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Small business M&A requires patience and financial savvy
As Neil Brown and Wade Thompson considered acquiring Central Interconnect Inc. late last year, they found themselves interested in the opportunity the company presented. As Neil Brown and Wade Thompson considered acquiring Central Interconnect Inc....
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School districts turn to taxpayers to support building, tech upgrades
Even as West Michigan’s economy continues to improve, its public education system faces considerable uncertainty. Even as West Michigan’s economy continues to improve, its public education system faces considerable uncertainty. Since the mid 1990s, the...
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Kent County Land Bank balances inventory and affordable housing pressures
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. As executive director of the Kent County Land Bank Authority, David Allen...
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Outdoor goods retailers eye West Michigan shopping centers
Even as headlines about the death of brick-and-mortar retail continue to pile up, niche retailers from outside the market continue to eye West Michigan for expansion. GRAND RAPIDS - Even as headlines about the death of brick-and-mortar retail continue...
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Russo’s International Market plans downtown Grand Rapids location
G.B. Russo & Son Ltd. expects to open a new downtown grocery store this summer. GRAND RAPIDS — G.B. Russo & Son Ltd. expects to open a new downtown grocery store this summer. The Grand Rapids-based specialty grocery retailer intends to open a...
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3 developers bid on Kent County-owned downtown Grand Rapids office building
Kent County received three wide-ranging bids earlier this week for its 104,000-square-foot downtown office building at 82 Ionia Ave. NW. GRAND RAPIDS — Kent County received three wide-ranging bids earlier this week for its 104,000-square-foot downtown...
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Advantage Solutions plans office consolidation, relocation to Klingman’s site in Wyoming
WYOMING — Advantage Solutions plans to consolidate two Grand Rapids-area offices and move about 450 employees to a vacant retail site along 28th Street SW, multiple sources familiar with the plans confirmed to MiBiz. WYOMING — Advantage Solutions plans...
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Hinman Co. proposes redevelopment of Klingman’s Furniture site in Wyoming
A southwest Michigan real estate firm plans to redevelop a key site commercial site along 28th Street SW, according to public documents. WYOMING — A southwest Michigan real estate firm plans to redevelop a key site commercial site along 28th Street SW,...
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Q&A: Denise Graves, Director of University Relations at Michigan Economic Development Corp.
As Michigan continues its attempts to foster and grow a high-technology sector, the state’s economic development organization has started to assess what it can do to help. To that end, the Michigan Strategic Fund (MSF) last month approved a new $1...
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REITs seize opportunities in West Michigan, but challenges could emerge
A new kind of institutional investor has started to capitalize on opportunities in West Michigan. A new kind of institutional investor has started to capitalize on opportunities in West Michigan. Real estate investment trusts (REITs) increasingly have...
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Spate of store closures spurs debt worries for retail property owners
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. The retail real estate sector could be on the verge of a major...
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As exports grow, West Michigan craft brewers return to their roots
Michigan craft breweries have only just started to sell their beer in international markets, but many in the industry believe exporting could soon become an important diversification strategy. Michigan craft breweries have only just started to sell...
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WHO OWNS 269? Discover Kalamazoo sues Southwest Michigan First over magazine title
Two Southwest Michigan economic development organizations have taken to federal court to argue over who gets the right to use the term “269.” KALAMAZOO — Two Southwest Michigan economic development organizations have taken to federal court to argue...
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Developer proposes 8-story building in downtown GR historic district
Developers continue to eye the Heartside neighborhood of downtown Grand Rapids for new construction. GRAND RAPIDS — Developers continue to eye the Heartside neighborhood of downtown Grand Rapids for new construction. Developer Joe Niewiek has filed...
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Rockford Construction gets state approvals, funds for west side GR project
An affiliate entity of Rockford Construction Company Inc. today received approvals and state Brownfield funds from the board of the Michigan Strategic Fund to move forward with its proposed “superblock” on Grand Rapids’ west side. GRAND RAPIDS — An...
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Founders details plans for Detroit taproom
Founders Brewing Co. plans to expand beyond its physical Grand Rapids roots and open a taproom and brewing facility in the Motor City. GRAND RAPIDS - Founders Brewing Co. plans to expand beyond its physical Grand Rapids roots and open a taproom and...
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Founders CEO denies reports brewery will repurchase shares to meet trade group’s membership requirements
Contrary to a report in an international brewery trade publication, Founders Brewing Co. has no plans to repurchase some of its shares from its Spanish investors. GRAND RAPIDS — Contrary to a report in an international brewery trade publication,...
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Rockford Construction affiliate acquires west side mixed-use development
Rockford Construction Company Inc. continues to expand its presence on the west side of Grand Rapids. GRAND RAPIDS — Rockford Construction Co. Inc. continues to expand its presence on the west side of Grand Rapids. An affiliate of the general...
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Orion Construction completes Fulton Square development in Grand Rapids
Orion Construction Company Inc. today announced the formal completion of its most recent mixed-use residential project. GRAND RAPIDS — Orion Construction Company Inc. today announced the formal completion of its most recent mixed-use residential...
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Noto’s taps reality TV chef ahead of expansion
As it turns 20 years old this year, Noto’s Old World Italian Dining has plans to grow. The longtime Italian eatery and banquet center in Cascade Township has brought on self-proclaimed celebrity chef Robert Hesse to assist with that growth strategy. A...