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A Cherry Sweet Landing
GRAND RAPIDS — Although none of the buildings are actually on Cherry Street, the Cherry Street Landing development is still likely to be recognized for generations to come as arguably the most ambitious downtown construction project of its era.
When Rockford Construction Co., headed by
Well, as of today, nine structures have been renovated or built, two more are in the design stage, 450,000 square feet of space is occupied, and $60 million worth of construction debt has been spent. For all practical purposes, the Cherry Street Landing project has fulfilled its promise, made believers of its doubters, and has created a new neighborhood hub of education, office and entertainment entities from mostly vacant buildings that were almost all abandoned by the H.H. Cutler Manufacturing Co.
In short, except for a few finishing touches, the Landing has landed.
Tall House Enterprises still has to build its nine-story condo and retail tower at
But those projects are add-ons that exceed the original plan, which was first laid out as
“Ray Kisor and I got together and Cutler had listed some of those buildings for sale. There were some that weren’t theirs, a couple of other private owners. So after thinking about it quite a bit, we put together an offer to the four different parties and said if they all signed up, we would buy all of the buildings,” said John Wheeler, Rockford Co. CEO.
Back then, Kisor was with S.J. Wisinki & Co. Today, Kisor leads Commerce Realty, and Wheeler said he was instrumental in putting the sales transaction together as all four owners agreed to the deal.
“Then I went to see Peter Secchia for a financial partnership, because he and I had just finished the
The new Van Andel Arena was his launching pad, and soon SIBSCO and
“I liked the way he was thinking. He was converting worn down, but potentially beautiful buildings into rehabilitation projects. He understood construction. I understood finance. So he showed me the potential of the Cherry Street Landing,” Secchia told the Business Journal soon after the partnership was formed.
Two years after they came together, they finished renovating the first building. The Brooks Building at
So the project was off and running — until the
This wasn’t just bad news for the developers, it was the worst possible news they could have received in 1999.
“That was the one that really set us back, because we were carrying all that debt without any tenants. Nobody could even get to the site. It was tough. It was really, really difficult for those first couple of years,” said Wheeler.
At the same time, though, Wheeler said MDOT allowed them and the project’s architect, Design Plus, to have input into the design of the streets and off-ramps. But the highway work forced them to trade properties with the Downtown Development Authority, a move that ended up aiding the project greatly but also added another layer of negotiated contracts to a development that was becoming more difficult to build.
Then the best thing happened.
“That was really the catalyst. That was a big deal for them: 77,000 square feet on a 20-year lease,” said Wheeler of the WMU decision, which the board unanimously approved.
“Once Western did it, then Cooley came into town and they liked it a lot. Now we’ve got a school of cosmetology coming in, and it’s becoming quite an educational hub down there.”
As the Landing was being developed and consideration was being given to adding more properties to the effort,
“Peter’s vision was to help get us started and then pay him off once we got started, and we did. Then we started looking at taking on more buildings down there. Dick DeVos and his son, Rick, got with us and we shared our vision with them. Then they became our 50-50 partner in the project, and that has worked out really well,” said Wheeler.
Wheeler also acknowledged the effort that Vern Ohlmann and Design Plus contributed to the project. He said the firm designed every building except two. BETA Design designed 70
Wheeler also had high praise for the DDA’s belief in the project and for the city coming onboard.
“The DDA has been phenomenal,” he said. “The city had to make a big commitment to put in the brick pavers, the streetscaping and all that. That was a lot of money. They came through and they did it.”
So with none of the buildings on
“I think this is another dream come true for me. I have four sons, two of which are in the business with me, and they had the choice of going anywhere they wanted to to do business. After they graduated from college — they didn’t go to school in Grand Rapids, they went away and came back — and now they’re telling their friends how cool downtown is and especially the Cherry Street Landing entertainment area,” said Wheeler.
“To me, that’s what it was all about to begin with. You have to be able to retain good people in your hometown. You don’t want all the talent leaving all the time. To create these kinds of fun things for young, talented people, gives them a reason to carry on family traditions in