Sydney Smith

Sydney Smith

Staff Writer, covers real estate and economic development
Twitter: @BizSyd
Email: [email protected]

The Michigan Economic Development Corp. recently celebrated its 20-year anniversary. CEO Jeff Mason, who has led the organization since July 2017, is optimistic about the state of Michigan’s economy in 2019, and emphasized the importance of improving the state’s infrastructure.

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.

BELMONT — Trilogy Health Services LLC is planning to construct a new senior living and rehabilitation center in Plainfield Charter Township. The Belmont facility would be at 6081 West River Drive NE, on the northwest corner of West River and Jupiter Avenue, which is currently a vacant lot, said Matt Cole, senior civil engineer for Paradigm Design Inc.

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.

GRAND RAPIDS — Companies looking to break into the lucrative medical marijuana industry want to ensure their place in line for the city’s lottery process that will determine the order in which their proposals are considered. In an effort to boost their chances of being selected in the lottery, some applicants have submitted multiple proposals — sometimes even for adjacent properties — in concentrated areas where city zoning allows medical marijuana-related businesses.

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.

Wednesday, 10 April 2019 14:06

Ada Fresh Market to open April 14

ADA - Ada Fresh Market by Forest Hills Foods will open on April 14, SpartanNash Co. announced Wednesday.

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