Real Estate/Development

Investments in rail infrastructure eventually will expedite the time it takes for Amtrak passengers to commute from Kalamazoo to Chicago, potentially cutting travel times by a half hour. 

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GRAND RAPIDS — Offering shorter lease terms and increased flexibility to tenants may seem counterintuitive to executives in the office development and property management sector. 

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Despite a global economic slowdown and fears of overheating in major markets, stakeholders in West Michigan’s commercial real estate industry say current regional indicators continue to show signs of a healthy market. 

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Foreign investors have considered Michigan an attractive place put their capital to work in the post-recession years.

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West Michigan contractors and architects point to the diversification of backlogged projects as further proof of a healthy regional economy. 

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Most research firms project the commercial real estate market in West Michigan will maintain slow but steady growth in 2016. 

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ADA — The future of the quaint village of Ada lies in creating a moderately dense, mixed-use downtown where residents and visitors alike can live, work, play and eat. 

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A leaked internal document outlining potential plans for development in a Grand Rapids neighborhood has created a firestorm of controversy and stoked fears of gentrification.

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Despite a number of recent global and national industry reports pointing to potential slowdowns in the construction sector, West Michigan contractors say they remain busy and confident for the foreseeable future. 

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Michigan’s two leading construction trade groups find themselves on opposite sides of one key industry issue: prevailing wage. 

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When developer Sam Cummings set out to redevelop a building at 25 Ionia St. SW in Grand Rapids nearly two decades ago, he needed to leverage the site’s historic designation to make the project economically feasible.

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With nearly 2,000 new apartment units in the development pipeline for downtown Grand Rapids, many in the community have started to wonder when a full-service grocery store will open in the city core.

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With more than 530 new apartments and at least $115 million in new investment, the pipeline for mixed-use development remains strong along the Michigan Street corridor east of the Medical Mile.

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The West Grand neighborhood in Grand Rapids soon will offer residents and visitors the ultimate trifecta when it comes to craft alcoholic beverages.

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From new high-rise office towers to revamped shopping malls to urban parks, the growing region continues to see new construction and major renovation projects across a host of real estate sectors. But a lot can go on between a formal project announcement and its actual completion — or even its groundbreaking.

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With developers facing a series of complications in creating a sustainable housing market in downtown Muskegon, city government decided to take the rare move and jump into the business of commercial real estate development.

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With state tax changes secured, Switch Communications Group LLC now turns its attention to the decade-long buildout of its $5 billion cloud-based data center in southern Kent County.

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