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Commercial real estate brokers worry tax reform could slow key investment vehicle
Although a formal GOP tax reform bill has yet to be introduced, executives in the commercial real estate industry are already expressing concern. GRAND RAPIDS — Although a formal GOP tax reform bill has yet to be introduced, executives in the...
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Grand Rapids Corporate Center acquired by local investor
A West Michigan commercial business park came under new ownership earlier this month. WYOMING — A West Michigan commercial business park came under new ownership earlier this month. Grand Rapids-based real estate investment and property management firm...
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Newell Brands plans $7.3 million expansion in Kalamazoo
Newell Brands Inc. plans to invest $7.3 million and create 87 new jobs as part of an expansion at its R&D facility in Kalamazoo. KALAMAZOO — Newell Brands Inc. plans to invest $7.3 million and create 87 new jobs as part of an expansion at its R&D...
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RDV affiliate sells Cascade Township business park
An entity tied to Grand Rapids-based RDV Corp., a family office for the DeVos family, has sold a portion of a Cascade Township industrial park to a Detroit-area investor. CASCADE TOWNSHIP — An entity tied to Grand Rapids-based RDV Corp., a family...
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Honigman to relocate in Kalamazoo
Detroit law firm Honigman Miller Schwartz and Cohn LLP is vacating its downtown Kalamazoo office and relocating to a new office park south of the city’s central business district. KALAMAZOO — Detroit law firm Honigman Miller Schwartz and Cohn LLP is...
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Vacant 20-acre site in Wyoming hits the market
A long-vacant 20-acre piece of land along 28th Street SW has now hit the market for $5.1 million. WYOMING — A long-vacant 20-acre piece of land along 28th Street SW has now hit the market for $5.1 million. The 28 West site, which was once home to the...
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Family-Owned Business Roundtable: Profits, preserving legacies and taking the long view
Running any business is challenging, but when you add the dynamics of family ownership into the mix, it creates an entirely different set of hurdles. Running any business is challenging, but when you add the dynamics of family ownership into the mix,...
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All in the family? Not always — West Michigan family-owned businesses turn to outside leaders
Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent....
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All in the family? Not always: West Michigan family-owned businesses turn to outside leaders
Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent....
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Rivertown reuse? Sources: Changes needed for nearly 20-year-old Grandville mall to remain viable
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. With the retail sector undergoing seismic shifts to...
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616 Development turns to mixed-income housing to move delayed projects forward
Two previously announced mixed-use projects from 616 Development LLC appear to be moving forward, albeit with significant changes. GRAND RAPIDS — Two previously announced mixed-use projects from 616 Development LLC appear to be moving forward, albeit...
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West Michigan economic developers will pursue secondary Amazon headquarters
West Michigan economic developers plan to jump into an already crowded pool of contenders for Amazon.com Inc.’s proposed $5 billion second headquarters. West Michigan economic developers plan to jump into an already crowded pool of contenders for...
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Public-private partnership explores $15M convention center in Muskegon
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. MUSKEGON — Public and private partners hope to leverage existing assets as they move...
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Developers slow to build new condos in downtown Grand Rapids
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. GRAND RAPIDS — Citing demand for more diverse housing products,...
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Pioneering proposal: Kalamazoo becomes ‘laboratory’ for philanthropy-backed municipal finance
KALAMAZOO — About a year ago, William Johnston and Bill Parfet, two local businessmen with long-time connections to Southwest Michigan, approached the city of Kalamazoo with a potentially transformational proposal. KALAMAZOO — About a year ago, William...
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ICCF plans redevelopment in SE Grand Rapids
Inner City Christian Federation has proposed a mixed-use redevelopment in Southeast Grand Rapids. GRAND RAPIDS — Inner City Christian Federation has proposed a mixed-use redevelopment in Southeast Grand Rapids. The nonprofit real estate and community...
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Gordon Food Service alleged to be in violation of agreement with NY municipality
BUFFALO, N.Y. — A subsidiary of Gordon Food Service Inc. could have to repay approximately $180,000 in tax breaks it received from a county in western New York. BUFFALO, N.Y. — A subsidiary of Gordon Food Service Inc. could have to repay approximately...
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PACE energy financing initiative approved in Grand Rapids
The Grand Rapids City Commission adopted a measure aimed at easing the process for property owners to make energy efficiency upgrades. GRAND RAPIDS — The Grand Rapids City Commission adopted a measure aimed at easing the process for property owners to...
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As West Michigan’s startup culture evolves, Start Garden grows into new roles
GRAND RAPIDS — A growing manufacturer of high-tech food carts could serve as an example of the kind of business development that’s possible in West Michigan. GRAND RAPIDS — A growing manufacturer of high-tech food carts could serve as an example of the...
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West Michigan industrial developers embrace new uses
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. Spurred on by the dearth of available manufacturing space across West...
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