Displaying items tagged: First Companies Inc

GRAND RAPIDS — Less than a decade ago, the Creston Neighborhood was positioned to be “that next hot spot” in the city of Grand Rapids. A developer planned two mixed-use housing projects in the neighborhood’s business district, spurring other businesses to plan for expansion or relocating to the neighborhood.

GRAND RAPIDS — Grand Rapids city commissioners have approved tax incentives for four mixed-use projects that would add 200 housing units across the city.

GRAND RAPIDS — Developers plan to demolish two aging structures to make way for a four-story, mixed-use apartment building in Grand Rapids’ Creston Neighborhood, where business owners for years have clamored for projects but have often seen developers fail. 

GRAND RAPIDS — A music school that operates under the same name and a similar style to the movie “School of Rock” is coming to Grand Rapids. 

GEORGETOWN TWP. — Hudsonville-based nonprofit Hand2Hand recently purchased a former Aldi grocery store to consolidate its office and warehouse space into one location.

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.

After a day filled with showing commercial space to a potential client, Bryan Bench felt like his professional life had briefly returned to what it was before the disruption that came with the global COVID-19 pandemic.

Here is the MiBiz Growth Report for May 27, 2020.

While we’ve all been anticipating what the “new normal” might look like post COVID-19, many commercial real estate investors in West Michigan are optimistic about opportunities ahead.  In the short-term, the focus will be on assisting existing tenants; however, wise investors can look forward to new real estate opportunities in a market that remains well positioned for long-term success.

CASCADE TOWNSHIP — Supply chain management and warehouse supply company JetCo Federal Supply is expanding with a new space in the Grand Rapids area. 

Contractors are capping off another busy year for developments across West Michigan. From the largest mixed-use project in downtown Grand Rapids history, to new modern buildings in historic areas, these are five notable projects from around the region on the radar for MiBiz this year. Here’s a closer look at them.

Construction and development professionals in West Michigan remain optimistic as they look toward 2020, even though the upcoming presidential election and ongoing talent issues are causing headwinds. While some markets might slightly change next year, industry experts who spoke with MiBiz during a recent executive roundtable said they are interested to see how downtown Grand Rapids developments will spark additional new projects. Many also noted that collaboration and partnerships are becoming key to the industry’s success.

ADA — After observing the revitalization of the Ada Village Business District, outdoor retailer Bill & Paul’s Sporthaus is expanding in the suburban community with a new 3,669-square-foot store. 

MiBiz Growth Report for Oct. 26, 2019.

ADA — Retailer Bill & Paul’s Sporthaus is expanding in Ada with Beyond by Bill & Paul’s, an outdoor lifestyle, clothing, footwear and accessories store.

GRAND RAPIDS — In the case of the $160 million Studio Park project, it took a city to build one of the largest developments in the recent history of downtown Grand Rapids.

GRAND RAPIDS — Associated Builders and Contractors of Western Michigan has announced the winners of its 33rd annual Excellence in Construction awards.

GRAND RAPIDS — West Michigan Community Bank plans to open a new regional office in Grand Rapids Township.

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 — 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. 

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. 

Brandon Marquoit, owner of a commercial printing services business, had reached a breaking point.  “We were totally hamstrung and had no more space to grow or run our business,” he stated.

WALKER — Falk North America Inc. is the latest company to plan a move into WalkerView Industrial Park. 

A long-stalled development proposal in the Creston neighborhood north of downtown Grand Rapids is on the hunt for new owners.

Here is the MiBiz Growth Report for April 30, 2018.

• M&A: New York City-based Standard Media Group LLC, a new investor-backed media company, has entered into a definitive agreement with Sinclair Broadcast Group Inc. of Hunt Valley, Md. to acquire Grand Rapids-based Fox 17 WXMI and eight other stations around the country. The $441.7 million cash deal would create a new media company affiliated with Standard General LP, an SEC-registered investment adviser that manages capital for public and private pension plans, endowments, foundations, and high net worth individuals. The deal, which is subject to regulatory approval, is expected to close in conjunction with the Sinclair-Tribune transaction. As MiBiz previously reported, Sinclair is trying to appease government regulators in a bid to finalize its $3.9 billion acquisition of Chicago-based Tribune Media Co., which currently owns Fox 17. 

The East Paris Avenue corridor continues to act as a magnet for the development of new medical office buildings.

Amid a tight industrial real estate market, new construction continues to take hold.

Large amounts of new office space, particularly for medical uses, will come online in suburban Grand Rapids in the near future, and it’s not expected to last long on the market. 

First Companies Inc., a development and general contracting firm based in Grand Rapids, continues to grow a medical office campus on the city’s southeast side.

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.