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Commercial Real Estate (188)

MACKINAC ISLAND — Despite generally strong economic activity and considerable private sector investment, even cities like Grand Rapids struggle to keep up with increased demands for public services. 

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.

A new kind of institutional investor has started to capitalize on opportunities in West Michigan.

GRAND RAPIDS — Developers behind a $140 million movie theater and mixed-use district south of Van Andel Arena want to expand the project to include a new office tower and hotel, MiBiz has learned.

GRAND RAPIDS — A lawsuit filed last week alleges a West Michigan real estate firm engaged in racketeering and other fraudulent practices in order to charge higher rents at properties intended for affordable housing.

The last major vacant building in the core of downtown Grand Rapids will remain empty, at least for the foreseeable future.

The Michigan State Housing Development Authority yesterday approved funding for four West Michigan projects through the Low Income Housing Tax Credits (LIHTC) financing program.

CWD Real Estate Investment Inc. appears primed to make another significant acquisition in Grand Rapids’ central business district.

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.

Michigan’s two leading construction trade groups find themselves on opposite sides of one key industry issue: prevailing wage. 

When developer Sam Cummings set out to redevelop a building at 25 Ionia St. SW in Grand Rapids nearly two decades ago, he needed to leverage the site’s historic designation to make the project economically feasible.

With nearly 2,000 new apartment units in the development pipeline for downtown Grand Rapids, many in the community have started to wonder when a full-service grocery store will open in the city core.

With more than 530 new apartments and at least $115 million in new investment, the pipeline for mixed-use development remains strong along the Michigan Street corridor east of the Medical Mile.

The West Grand neighborhood in Grand Rapids soon will offer residents and visitors the ultimate trifecta when it comes to craft alcoholic beverages.

From new high-rise office towers to revamped shopping malls to urban parks, the growing region continues to see new construction and major renovation projects across a host of real estate sectors. But a lot can go on between a formal project announcement and its actual completion — or even its groundbreaking.

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