Displaying items tagged: real estate and development

When a Southwest Michigan development group received more inquiries in 2021 for industrial spaces 1 million square feet or larger than it had in the last 10 years combined, leaders knew they faced a challenge, as well as had a business opportunity on their hands. 

MUSKEGON — Waséyabek Development Co., the non-gaming economic development arm of the Nottawaseppi Huron Band of the Potawatomi, has purchased the manufacturing facility that houses one of its portfolio companies, RSI of West Michigan.

MUSKEGON — A local developer’s $250 million plan to redevelop 30 acres of lakefront property on Muskegon Lake cleared another hurdle in the approval process.

MUSKEGON — The Muskegon Planning Commission will again consider reducing the minimum size requirements for houses and apartment units at its Sept. 15 meeting in a move to facilitate more infill and affordable housing projects.

MUSKEGON — Muskegon city officials will consider a cooperative use agreement for a $250 million development involving 30 acres of Muskegon lakefront next week.

PORTAGE — A Southwest Michigan company received state approval today for $4.7 million in brownfield incentives to build a four-story, 180-unit apartment development in the city of Portage.

MANISTEE — The city of Manistee is receiving $850,000 to upgrade the city’s downtown riverwalk, the latest development in a string of investments for the lakeshore city in recent years.

Construction employment in the Muskegon metropolitan area grew at the fourth fastest rate nationally from July 2021 to July of this year. 

GRAND RAPIDS — The owners of the Shops at CenterPoint mall in Grand Rapids have sold the property in a $63.5 million transaction.

HOLLAND — An iconic three-story former bank building in downtown Holland has sold for more than $4.4 million, MiBiz has learned.

GRAND RAPIDS — Gilmore Collection plans to reopen The B.O.B. in downtown Grand Rapids after a deal to sell the venue fell through.

Suburban Grand Rapids is experiencing a spike in activity from both longtime and relatively new multifamily housing developers who see opportunity with high demand and often readily available land.

KALAMAZOO — The developer planning a 52-unit, mixed-use project at a former industrial site north of downtown Kalamazoo will receive $1.2 million in additional state loans as construction costs escalate.

WYOMING — Franklin Partners LLC has purchased the sprawling former General Motors stamping plant in Wyoming known as Site 36 for $5.25 million and plans to build a new industrial development on the property.

GRAND RAPIDS — The Grand Rapids African American Museum and Archives plans to relocate to an 18,000-square-foot, three-story space in Grand Rapids’ Heartside neighborhood, which would be a major expansion for the organization.

GRAND RAPIDS — The Fair Housing Center of West Michigan is one of 11 agencies in the country receiving federal funding to support housing discrimination victims who have been increasingly affected during the COVID-19 pandemic. 

GRAND RAPIDS — New Standard plans to open its first dispensary in Grand Rapids with a new building in the city’s Midtown district near Medical Mile. 

PLAINFIELD TWP. — The Plainfield Charter Township Planning Commission has approved Eastern Kille Distillery’s plan to relocate its distilling operation to a 16-acre property along the White Pine Trail. 

MUSKEGON — General contractor, construction management and design firm Erhardt Construction Co. is opening a new office in Muskegon, company officials have announced. 

ROCKFORD — The Toasted Pickle specialty sandwich shop in Grand Haven is expanding with a second location in downtown Rockford at the former Ramona’s Table restaurant.

City officials in Grand Haven are considering a Zeeland-based developer’s proposal to reconfigure Chinook Pier in downtown.

GRAND HAVEN — City leaders will have to decide whether to work with a single development team to refine conceptual plans for redeveloping an area along Grand Haven’s waterfront.

GRAND RAPIDS — Property once planned for a high-end residential project is now slated to be redeveloped into 52 affordable apartments in the city’s Belknap Lookout neighborhood.

GRAND RAPIDS — A 16-story addition is planned for Studio Park downtown that would add another 165 apartments and at least 24 condominium units to the downtown development. 

GRAND RAPIDS — Long Road Distillers LLC plans to bring a tasting room called Less Traveled to Grand Rapids’ East Hills neighborhood.

GRAND RAPIDS — Construction Simplified plans to move and expand its offices in Grand Rapids in preparation of eventually growing its presence across the country. 

GRAND RAPIDS — Dwelling Place is planning major renovation work on its longtime affordable housing units in downtown Grand Rapids and continues to seek financing to convert a surface parking lot into more housing.

GRAND RAPIDS — A pair of small business owners are moving forward with plans for a coffee shop and cocktail lounge in the city’s Alger Heights neighborhood. 

GRAND RAPIDS — The city of Grand Rapids has joined 32 other state and local governments across the country in the National Building Performance Standard Coalition that the Biden administration rolled out on Jan. 22.

GRAND RAPIDS — The owners of Brick Road Pizza Co. announced today that the family-owned staple will be closing its doors Sunday after 13 years in business on Wealthy Street.