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Displaying items tagged: RDV Corp

Friday, 03 March 2023 10:32

DeVos family sells historic Peninsular Club building in downtown GR for $6.4M; University Club moving in

GRAND RAPIDS — A DeVos-owned building with a “long, storied history” in downtown Grand Rapids recently sold for nearly $6.4 million, and is set to once again house a private social club.

Tuesday, 28 February 2023 15:13

DeVos affiliate to rebuild Holland-area staple Ottawa Beach General Store

PARK TWP. — The owners of the Ottawa Beach General Store, a community staple along Lake Macatawa near Holland State Park, plan to rebuild the facility and maintain its vintage design in time for the 2024 season.

Monday, 19 December 2022 15:49

DeVos-owned MVP Sports Clubs sells Florida-based RDV Sportsplex to Genesis Health Clubs

GRAND RAPIDS — MVP Sports Clubs LLC, a Grand Rapids-based chain of health and athletic facilities that’s owned by RDV Corp., the DeVos family office, has sold its flagship Florida location to national gym operator Genesis Health Clubs. 

Published in Economic Development

Friday, 29 April 2022 18:42

The Rowe building in downtown GR sold for $19.6M to California firm

GRAND RAPIDS — The Rowe, a downtown Grand Rapids mixed-use building formerly owned by the DeVos family office, recently sold for $19.6 million to a California-based real estate firm.

Sunday, 10 April 2022 18:33

GRAND RAPIDS ‘LINCHPIN’: Modeled off Van Andel Arena, $116 million amphitheater project already attracting national developers’ attention

GRAND RAPIDS — Local entertainment and development officials say a planned $116 million outdoor amphitheater is modeled off the success of Van Andel Arena and could serve as an even stronger catalyst for further downtown development.

Sunday, 04 July 2021 16:40

Kent County officials want seat ‘at the table’ for GR amphitheater

GRAND RAPIDS — As city officials and private developers structure a property deal to advance plans for a downtown amphitheater, Kent County commissioners are seeking more involvement in a process on which they will ultimately vote.



Wednesday, 10 March 2021 10:52

GR sewer relocation project starting next month to fuel Market Avenue redevelopment

GRAND RAPIDS — The first phase of the trunk sewer relocation project that will allow for redevelopment along the city’s Market Avenue SW corridor was approved Tuesday by the Grand Rapids City Commission.

Published in Economic Development
Tuesday, 10 November 2020 12:40

GR officials consider infrastructure, property deal for waterfront amphitheater

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.

Thursday, 17 September 2020 15:14

10-unit, $2.6 million GR housing development ‘still moving forward’

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.


Tuesday, 25 August 2020 14:21

State approves $4.4 million in tax incentives for downtown GR development

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.

Wednesday, 12 February 2020 11:35

Developer plans micro-hotel on Monroe Center

GRAND RAPIDS — The Grand Rapids Downtown Development Authority today approved a grant for the conversion of a lower-level space on Monroe Center into a micro-hotel.

Sunday, 05 January 2020 17:00

Growth Report: January 6, 2020

This is the MiBiz growth report for January 6, 2020.

Published in Economic Development


Thursday, 19 December 2019 10:52

DeVos-owned company plans boutique hotel in downtown GR

GRAND RAPIDS — An affiliate of Grand Rapids-based RDV Corp. is exploring adding a boutique hotel to a 13-story downtown apartment building.

Friday, 08 November 2019 13:18

CWD to add street-level commercial space along Lyon Street in downtown Grand Rapids

GRAND RAPIDS — CWD Real Estate Investment Inc. want to reshape a key downtown corridor with more retail users, including storefronts and restaurants.

Saturday, 28 September 2019 11:05

Growth Report: Sept. 28,2019

Growth report for Sept. 28, 2019.

Published in Economic Development

Friday, 20 September 2019 15:31

DeVos family acquires stake in Swedish PE firm

A subsidiary of RDV Corp., the family office for the DeVos family, has acquired a stake in Swedish-based private equity firm Nordic Capital.

Published in Finance
Tuesday, 02 April 2019 12:07

RDV Corp. reveals plans for new downtown Grand Rapids headquarters

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.

Friday, 07 December 2018 14:41

Veteran Muskegon hospital CEO to lead health care nonprofit through merger

SPRING LAKE — Roger Spoelman plans to step away from a full-time role at Trinity Health at the end of 2018 to bring together and run two nonprofit organizations he’s been involved with for years.

Published in Nonprofits

Monday, 03 December 2018 12:22

DeVos family office to move headquarters to 200 Monroe building

The DeVos family office announced Monday that it has agreed to purchase a vacant office building in downtown Grand Rapids.

Sunday, 11 November 2018 21:50

Tepid Yeti IPO gives DeVos firm cooler-than-expected payout

GRAND RAPIDS — A lukewarm initial public stock offering by drinkware and cooler-maker Yeti Holdings Inc. spelled a smaller-than-expected payout for a prominent West Michigan family office. 

Published in Finance
Sunday, 09 July 2017 14:34

DeVos-held firm gets loan deferment on GR facility amid struggle to fill retail space

GRAND RAPIDS — After running into challenges with leasing retail space at a prominent downtown redevelopment, a DeVos-held entity got permission from the state to delay its incentive loan repayments.


Sunday, 05 March 2017 16:15

As Betsy DeVos takes cabinet post, family to continue community engagement

GRAND RAPIDS — Betsy DeVos’ new role as U.S. Secretary of Education under President Donald Trump will require her to step away from some of her vast business interests to comply with federal ethics laws.

Published in Economic Development
Friday, 26 February 2016 12:20

DeVos investment firm forms $130M private equity fund

An investment firm that serves RDV Corp., the family office for Amway co-founder Richard DeVos, has formed a $130 million private equity fund.

Published in Finance