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Design Build (207)

With the retail sector undergoing seismic shifts to its traditional bricks-and-mortar business model, large malls and shopping centers continue to seek out new ways to remain relevant in the future.

GRAND RAPIDS — Citing demand for more diverse housing products, developers cautiously have started exploring whether to market new condominiums for sale in Grand Rapids’ downtown district.

MUSKEGON — Public and private partners hope to leverage existing assets as they move ahead with plans to develop a $15 million convention center in downtown Muskegon.

Spurred on by the dearth of available manufacturing space across West Michigan, developers have started to add inventory in the region by building or expanding industrial parks.

Grand Rapids may be known colloquially as Beer City, but visitors should plan to avoid walking between hip bars and eateries with a pint of local IPA, at least for the foreseeable future.

To some local economic observers, the success of the architecture and engineering industry in West Michigan serves as a microcosm of the region’s broader economy.

As West Michigan’s economy expands, planners and business owners find they’re facing a new growing pain.

GRAND RAPIDS — Two large downtown sites along Division Avenue will likely remain vacant, at least for the foreseeable future.

When Brian Kelly first heard about a suburban space to move his Grand Rapids-based photography studio, he ignored the idea for one simple reason: It was in Kentwood.

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.

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.

Real estate projects to watch

Written by | Sunday, 09 July 2017 14:37 |

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.

GRAND RAPIDS — The developers of a mixed-use project being built on the southwest side of downtown just completed an $8.7 million capital raise to finalize a construction loan.

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.

As executive director of the Kent County Land Bank Authority, David Allen thinks his organization contributes to more affordable housing options in the greater Grand Rapids area.

The retail real estate sector could be on the verge of a major upheaval, beyond the near steady stream of headlines about brick-and-mortar store closures and bankruptcies in recent weeks.

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