Real Estate/Development

SPONSORED BY ROCKFORD CONSTRUCTION COMPANY

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.

BATTLE CREEK — Restore 269 LLC’s plans to redevelop a historic three-story building in downtown Battle Creek got a boost from the state last week. The company, owned by Battle Creek residents Cody and Caitlynn Newman, aims to renovate a 19,000-square-foot building at 15 Carlyle Street for a brewery and taproom on the first floor, a technology office with a web design company and shared work space on the second floor, and an event space on the third floor.

LANSING — With developer Gillespie Group’s Block600 project nearly a month into its core construction phase, Lansing’s Stadium District is expected to be ground zero for new commercial development.

GRAND RAPIDS — The Grand Rapids Planning Commission denied the first application for a medical marijuana business that it considered under the city’s new medical marijuana zoning. The decision provided a clear message to other applicants who will come before the Planning Commission in the coming weeks: Be prepared and follow the rules.

A partnership headed by Portage-based Hollander Development Corp. plans to transform a vacant lot in Kalamazoo into a new mixed-use building under a proposal that secured state backing.

Continental Linen Services Inc. is wrapping up the first phase of expansion at its Kalamazoo headquarters as it plans to break ground next week on a new office to serve customers in Northern Michigan.

Compliance One LLC of Kalamazoo has acquired Rockton, Ill.-based Keyes Life Safety Compliance LLC.

After helping save one historic building from the wrecking ball and rehabilitate it into usable office space, the Inner City Christian Federation is looking to do “an encore performance.”

GRAND RAPIDS — In selling shares in the design and construction management firm he started 23 years ago, Guy Bazzani begins to wind down a lengthy career that had a significant influence on the green building movement in West Michigan. Bazzani Building Co. is among the pioneers locally of design and building principles and practices that follow a Triple Bottom Line philosophy that blends economic, social and environmental sustainability.

A bipartisan group of lawmakers in Lansing hopes to revive Michigan’s historic preservation tax credit, which they say will encourage redevelopment in communities across the state. Bills introduced in the state Senate and House earlier this year would reinstate a tax credit of up to 25 percent for rehabilitation expenses on historic properties.

The closure of two recycling drop-off locations in West Michigan highlights the need for the industry to focus on operational efficiency at a time when margins are shrinking. But recycling advocates say the loss of access stemming from the two closures could act as a deterrent in the push to increase Michigan’s recycling rate, which is about 15 percent and ranks among the bottom of all U.S. states.

GRAND RAPIDS — The new owner of Bazzani Building Co. in Grand Rapids plans to maintain the company’s niche focus of sustainable design and construction Investment firm ASA Group LLC, based in Granger, Ind., near South Bend, closed in late April on the acquisition of a majority stake in Bazzani Building, a design and construction management company that over more than two decades established a niche and reputation for its sustainable business practices.

CWD Real Estate Investment Inc. is nearing completion on a project that will offer offices in a historic building in downtown Grand Rapids.

The Waldron Public House, owned and operated by BarFly Ventures LLC, will be transformed into a three-story tiki bar and restaurant this summer.

GRAND RAPIDS — As Michigan’s second-largest city continues to grow and developers scoop up the remaining developable vacant land, it’s likely that some Grand Rapids residents who rent homes in desirable neighborhoods could face being displaced.

An “upscale casual restaurant” and wine tasting room is planning to open in Kentwood this summer.

GRAND RAPIDS — Studio Park developers announced Tuesday that five retailers and a restaurant will be included in the development.

A $4.5 million mixed-use project is in the works for downtown South Haven.

New York-based real estate development and management firm RD Management LLC plans to convert a former Muskegon-area shopping center into a mixed-use development.

Professional services firm BDO USA LLP has relocated its service center to a Franklin Partners LLC building at 5300 Patterson Avenue in Grand Rapids, the development firm announced today.

Until a couple of years ago, environmental assessments for property transactions did not include checking for PFAS contamination. Now, it has become standard practice in areas that have confirmed contamination with the family of industrial chemicals. According to legal experts who work in the real estate industry, both buyers and sellers need to complete due diligence when it comes to properties contaminated with PFAS.

GRAND RAPIDS — Ahead of the impending dissolution of the Kent County Land Bank Authority, the city of Grand Rapids and the Michigan Land Bank are working to form a partnership to allow the local agency’s services to continue under the state banner.

WALKER — Industrial technology and electrical services firm Feyen Zylstra LLC plans to invest $5.3 million in a new facility in Walker.

KALAMAZOO — Campus Advantage Inc., a student housing management company based in Austin, Texas, has taken over management of a property in Kalamazoo, near Western Michigan University.

GRAND RAPIDS — A development partnership wants to convert the massive former Display Pack Inc. building at 1340 Monroe Ave. NW into a 310-unit affordable housing project.

GRAND RAPIDS — RDV Corp. is planning a transformation of a former Fifth Third Bank building in downtown Grand Rapids where it announced in December it would move its headquarters.

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