Real Estate/Development

SPONSORED BY ROCKFORD CONSTRUCTION COMPANY

For a decade, mixed-used and industrial property developments have fueled West Michigan’s building boom. Now, we may be seeing the dawn of a cannabis construction era.

GRAND RAPIDS — Within three days of opening applications, 500 people applied to live in the new Garfield Park Lofts’ 36 units of affordable housing. 

When Meijer Inc. last month nearly halved the taxable value of its 195,000-square-foot store in Marquette just a year after it opened, the move set off an outcry from advocates for local government. 

MUSKEGON — Muskegon Heights-based Wonderland Distilling Co. has leased a location at 1989 Lakeshore Drive in Muskegon’s Lakeside neighborhood for its tasting room and cocktail bar. 

Acrisure LLC, a Caledonia-based insurance brokerage, is moving its global headquarters to the new Studio Park development in downtown Grand Rapids, MiBiz has learned. 

WALKER — The owners of 1983 Brewing Company LLC are one step closer to opening Walker’s second brewery. 

GRAND RAPIDS  — Orion Real Estate Solutions has filled its developments on Ottawa Avenue with the announcement of ground-floor restaurant Tupelo Honey Southern Kitchen & Bar. 

GRAND RAPIDS — The owners of Russo’s International Market have decided to close the store after 115 years in West Michigan, the company announced Wednesday.

GRAND RAPIDS — An affiliate of Bloomfield Hills-based Kojaian Management Corp. has purchased the 925,000-square-foot former headquarters of Amstore Corp. 

As communities nationwide begin to examine the effects of single-family zoning on the density and affordability of housing, Grand Rapids has emerged as an example of how cities can function in the absence of those regulations.

VICKSBURG — An ambitious $80 million project to transform a long-vacant Southwest Michigan paper mill moved a step closer to reality after securing a lucrative state incentive. 

GRAND RAPIDS — Kent County is continuing to study options for the use of its buildings, including the idea of razing a facility at 320 Ottawa Ave. and building a new tower and the sale of 82 Ionia Ave. 

Two West Michigan-based general contractors are building a new $25 million senior care residential center in Punta Gorda, Fla. 

GRAND RAPIDS — The second phase of Michigan State University’s downtown medical innovation campus received its final approval from the city of Grand Rapids.

KALAMAZOO -- Bradley Co. LLC has closed on a multi-tenant retail center in Norton Shores, the South Bend, Ind.-based real estate brokerage and property management firm announced Monday.

VICKSBURG — The Michigan Strategic Fund board today approved Paper City Development LLC for the second project under the state’s transformational brownfield program.

EAST GRAND RAPIDS — It’s likely Derby Station’s former restaurant space in Gaslight Village will fill quickly with another business. 

GRAND RAPIDS — Three years ago when Central District Cyclery owner Nate Phelps moved his business from downtown Grand Rapids into the Creston business district, he was banking on an influx of new residents and activity that would support his bicycle shop.

GRAND RAPIDS — Kent County commissioners will again discuss what to do with a county-owned office building in downtown Grand Rapids, as well as other building projects, as it decides what to fund in the next few years.

JENISON — Trillium Investments LLC, a Grand Rapids-based multifamily investment and property management firm, has acquired the 160-unit Cottonwood Forest Apartments in Jenison.

GRAND RAPIDS — SpendMend LLC is the newest tenant at Cascade Office Park, Portage-based The Hinman Co. announced Friday.

Backed by an infusion of $55 million in federal funds, Lansing-based Michigan Community Capital plans to continue investing in mixed-income housing projects across the state. 

After two decades with the city of Grand Rapids, most recently as managing director of design, development and community engagement, Suzanne Schulz plans to leave the public sector for an urban planning practice leader position at Grand Rapids-based Progressive AE Inc. Schulz will work her last day at the city on Sept. 6.  In her current role, Schulz is in a powerful position to oversee development projects throughout the city, especially after a period of strong growth in the years after the Great Recession. Schulz spoke with MiBiz about how changes in land development practices have affected the city, and what she is most looking forward to in the private sector.

