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Following the February closing of his longtime art gallery in Grand Rapids’ East Hills neighborhood, Richard App plans to open a new space in the central business district — at least temporarily.

Published in In the News

Urbaneer LLC, a provider of home furnishings geared toward smaller living units, has spun out of Rockford Construction Co. Inc.

Published in In the News

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 In the 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 In the News

As New Holland Brewing Co. LLC ramps up a major expansion into the Grand Rapids market that’s expected to open next month, President and co-founder Brett Vanderkamp has plenty to keep his mind occupied. 

Published in In the News

The partners in a newly proposed grocery store in downtown Grand Rapids cite the growing number of residents and workers in the Heartside neighborhood as a sign that the city needs more food options.

Published in In the News

A leaked internal document outlining potential plans for development in a Grand Rapids neighborhood has created a firestorm of controversy and stoked fears of gentrification.

Published in Commercial Real Estate

Despite the obvious advantages of typical project management systems, Rockford Construction found that there were drawbacks to the “out-of-the-box” software available in the market. These systems could not be customized to each clients’ needs, the mobile device integration was not user friendly, and large downloads and frequent update installations were often required. So, they developed their own.

Published in Commercial Real Estate
Sunday, 26 April 2015 23:02

MiBiz Growth Report: April 27, 2015

Here is the MiBiz Growth Report for April 27, 2015:

Published in Economic Development

Rockford Construction announced that it closed on the final, needed parcel of land along West Fulton Street between Lexington and Seward streets in the vicinity of Grand Valley State University’s Pew Campus. The general contractor and developer plans to build “Fulton Place,” a 112-unit, three-building, mixed use development targeted at GVSU students, according to a statement.

Published in In the News
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