GRAND RAPIDS — The Grand Rapids Planning Commission denied the first application for a medical marijuana business that it considered under the city’s new medical marijuana zoning. The decision provided a clear message to other applicants who will come before the Planning Commission in the coming weeks: Be prepared and follow the rules.

A partnership headed by Portage-based Hollander Development Corp. plans to transform a vacant lot in Kalamazoo into a new mixed-use building under a proposal that secured state backing.

A bipartisan group of lawmakers in Lansing hopes to revive Michigan’s historic preservation tax credit, which they say will encourage redevelopment in communities across the state. Bills introduced in the state Senate and House earlier this year would reinstate a tax credit of up to 25 percent for rehabilitation expenses on historic properties.

The closure of two recycling drop-off locations in West Michigan highlights the need for the industry to focus on operational efficiency at a time when margins are shrinking. But recycling advocates say the loss of access stemming from the two closures could act as a deterrent in the push to increase Michigan’s recycling rate, which is about 15 percent and ranks among the bottom of all U.S. states.

GRAND RAPIDS — In selling shares in the design and construction management firm he started 23 years ago, Guy Bazzani begins to wind down a lengthy career that had a significant influence on the green building movement in West Michigan. Bazzani Building Co. is among the pioneers locally of design and building principles and practices that follow a Triple Bottom Line philosophy that blends economic, social and environmental sustainability.

GRAND RAPIDS — The new owner of Bazzani Building Co. in Grand Rapids plans to maintain the company’s niche focus of sustainable design and construction Investment firm ASA Group LLC, based in Granger, Ind., near South Bend, closed in late April on the acquisition of a majority stake in Bazzani Building, a design and construction management company that over more than two decades established a niche and reputation for its sustainable business practices.

WACO Classic Aircraft Corp. is expanding its headquarters and operations in Southwest Michigan.

Published in Manufacturing

CWD Real Estate Investment Inc. is nearing completion on a project that will offer offices in a historic building in downtown Grand Rapids.

MUSKEGON — Federal guidance on a new incentive program designed to encourage investment in economically-distressed communities comes at an opportune time for Muskegon. Amid an ongoing wave of redevelopment in the city, property investors looking to shield some gains from taxes now have new ways to redeploy their capital and seek returns via Opportunity Zones.

Published in Economic Development

GRAND RAPIDS — As Michigan’s second-largest city continues to grow and developers scoop up the remaining developable vacant land, it’s likely that some Grand Rapids residents who rent homes in desirable neighborhoods could face being displaced.

Page 1 of 9