Displaying items tagged: Wheeler Development Group LLC
New financing tools available as developers, investors contend with housing challenges
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.
Developer revives plan for boutique hotel in Rockford; scraps 24-story downtown GR tower
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.
Construction starts on 92-unit luxury apartment project in downtown Ada
ADA — Wheeler Development Group LLC has broken ground on a 92-unit, luxury apartment project in downtown Ada.
‘BOOMING’ SUBURBIA: Developers plan hundreds of new housing units in GR area
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.
4-story Eastown apartment project halted as construction costs rise
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.
Wheeler Development Group planning 52-unit townhome development near GR
GRAND RAPIDS TWP. — Wheeler Development Group LLC is planning a 52-unit townhome community northeast of Grand Rapids.
Contractors adapt to remain active amid high commodities costs, labor challenges
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.
Wheeler Development plans 39 apartment units, ground floor retail in Eastown
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.