Displaying items tagged: real estate and development

Friday, 17 February 2023 11:43

Retailer Tuesday Morning to close Grand Rapids, Portage locations amid bankruptcy filing

Discount home goods retailer Tuesday Morning plans to close more than half of its U.S. stores, including locations in Grand Rapids and Portage, after the company filed for Chapter 11 bankruptcy on Tuesday. 

Thursday, 16 February 2023 15:46

The next hurdle for Grand Rapids’ growing population: suburban zoning

GRAND RAPIDS — As Kent County's housing shortfall grows, community leaders are targeting zoning reform as a tool to increase housing density.

Thursday, 16 February 2023 15:02

Adelaide Pointe moves ‘full steam ahead’ after Muskegon OKs project changes

MUSKEGON — The Muskegon City Commission approved amendments on Tuesday that will pave the way for construction to begin on the $250 million Adelaide Pointe development along Muskegon Lake.

Wednesday, 15 February 2023 12:26

State housing exec focuses on first-time buyers, rejuvenating neighborhoods

The Michigan State Housing Development Authority is on the frontlines of the state’s efforts to add more housing supply, from urban centers like Detroit and Grand Rapids to rural parts of the Upper Peninsula and in the far southwest corner of the state.

Tuesday, 14 February 2023 16:27

Affordable housing developers plan second 52-unit project in GR’s Belknap Lookout neighborhood

GRAND RAPIDS — A group of affordable housing developers plan to construct a three-story, 52-unit apartment building next to the Union Suites on Coit housing project that is currently under construction in Grand Rapids’ Belknap Lookout neighborhood. 

Monday, 13 February 2023 12:07

Grand Rapids area housing gap grew 59 percent during pandemic — and it’s projected to worsen

GRAND RAPIDS — A study released Monday shows the housing shortage in greater Grand Rapids soared during the pandemic as more young people moved to West Michigan amid sluggish new housing starts.

Wednesday, 04 January 2023 16:13

CWD buys Creston neighborhood eatery, taps Essence Restaurant Group to take over Lucy’s cafe

GRAND RAPIDS — Restaurant operator Essence Restaurant Group LLC, which owns The Green Well, Bistro Bella Vita and Grove in Grand Rapids, is now taking over Lucy’s, a breakfast, brunch and coffee bar concept in the Creston neighborhood. 

Sunday, 09 October 2022 19:11

Development JV accelerates plans for large- scale spec industrial projects in SW Michigan

When a Southwest Michigan development group received more inquiries in 2021 for industrial spaces 1 million square feet or larger than it had in the last 10 years combined, leaders knew they faced a challenge, as well as had a business opportunity on their hands. 

Thursday, 15 September 2022 16:43

Tribally owned Waséyabek Development Co. buys Muskegon property

MUSKEGON — Waséyabek Development Co., the non-gaming economic development arm of the Nottawaseppi Huron Band of the Potawatomi, has purchased the manufacturing facility that houses one of its portfolio companies, RSI of West Michigan.

Wednesday, 14 September 2022 15:44

Muskegon approves $250M Adelaide Pointe lakefront development deal

MUSKEGON — A local developer’s $250 million plan to redevelop 30 acres of lakefront property on Muskegon Lake cleared another hurdle in the approval process.

Tuesday, 13 September 2022 17:32

Muskegon city officials consider reducing dwelling unit sizes to achieve more affordability

MUSKEGON — The Muskegon Planning Commission will again consider reducing the minimum size requirements for houses and apartment units at its Sept. 15 meeting in a move to facilitate more infill and affordable housing projects.

Friday, 09 September 2022 15:50

Muskegon to consider Adelaide Pointe development deal for massive lakefront project

MUSKEGON — Muskegon city officials will consider a cooperative use agreement for a $250 million development involving 30 acres of Muskegon lakefront next week.

Wednesday, 07 September 2022 17:42

180-unit Portage apartment project receives $4.7M in state brownfield incentives

PORTAGE — A Southwest Michigan company received state approval today for $4.7 million in brownfield incentives to build a four-story, 180-unit apartment development in the city of Portage.

Tuesday, 06 September 2022 16:56

Backed by $850K federal grant, Manistee plans upgrades to downtown riverwalk

MANISTEE — The city of Manistee is receiving $850,000 to upgrade the city’s downtown riverwalk, the latest development in a string of investments for the lakeshore city in recent years.