Officials studying commuter transit options between Grand Rapids and Holland are hoping to make West Michigan more competitive when it comes to talent attraction.

WYOMING — A 92-acre shovel-ready industrial property sits empty about five miles south of downtown Grand Rapids, even amid a shortage of available manufacturing spaces across West Michigan.

GRAND RAPIDS — The opportunity to lease brand new office space in the heart of downtown Grand Rapids offered Van Wyk Risk Solutions the chance to grow into a new location. 

KALAMAZOO — Western Michigan University has the green light to begin selling parcels in the second phase of its Business Technology and Research Park.

GRAND RAPIDS — Office furniture dealer and custom manufacturer Custer Inc. has opened a pair of new showroom spaces in West Michigan.

GRAND RAPIDS — Priority Health is considering its next moves for two properties adjacent to its corporate headquarters at Leonard Street and East Beltline Avenue.

BATTLE CREEK -- Battle Creek Unlimited Inc. (BCU) has been awarded $2 million by the W.K. Kellogg Foundation to establish and administer funds to make improvements to downtown Battle Creek. 

MUSKEGON — A large new housing development in Muskegon has gained support from the city government.

GRAND RAPIDS — The Grand Rapids-Kent County Convention/Arena Authority has hired a consultant to lead the process of weighing concepts for developing a full-service hotel to serve the downtown convention center. 

GRAND RAPIDS — Citing high occupancy in the city’s parking facilities and a long waitlist for monthly parking passes, Grand Rapids is considering plans to build two new parking decks to expand options for downtown workers.

GRAND RAPIDS — Moving into a larger ground-floor space in the prominent Harris Building on South Division Avenue gave a boost to business at Little Space Studio LLC.

GRAND RAPIDS — Tribally-owned Gun Lake Investments is making an active push into the West Michigan commercial real estate market with an investment in a high-profile redevelopment and three property acquisitions so far this year, MiBiz has learned. 

The Michigan State Housing Development Authority announced this week that two West Michigan projects secured funding via the Low Income Housing Tax Credits (LIHTC) program.

KALAMAZOO — The Kalamazoo-based Jim Gilmore Jr. Foundation has been awarded a grant from the Michigan Economic Development Corp. to add housing to downtown Kalamazoo.

The latest brewery to receive a $200,000 incentive from Battle Creek Unlimited Inc. has been identified publicly for the first time.

The Michigan Land Bank Fast Track Authority is seeking proposals to redevelop the former state-run Deerfield Correctional Facility in Ionia. 

BATTLE CREEK — Targeted incentives are paving the way for renewed vibrancy in Battle Creek’s downtown district.

MUSKEGON — Building on the success of the Western Market chalets and other developments, Muskegon officials continue to look for ways to expand retail offerings, support budding entrepreneurs and attract shoppers.

The retail industry finds itself at a crossroads of many diverging influences. 

Despite a range of threats and challenges, including very low vacancy rates market-wide, West Michigan’s traditional shopping corridors continue to thrive. 

BENTON HARBOR — As real estate activity picks up in Southwest Michigan, officials in the Benton Harbor area are hoping a developer will take interest in renovating a historic downtown building. 

After serving as executive director of Habitat for Humanity of Kent County for seven years, BriAnne McKee will work her last day on June 20 and move with her family to Boise, Idaho. 

GRAND RAPIDS — US Signal Co. LLC began construction this week on a new data center in Van Buren Township, between Detroit and Ann Arbor.

GRAND RAPIDS — Public and private partners have signed a long-term lease that will pave the way the development of a medical innovation building and parking structure at Michigan State University’s Grand Rapids Research Center campus.

Orion Real Estate Solutions has signed a letter of intent with the city of Rockford to build a new boutique hotel downtown on city-owned property at 12 S. Main St.