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Real Estate/Development

SPONSORED BY ROCKFORD CONSTRUCTION COMPANY

GRAND RAPIDS — Earlier this month, the Grand Rapids City Commission and the Grand Rapids-Kent County Convention/Arena Authority approved a memorandum of understanding that could result in a new 14,000-seat waterfront amphitheater downtown.

Land banks are emerging as an important resource to help fill the affordable housing shortage communities are facing in West Michigan and across the state.

West Michigan’s construction industry has long faced a talent shortage fueled by a worker exodus during the 2008 recession, stigma around going into skilled trades, and firms failing to recruit a diverse workforce. 

GRAND RAPIDS — The owners of the 20 Monroe Live concert venue space and The B.O.B. are looking to sell their downtown real estate as the COVID-19 pandemic continues to ravage the entertainment and hospitality industries, MiBiz has learned.

GRAND RAPIDS — The Grand Rapids-Kent County Convention/Arena Authority has approved plans for a public-private partnership that relocates sewer infrastructure allowing for a waterfront amphitheater downtown.

Integrated Architecture LLC was among several local firms recognized at the Grand Rapids chapter of the American Institute of Architects’ 2020 awards, receiving multiple commendations for its design of the new ADAC Automotive headquarters. 

KALAMAZOO — The final piece of a major revitalization project turning what is known as the Performance Paper Mill Site into a health services campus was recently completed by Lansing-based Boji Group.

GRAND RAPIDS — City officials have taken the initial steps of a planned public-private partnership that could redevelop a city-owned waterfront property near downtown into a 14,000-seat amphitheater.

BATTLE CREEK — Battle Creek Unlimited is planning a complete renovation and rebranding of the 15-story, 239-room McCamly Plaza Hotel in downtown Battle Creek. The economic development organization, doing business as 50 Capital Ave Development Corp., acquired the property at 50 Capital Ave. SW on Nov. 3, officials announced today.

West Michigan construction firms are reporting dramatic increases in the cost of materials and project delays because of the COVID-19 pandemic, particularly in the restaurant, office and retail sectors. 

Emily Doerr was hired last month as the new executive director of the Michigan State Land Bank Authority. In her new role, the Flint resident will lead the strategic direction of the State Land Bank, which serves 37 counties in Michigan and owns 2,676 land parcels. 

GRAND RAPIDS — Third Coast Development LLC and PD Development Group plan to convert part of the main building on the Dominican Sisters’ Marywood campus into 109 apartment units of affordable and market-rate senior housing. 

Business has been brutal this year at the Holland Town Center outdoor mall because of COVID-19 shutdown orders, compounded by the fact that unique retailers don’t have a one-size-fits-all approach for adapting to state orders.

West Michigan cities are examining new policies to expand affordable housing and create a supportive environment for developers as studies show an ongoing need for more units.

GRAND RAPIDS — Officials from the U.S. Environmental Protection Agency announced in Grand Rapids Friday morning that nearly $40 million in new funding from the Water Infrastructure Improvements for the Nation Act will be issued to communities across the country.

GRAND RAPIDS — Bazzani Building Co. is moving its offices from Wealthy Street to a property it is redeveloping as part of a mixed-use project on the city’s West Side.

PLAINFIELD TWP. — Plainfield Township officials are planning to create a brownfield authority to incentivize the redevelopment of distressed properties throughout the municipality north of Grand Rapids. 

ZEELAND — The time and money invested to renovate the MedViron LLC and Industrial Woodworking Corp. offices to prevent the spread of COVID-19 has been more than worth it for President and CEO Brad Davis.

Two West Michigan affordable housing projects have secured $1.9 million in a recent funding round from the Michigan State Housing Development Authority.

GRAND JUNCTION — Boutique contractor Integro Builders LLC is moving its headquarters from Chicago to West Michigan where it plans to expand and meet growing demand caused by the pandemic.

GRAND RAPIDS — A downtown Grand Rapids amphitheater appears to be the most plausible of the major downtown development projects now being pursued by Grand Action.

WALKER — Online retail giant Amazon.com Inc. is proposing a 113,000-square-foot package sorting and delivery facility in Walker, just north of I-96. 

GRAND RAPIDS — The business group that pushed several major developments over the past 25 years is now focused on a downtown convention center expansion, an amphitheater and a professional soccer stadium.

