sellers worked with investment banker Stout Risius Ross Inc. of Chicago.

Published in Breaking News
Sunday, 05 March 2017 16:45

Construction execs tout early successes in workforce development

West Michigan construction industry executives believe some of their recent worker training efforts have started to pay off. 

Thursday, 26 January 2017 14:23

Three Grand Rapids projects awarded affordable housing credits

With tax credits awarded, the development of three new affordable housing projects in the area should move forward.

Published in Breaking News

Sunday, 08 January 2017 17:22

MiBiz Growth Report: Jan. 9, 2017

zHere is the MiBiz Growth Report for Jan. 9, 2017. 

• M&A: Grand Rapids-based Irwin Seating Co. signed a letter of intent to purchase American Seating Co.’s architectural fixed seating business in a deal expected to close in March 2017, pending due diligence. The business includes products for stadiums, auditoriums and other large venues. The company’s move to divest a “higher profile part of our business was an extremely difficult decision to make,” Chairman and CEO Ed Clark said in a statement announcing the transaction. The sale comes as American Seating seeks “to optimize its operations and resources in order to pursue significant growth opportunities” in its transportation seating business, where the company will continue to focus. American Seating intends to lay off 80 workers early this year as a result of the deal. However, a portion of that workforce may transition into roles at Irwin Seating, according to the statement. Terms of the deal were not disclosed.

Published in Breaking News
Friday, 09 December 2016 10:17

Grand Central Market in Grand Rapids expands

A longtime downtown Grand Rapids deli has expanded.

Published in Breaking News
Sunday, 11 December 2016 15:35

Room for More? West Michigan execs call for new hotel capacity

More than 12,000 amateur athletes and their traveling companions from around the Great Lakes will descend on greater Grand Rapids next summer when the region hosts the State Games of America.


Friday, 02 December 2016 13:02

Investors scoop up 5 properties on Grand Rapids’ west side

Spurred on by the likes of developers such as Rockford Construction Co. Inc., Ryan Ogle now hopes to make his own mark along the Bridge Street corridor on Grand Rapids’ west side.

Published in Breaking News
Sunday, 27 November 2016 16:15

Commercial real estate execs optimistic for West Michigan, but remain vigilant

Despite political uncertainty and fears of an impending economic slowdown, commercial real estate and construction stakeholders have faith in the fundamentals of the industry in West Michigan.

Sunday, 27 November 2016 16:10

GVSU launches $10M capital campaign for new medical ed facility

GRAND RAPIDS — Grand Valley State University seeks to raise $10 million through a capital campaign to coincide with the construction of a $37.5 million academic center along the Medical Mile.

Published in Health Care

Tuesday, 18 October 2016 12:18

VanGessel works strategic partnerships for large developments

Mike VanGessel likes to talk about the “why” behind his company’s decision to invest in the long-neglected west side neighborhood of Grand Rapids.

Published in M&A Award Profiles
Sunday, 16 October 2016 19:13

Spectrum Health continues push to integrated care campuses with Rockford site

The medical campus under construction west of Rockford in northern Kent County follows a move by Spectrum Health to concentrate care across its footprint into one-stop locations. 

Published in Health Care
Sunday, 02 October 2016 13:30

Art sighs: Despite convergence of positive factors, Grand Rapids artists worry about their future

As the 2016 version of ArtPrize enters its final week, it might seem like local artists are living in a golden age. 


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