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Two industrial buildings completed near Ford Airport
Amid a tight industrial real estate market, new construction continues to take hold. GRAND RAPIDS – Amid a tight industrial real estate market, new construction continues to take hold. Grand Rapids-based construction and development firm First...
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Pair of Division Avenue projects unsuccessful in securing state development incentives
GRAND RAPIDS — Two large downtown sites along Division Avenue will likely remain vacant, at least for the foreseeable future. GRAND RAPIDS — Two large downtown sites along Division Avenue will likely remain vacant, at least for the foreseeable future....
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GVSU, GRCC announce campus expansions in Grand Rapids
Two higher educational institutions plan to spend more than $82 million combined to expand their downtown campuses. GRAND RAPIDS — Two higher educational institutions plan to spend more than $82 million combined to expand their downtown campuses. The...
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‘Good Jobs’ legislation passes Michigan House
Controversial economic development legislation passed the Michigan House on Wednesday afternoon, setting the stage for Gov. Rick Snyder’s likely signature. LANSING — Controversial economic development legislation passed the Michigan House on Wednesday...
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West Michigan projects awarded affordable housing tax credits
Two projects in Grand Rapids, as well as housing developments in Lansing, Charlotte and Hartford, have been awarded competitive affordable housing tax credits. Two projects in Grand Rapids, as well as housing developments in Lansing, Charlotte and...
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Real estate projects to watch
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...
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DeVos-held firm gets loan deferment on GR facility amid struggle to fill retail space
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. GRAND RAPIDS — After running into challenges with...
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New initiatives emerge to address West Michigan’s ‘housing crisis’
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. While West Michigan’s affordable housing crisis may pale in comparison to...
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As real estate market surges, West Michigan creatives ponder their place
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. When Brian Kelly first heard about a suburban space to move his Grand Rapids-based...
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Movie theater, entertainment district planned for downtown Holland
A partnership could bring a new $30 million entertainment district along with a 10-screen movie theater to Holland’s central business district. HOLLAND — A partnership could bring a new $30 million entertainment district along with a 10-screen movie...
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Right time to diversify away from big box format, Meijer CEO says
Drivers and pedestrians on Grand Rapids’ west side will soon see a new scaled-down store format take shape for Walker-based grocery retailer Meijer Inc. GRAND RAPIDS - Drivers and pedestrians on Grand Rapids’ west side will soon see a new scaled-down...
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GR nonprofit housing group in talks to acquire 177-property portfolio
GRAND RAPIDS — A local nonprofit real estate developer is in talks to acquire a large West and Mid-Michigan residential property portfolio from its current out-of-state owners, MiBiz has learned. GRAND RAPIDS — A local nonprofit real estate developer...
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Office furniture companies embrace coworking, variety of spaces
With an increasingly mobile workforce and an ever greater need for technology investments, companies and entrepreneurs continue to seek out new designs for their offices. With an increasingly mobile workforce and an ever greater need for technology...
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Developer raises $8.7 million for Market Avenue Place
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 — The developers of a mixed-use project being built on the...
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Stone Brewing cofounder weighs in on state of the industry during GR stop
will work, wastewater, logistics. They did that. That became very compelling. Interview conducted and condensed by Nick Manes. Courtesy photo.
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Q&A: Gov. Rick Snyder discusses stalled economic development legislation, indictments
While Gov. Rick Snyder was on a week-long trade mission to Europe, economic development legislation he’s championed came to a halt and of one of his appointees was indicted over allegations related to the ongoing Flint water crisis. Snyder spoke with...
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GVSU buys Ferris Coffee operations building, makes other real estate deals
Grand Valley State University has acquired the 63,000-square-foot operations facility from Ferris Coffee & Nut Co. on the west side of Grand Rapids. GRAND RAPIDS — Grand Valley State University has acquired the 63,000-square-foot operations facility...
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Reports: ‘Good Jobs’ legislation stalls in Lansing
Legislation designed to attract large employers to the state with added tax breaks appears to have come to a grinding halt overnight. LANSING — Legislation designed to attract large employers to the state with added tax breaks appears to have come to a...
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CWD Real Estate proposes commercial redevelopment near Ramblewood Apartments in Wyoming
A subsidiary of CWD Real Estate Investment Inc. has proposed redeveloping a mostly underused commercial complex in Wyoming along 44th Street SW, according to municipal documents. WYOMING — A subsidiary of CWD Real Estate Investment LLC has proposed...
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Amazon-Whole Foods deal could shake up grocery industry
News on Friday that Amazon.com Inc. planned to buy struggling organic food retailer Whole Foods Market Inc. sent shockwaves through the grocery industry, including in West Michigan. News on Friday that Amazon.com Inc. planned to buy struggling organic...