WEST OLIVE — Ottawa County is considering a plan to dissolve its planning commission, which local officials call an “outdated government layer” that could be repurposed in other areas of county government.

Occupancy rates are slowly inching back up, but regional tourism leaders say it will take years for hotels to make up for lost profits caused by the COVID-19 pandemic.

KENTWOOD — Junior Achievement of the Michigan Great Lakes has purchased a commercial office building in Kentwood where the nonprofit will consolidate a series of business education programs for K-12 students across West Michigan.

The owner of two industrial properties in West Michigan has launched a new joint venture with a boutique Saudi investment firm to take ownership of the commercial real estate. 

GRAND RAPIDS — The Grand Rapids City Commission has approved a brownfield tax incentive plan for a 10-unit apartment project in the city’s East Hills neighborhood.

GRAND RAPIDS — Local housing nonprofits are beginning to vet dozens of vacant properties made available through the state’s Land Bank Authority in an effort to fill the city’s need for affordable housing.

GRAND RAPIDS — Interior design company and Haworth Inc. dealer Interphase Interiors is relocating its downtown headquarters to the ground floor of a $5 million office building under construction along the Leonard Street business corridor on the city’s West Side.

GRAND RAPIDS — Genesis Non-Profit Housing Corp. is planning a multi-family housing development with 38 apartment units earmarked for affordable housing on the city’s West Side.

GRAND RAPIDS TOWNSHIP — An Indianapolis-based developer is planning a 320-unit luxury apartment complex along Beltline Avenue northeast of Grand Rapids.

GRAND RAPIDS — Idled and deteriorating industrial buildings across the city are being transformed with multimillion dollar investments to support cannabis growing operations. 

GRAND RAPIDS — The Grand Rapids City Commission has approved zoning changes and a community partnership agreement meant to enforce social equity for the planned Boston Square Together mixed use development on the city’s southeast side.

GRAND RAPIDS — The Michigan Strategic Fund board has approved brownfield tax incentives totaling $4.4 million for the renovation of the Vandenberg Center in downtown Grand Rapids to transform the underutilized properties.

HOLLAND — Hudsonville Ice Cream has broken ground on a $35 million project that will add a new cold storage hub to its Holland headquarters.

GRAND RAPIDS — After the Grand Rapids City Commission voted last month to fast track recreational cannabis businesses, the U.S. Green Building Council of West Michigan recognized the city could soon see grow operations using massive amounts of energy.

GRAND RAPIDS — A developer’s plan to add a six-story affordable housing building to a historic structure in Grand Rapids’ Heartside neighborhood has stalled after failing to gain enough support from the city’s Historic Preservation Commission.

GRAND RAPIDS — Wyoming-based Grand Valley Wood Products and Surfaces of Michigan will soon relocate and consolidate operations of the commercial millwork and countertop companies in southeast Grand Rapids.

GRAND RAPIDS — The city of Grand Rapids has walked away from a nearly $270 million proposal to redevelop prime city-owned riverfront property after its chosen developer failed to secure crucial tax incentives for the project.

The industrial sector in West Michigan has been the quickest in the real estate market to bounce back from the pandemic, nearly returning to where it was pre-COVID-19.

GRAND RAPIDS — An active Grand Rapids housing developer is planning a six-story apartment building that includes repurposing a historic structure in the downtown Heartside neighborhood.

GRAND RAPIDS — Developers are planning 48 units of senior housing on a vacant 7.3-acre property near Breton Village despite opposition from some surrounding neighbors.

GRAND RAPIDS — The city of Grand Rapids has hired an architecture firm to study the feasibility of relocating city operations from prime riverfront property near downtown that has been eyed for redevelopment for years.

When a California-based marketing firm consolidated 450 employees from Grand Rapids-area offices into a vacant commercial building three years ago, the move was celebrated by Wyoming city leaders and supported by a $550,000 state business development grant.

GRAND RAPIDS — Artificial intelligence is growing increasingly common in the construction industry to automate mundane yet critical tasks.

KENTWOOD — Alro Plastics has a new Grand Rapids-area location slated to open in the coming spring.

GRAND RAPIDS — The city of Grand Rapids needs to add nearly 9,000 housing units over the next five years to satisfy high market demand, according to a housing needs assessment prepared for city officials.