Tuesday, 06 September 2022 16:30

Muskegon ranks 4th nationally for construction job growth, but workforce challenges persist

Construction employment in the Muskegon metropolitan area grew at the fourth fastest rate nationally from July 2021 to July of this year. 

Thursday, 11 August 2022 17:33

Shops at CenterPoint mall in Grand Rapids sells for $63.5M

GRAND RAPIDS — The owners of the Shops at CenterPoint mall in Grand Rapids have sold the property in a $63.5 million transaction.

Thursday, 07 July 2022 14:40

Fifth Third Bank sells historic downtown Holland office building for $4.4M

HOLLAND — An iconic three-story former bank building in downtown Holland has sold for more than $4.4 million, MiBiz has learned.

Wednesday, 22 June 2022 13:39

Gilmore Collection retains ownership of The B.O.B., plans September reopening

GRAND RAPIDS — Gilmore Collection plans to reopen The B.O.B. in downtown Grand Rapids after a deal to sell the venue fell through.

Sunday, 19 June 2022 18:52

‘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.

Tuesday, 26 April 2022 12:45

Kalamazoo mixed-use development receives additional state loan as construction costs spike

KALAMAZOO — The developer planning a 52-unit, mixed-use project at a former industrial site north of downtown Kalamazoo will receive $1.2 million in additional state loans as construction costs escalate.

Thursday, 10 March 2022 09:47

‘LONG TIME COMING’: Franklin Partners purchases 74-acre Site 36 in Wyoming for future industrial redevelopment

WYOMING — Franklin Partners LLC has purchased the sprawling former General Motors stamping plant in Wyoming known as Site 36 for $5.25 million and plans to build a new industrial development on the property.

Monday, 07 March 2022 11:53

Grand Rapids African American Museum and Archives plans move to larger location

GRAND RAPIDS — The Grand Rapids African American Museum and Archives plans to relocate to an 18,000-square-foot, three-story space in Grand Rapids’ Heartside neighborhood, which would be a major expansion for the organization.

Friday, 04 March 2022 17:05

Fair Housing Center of West Michigan awarded federal housing discrimination funds ‘in the nick of time’

GRAND RAPIDS — The Fair Housing Center of West Michigan is one of 11 agencies in the country receiving federal funding to support housing discrimination victims who have been increasingly affected during the COVID-19 pandemic. 

Monday, 28 February 2022 11:26

New Standard opening first dispensary in Grand Rapids near Medical Mile

GRAND RAPIDS — New Standard plans to open its first dispensary in Grand Rapids with a new building in the city’s Midtown district near Medical Mile. 

Wednesday, 23 February 2022 13:33

Eastern Kille Distillery plans outdoor cocktail garden, distillery along White Pine Trail

PLAINFIELD TWP. — The Plainfield Charter Township Planning Commission has approved Eastern Kille Distillery’s plan to relocate its distilling operation to a 16-acre property along the White Pine Trail. 

Wednesday, 16 February 2022 13:21

Erhardt Construction ‘putting down roots’ in Muskegon with second office 

MUSKEGON — General contractor, construction management and design firm Erhardt Construction Co. is opening a new office in Muskegon, company officials have announced. 

Monday, 14 February 2022 18:50

Grand Haven restaurant The Toasted Pickle expanding with new downtown Rockford location

ROCKFORD — The Toasted Pickle specialty sandwich shop in Grand Haven is expanding with a second location in downtown Rockford at the former Ramona’s Table restaurant.

Monday, 14 February 2022 13:26

MiBiz on WOOD-TV8: Grand Haven to consider Chinook Pier redevelopment proposal

City officials in Grand Haven are considering a Zeeland-based developer’s proposal to reconfigure Chinook Pier in downtown.

Sunday, 13 February 2022 18:21

Grand Haven considers lone proposal for redeveloping Chinook Pier

GRAND HAVEN — City leaders will have to decide whether to work with a single development team to refine conceptual plans for redeveloping an area along Grand Haven’s waterfront.

Sunday, 13 February 2022 18:17

$12.2M Belknap Lookout affordable housing project aims to stop displacement in neighborhood

GRAND RAPIDS — Property once planned for a high-end residential project is now slated to be redeveloped into 52 affordable apartments in the city’s Belknap Lookout neighborhood.

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