GRAND RAPIDS — A development partnership wants to convert the massive former Display Pack Inc. building at 1340 Monroe Ave. NW into a 310-unit affordable housing project.
GRAND RAPIDS — New ownership plans to turn Local 741 into a neighborhood bar after acquiring the site from a partnership involving an affiliate of Third Coast Development LLC. James Matthews, owner of Iron Well LLC, purchased 741 Leonard St. NW and Local 741 from Third Coast on March 20. Terms of the deal, which included Class C liquor and specialty designated merchant licenses, and the property transaction were not disclosed.
GRAND RAPIDS — A proposed housing development is seeking approvals from the city and state before moving forward in the Belknap Lookout neighborhood.
A recent investment in a Grand Rapids office complex could serve as the template for what executives hope will become a new platform for West Michigan real estate investment.
Gordon Food Service Inc. plans to open a retail store along the burgeoning Michigan Street corridor, MiBiz has learned.
GRAND RAPIDS — The old adage that development follows transit has proven slow to materialize along the Silver Line bus rapid transit (BRT) route through southern Kent County.
GRAND RAPIDS — Demand remains strong for urban apartments, although occupancy rates for the burgeoning market have begun to slip as new units come online.
The developers of a mixed-use project on Michigan Street have received an added $1 million in state incentives to offset unforeseen costs and finish the project.
Here is the MiBiz Growth Report for Nov. 27, 2017:
• M&A: Norton Shores-based Nichols Paper and Supply Co. has acquired Indianapolis, Ind.-based Spectrum Janitorial Supply, a provider of cleaning supplies, in a move to continue expanding in the Midwest. Nichols, a distributor of janitorial cleaning supplies and shipping and packing equipment, closed on the transaction on Nov. 6, according to a statement. Terms of the deal were not disclosed. Nichols’ previous acquisitions include Professional Sanitary Supply Corp., Kellermeyer Co. and Industrial Cleaning Supply Co. The company has offices in Grand Rapids, Detroit, Holland and Traverse City in Michigan, as well as two offices in Ohio.