Items Tagged with 'redevelopment'
The Grand Rapids Business Journal recently published a very informative article by W.E. Upjohn Institute for Employment Research. The article discusses a rise in big-box retail brick-and-mortar store closings, including “Sears (265 stores closed this year), JCPenney (138 stores) and Macy’s (100 stores)” — and the list continues to grow. While this signals financial challenges for those retailers and landlords, it may also create opportunity for those landlords or investors who are able to purchase these properties as vacant, value-add assets. Read More
The Greater Grand Rapids area is undergoing an almost unprecedented redevelopment, albeit one that is less visible than new buildings and renovations. Read More
Just as the firm heads into the home stretch of its renovation of the Kendall Building in downtown Grand Rapids into a dozen apartments, 616 Development revealed a plan to expand its growing 616 Lofts community into a church in an historic neighborhood. Read More
The popular music and art venue Division Avenue Arts Collective, better known as the DAAC, said Wednesday that it will be closing its doors, at least temporarily, following the sale of its long-standing home downtown. Read More
The city of Grand Rapids' Economic Development Director Kara Wood has been tapped to represent the city on the Association for Brownfield Redevelopment Authorities, a new statewide agency. Read More
Back in 2008, Dave Levitt and Brad Rosely of Third Coast Development Partners were close to adding a five story, 149-room Hyatt Place Hotel to their premier 16 acre, mixed-use development, Mid Towne Village, at Michigan Street and Paris Avenue NE in Grand Rapids. Read More
Kendall College of Art and Design's rehabilitation of the Federal Building in downtown Grand Rapids has been named one of the projects to receive the 2013 Governor's Award for Historic Preservation. Read More