Displaying items tagged: Wheeler Development Group LLC

While local housing officials expect last year’s spike in housing prices and interest rates to cool off in 2023, high demand and low inventory are still creating difficulties for renters and homebuyers.

ROCKFORD — Market disruptions that have halted some major construction projects from Wheeler Development Group LLC aren’t stopping the company from reviving plans for a 54-room boutique hotel in downtown Rockford.

ADA — Wheeler Development Group LLC has broken ground on a 92-unit, luxury apartment project in downtown Ada.

Suburban Grand Rapids is experiencing a spike in activity from both longtime and relatively new multifamily housing developers who see opportunity with high demand and often readily available land.

GRAND RAPIDS — Wheeler Development Group LLC has halted plans for a 39-unit, mixed-use apartment development in Grand Rapids’ Eastown neighborhood because of escalating construction costs and interest rates, MiBiz has learned.

GRAND RAPIDS TWP. — Wheeler Development Group LLC is planning a 52-unit townhome community northeast of Grand Rapids.

Developers and contractors see some light at the end of the tunnel as sky-high prices for lumber and other construction commodities begin to decrease from peaks during the pandemic. 

GRAND RAPIDS — Wheeler Development Group LLC is in the conceptual stages of a planned mixed-use development with 39 apartment units and ground floor retail in Grand Rapids’ Eastown neighborhood.