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Displaying items tagged: Third Coast Development LLC

Sunday, 25 April 2021 11:23

MiBiz Growth Report: April 25, 2021

Here is the MiBiz Growth Report for April 25, 2021.

Published in Economic Development
Wednesday, 14 April 2021 11:43

Garage Bar in Wyoming sold to neighboring restaurant owner

WYOMING — The owners of the Garage Bar & Grill are selling the bar to the owners of India Town, a restaurant located adjacent to the bar along South Division Avenue.

Wednesday, 24 February 2021 09:20

5-story Holland condo project approved for $2.2M in brownfield incentives

HOLLAND — A luxury five-story residential and commercial building planned in Holland received approval Tuesday from the Michigan Strategic Fund board for $2.2 million in brownfield incentives. 

Wednesday, 28 October 2020 15:27

109 senior apartments planned for Dominican Sisters Marywood campus

GRAND RAPIDS — Third Coast Development LLC and PD Development Group plan to convert part of the main building on the Dominican Sisters’ Marywood campus into 109 apartment units of affordable and market-rate senior housing. 

Sunday, 04 October 2020 16:44

West Michigan projects get $1.9M in affordable housing funding

Two West Michigan affordable housing projects have secured $1.9 million in a recent funding round from the Michigan State Housing Development Authority.

Monday, 20 July 2020 14:43

Affordable senior housing planned at Dominican Sisters’ Grand Rapids campus

GRAND RAPIDS — The Dominican Sisters-Grand Rapids have reached an agreement to redevelop an iconic part of their campus into affordable senior housing.

Thursday, 19 March 2020 00:01

Grand Rapids bar to offer 100 free to-go meals daily to laid off workers

GRAND RAPIDS — Garage Bar & Grill plans to give away 100 free carry-out meals to workers affected by recent layoffs. 

Published in Food/Agribusiness
Friday, 31 January 2020 05:00

Fluresh plans Feb. 7 opening for first GR medical marijuana provisioning center

GRAND RAPIDS — Fluresh LLC plans to open the first licensed medical marijuana provisioning center in Grand Rapids on Feb. 7 in the former Benteler Automotive plant on the city’s southwest side.

Tuesday, 12 November 2019 11:56

Spectrum Health acquires office building on Medical Mile

GRAND RAPIDS — Spectrum Health continues to scoop up property along Michigan Street east of downtown and its Butterworth Hospital campus. 

Saturday, 26 October 2019 08:47

Growth Report: Oct. 26, 2019

MiBiz Growth Report for Oct. 26, 2019.

Published in Economic Development
Sunday, 20 October 2019 12:06

Grand Rapids developer proposes residential project in Ludington

LUDINGTON — A Grand Rapids developer and Lansing-based nonprofit investor Michigan Community Capital are hoping to turn a donated building into apartments in Ludington.

Sunday, 13 October 2019 19:47

M&A Awards: Orion Real Estate Solutions fills landmark downtown Grand Rapids development

On the heels of a range of downtown developments coming online in recent years, Orion Real Estate Solutions saw further demand for Class A office space in Grand Rapids. 

Sunday, 14 July 2019 12:05

State-backed program receives $55M in federal funds to invest in housing

Backed by an infusion of $55 million in federal funds, Lansing-based Michigan Community Capital plans to continue investing in mixed-income housing projects across the state. 

Monday, 08 April 2019 14:54

Developers seek tax credits to transform Grand Rapids industrial building

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.

Wednesday, 27 March 2019 14:30

New owner acquires Local 741, plans to open new neighborhood bar

GRAND RAPIDS — New ownership plans to turn Local 741 into a neighborhood bar after acquiring the site from a partnership involving an affiliate of Third Coast Development LLC. James Matthews, owner of Iron Well LLC, purchased 741 Leonard St. NW and Local 741 from Third Coast on March 20. Terms of the deal, which included Class C liquor and specialty designated merchant licenses, and the property transaction were not disclosed.

