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Commercial Real Estate (196)

Housing starts inch up in GR area

Written by | Sunday, 15 April 2018 20:22 |

As developers have largely focused on apartment projects around Grand Rapids in recent years, many housing advocates say the demand for single-family homes and ownership options have gone unmet.

In an era of increasing labor and material costs, Michigan contractors and building owners now face another issue that is sending construction costs higher.

GRAND RAPIDS — Proposals to upzone several Grand Rapids neighborhoods in an attempt to address housing issues have exposed deep divisions among local stakeholders.

With a historic renovation project in Detroit, a Grand Rapids-based construction management firm is positioning itself for the next step in its regional expansion.

GRAND RAPIDS –– When developer Franklin Partners LLC brings its proposed seven-story downtown office tower to market in the coming years, it will offer tenants Class A office space that’s currently in short supply across the city.

GRAND RAPIDS — Demand remains strong for urban apartments, although occupancy rates for the burgeoning market have begun to slip as new units come online. 

GRAND RAPIDS — Planners and neighborhood stakeholders believe that investing in some basic infrastructure in downtown Grand Rapids’ Heartside district could help spur equitable economic development.

GRAND RAPIDS –– After a largely procedural vote striking down a resolution to boost the inventory of public parking in Grand Rapids, city commissioners will likely reconsider the idea now that it’s gone through the proper channels.

GRAND RAPIDS –– In considering redevelopment plans for public property at 201 Market Avenue, the city weighed drastically different options.

As 2017 comes to a close, West Michigan’s construction and development industry continues to show signs of strength.

While inventory remains constrained, the value of commercial real estate transactions continues to gather momentum in West Michigan.

BYRON TOWNSHIP –– As Kent County looks to exit the landfill business by 2030, executives say West Michigan’s construction industry will need to adjust to a new model.

GRAND RAPIDS –– West Michigan leaders believe they made a compelling case for the region to serve as the home to online retail giant Amazon.com Inc.’s second headquarters.

GRAND RAPIDS — A West Michigan real estate firm has moved to settle a federal civil lawsuit alleging it engaged in racketeering and other fraudulent activities by charging higher rents at properties once intended for affordable housing.

As Michigan prepares to begin licensing medical marijuana businesses at the end of this year, the industry hopes for a windfall of new business and development opportunities, at least for communities willing to take advantage of them.

As Michigan prepares to begin licensing medical marijuana businesses at the end of this year, the industry hopes for a windfall of new business and development opportunities, at least for communities willing to take advantage of them.

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