Real Estate and Retail

Apartment building prepares for makeover

November 20, 2015
| By Pat Evans |
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Oakwood Manor Apartments
Oakwood Manor Apartments, which opened in 1923, stands on Cherry Street SE in Grand Rapids. Photo via fb.com

The owners of a seven-story apartment building are planning a makeover to the property that would feature retail space.

Oakwood Manor Apartments in Grand Rapids, at 547 Cherry St. SE, has new owners who want to return the building to the character it once had, according to a blog post this week by X Ventures in Grand Rapids, a commercial real estate brokerage.

X Ventures, architect Lott3Metz in Grand Rapids and Grand Rapids-based Green Property Management are all working with the unnamed ownership group on plans to renovate the interior and exterior of the building.

X Ventures says the makeover of The Oakwood, “as it will be called as it evolves under the banner of redevelopment,” would slowly transform the building from its east to west wings, from the seventh floor to the garden level and include a “major landscaping overhaul.”

Retail space

Oakwood Manor originally opened in 1923 with 94 apartments and ground-level retail and a restaurant.

The makeover project would restore the retail experience on the ground floor, looking for “unique” concepts for the Heritage Hill area.

“We are seeking a mixture of concepts which might include a salon, deli, coffee shop or neighborhood restaurant/tavern to help anchor what has already become one of Grand Rapids’ most-established areas of town for all ages,” the post says.

“We are looking for the right fit, which offers a relaxing atmosphere, savory fare and unique wine and beer selections, where friends and family can gather, eat, drink and be entertained.”

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