Sunday, 20 January 2019 23:56

Affordable housing developers face delays with ‘oversubscribed’ LIHTC funding

GRAND RAPIDS — Developers relied on low-income tax credits to add nearly 2,000 units of affordable housing in the city over the last five years. While the credits provide key gap financing to affordable housing developers, officials who administer the funding say the program is consistently “oversubscribed,” leading to delays for new projects.

Sunday, 02 December 2018 16:00

Proposed Belknap housing development awaits approvals

GRAND RAPIDS — A proposed housing development is seeking approvals from the city and state before moving forward in the Belknap Lookout neighborhood.

Sunday, 11 November 2018 21:34

Spectrum inks $5 million, two-property deal with Third Coast Development

GRAND RAPIDS —  is the new owner of two more properties along the Michigan Street corridor. 

Friday, 31 August 2018 20:22

BUY LOCAL: New REIT targets $90M fund for West Michigan deals

A recent investment in a Grand Rapids office complex could serve as the template for what executives hope will become a new platform for West Michigan real estate investment.

Monday, 11 June 2018 19:12

Sources: GFS plans grocery store on Michigan Street east of downtown Grand Rapids

Gordon Food Service Inc. plans to open a retail store along the burgeoning Michigan Street corridor, MiBiz has learned.

Published in Breaking News
Sunday, 13 May 2018 19:00

After 4 years, development still slow along GR’s Silver Line bus route

GRAND RAPIDS — The old adage that development follows transit has proven slow to materialize along the Silver Line bus rapid transit (BRT) route through southern Kent County.

Published in Economic Development

Sunday, 21 January 2018 12:21

Location factor: Strong apartment demand persists in GR, with thousands of units on the way

GRAND RAPIDS — Demand remains strong for urban apartments, although occupancy rates for the burgeoning market have begun to slip as new units come online. 

Tuesday, 19 December 2017 11:33

Third Coast Development gets additional $1 million for Michigan Street project

The developers of a mixed-use project on Michigan Street have received an added $1 million in state incentives to offset unforeseen costs and finish the project.

Published in Breaking News
Sunday, 26 November 2017 16:04

MiBiz Growth Report: Nov. 27, 2017

Here is the MiBiz Growth Report for Nov. 27, 2017: 

• M&A: Norton Shores-based Nichols Paper and Supply Co. has acquired Indianapolis, Ind.-based Spectrum Janitorial Supply, a provider of cleaning supplies, in a move to continue expanding in the Midwest. Nichols, a distributor of janitorial cleaning supplies and shipping and packing equipment, closed on the transaction on Nov. 6, according to a statement. Terms of the deal were not disclosed. Nichols’ previous acquisitions include Professional Sanitary Supply Corp., Kellermeyer Co. and Industrial Cleaning Supply Co. The company has offices in Grand Rapids, Detroit, Holland and Traverse City in Michigan, as well as two offices in Ohio.

Published in Breaking News

Wednesday, 15 November 2017 13:18

Third Coast Development acquires Creston neighborhood bar/restaurant

Third Coast Development LLC continues to expand its restaurant portfolio.

Published in Breaking News
Sunday, 01 October 2017 17:19

Lakeshore group seeks to bolster housing with new tools, grants

HOLLAND — Faced with a shortage of housing for people at various income levels, community leaders in Michigan’s fastest-growing county are exploring new ways to develop residential units.

Sunday, 26 March 2017 08:00

Land use experts encourage GR to pilot equitable development policies at 201 Market

Commercial real estate and city government stakeholders view a soon-to-be vacated riverfront site as an ideal laboratory for testing a more equitable model of development.

Published in Breaking News

Monday, 06 February 2017 16:05

Blandford to convert Highlands Golf Course back to nature

GRAND RAPIDS — Blandford Nature Center has collaborated with local partners on a transformational land deal that could help reshape a neighborhood on the west side of Grand Rapids. 

Published in Breaking News
Tuesday, 31 January 2017 10:46

El Barrio Mexican Grill closes

El Barrio Mexican Grill, a fixture of the Medical Mile dining scene for the last several years, has closed.

Published in Breaking News
Sunday, 11 December 2016 16:07

Pushing forward: West Michigan real estate industry moves to execute on plans

By and large, 2016 made for a record year for many in West Michigan’s commercial real estate and construction sectors. 

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