Grand Rapids Business Journal

GRBJ 2-20-18

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February 20, 2018

Volume: 36
Edition: 8
Since 1983, Grand Rapids Business Journal has been West Michigan's primary and most trusted source of local business news. The weekly print edition of the Business Journal, a must-read for the area’s top decision-makers, is known as the business newspaper of metro Grand Rapids, Holland, Muskegon and all of West Michigan.

February 20, 2018

Record attendance drives hotel revenue

Rise in daily room rates, entertainment options attributed to number of hotel rooms booked.

February 16, 2018
(As seen on WZZM TV 13) Kent County’s hotel revenue saw an increase of 6.8 percent in 2017. The percentage growth has not been as large as in past years, but the record revenue of nearly $211 million can be attributed to several factors. Read More

Muskegon’s initial ‘skyscraper’ is reborn

Highpoint Flats apartment complex also will feature ground-floor retail space, office space.

February 16, 2018
After a nearly decade-long hiatus, including almost two years in planning and construction, Highpoint Flats Apartments is set for completion in late May. Read More

Triangle builds on first 100 years

General contractor braces for future growth, marks anniversary with volunteer service.

February 16, 2018
One hundred years after a Grand Rapids carpenter and his two sons founded what would become Triangle Associates Inc., the long-standing general contractor still is growing and bracing for a tight project schedule in summer 2018. Read More

Inside Track: A love of language

Former ballet dancer turns to sign language interpretation to help deaf students communicate.

February 16, 2018
Clinton McMurray loved ballet dancing when he was growing up. Read More

Lakeshore Advantage supports $90M in private investment

The economic development agency supported 49 business expansion projects in 2017 that resulted in more than 650 new jobs.

February 16, 2018
Last year’s numbers are in for Lakeshore Advantage, the nonprofit economic development organization serving employers in Ottawa and northern Allegan counties. Read More

Region’s colleges bank $112 million in giving

U.S. colleges and universities raised $43.6 billion in donations, up 6.3 percent from 2016.

February 16, 2018
Six West Michigan colleges received more than $112.74 million in donations last year. Read More

Mayor calls for teamwork

In third State of the City address, Bliss details progress of 2017, challenges for 2018.

February 16, 2018
The positive developments in Grand Rapids last year happened because of community partnerships, according to Mayor Rosalynn Bliss. She said teamwork will be even more essential heading into a challenging 2018. Read More

Real estate execs dismiss bitcoin frenzy

West Michigan leaders express concern over longevity, volatility of cryptocurrencies.

February 16, 2018
A recent collaboration between a global property marketplace and the city of South Burlington, Vermont, could be the first in a growing trend of real estate transactions being recorded on the blockchain, but don’t expect the trend to hit the West Michigan market anytime soon. Read More

Fiduciary rule closes some conflict-of-interest loopholes

DOL regulation requires investment advisers to act in clients’ best interests, not their own.

February 16, 2018
Is your financial adviser working in your best interests? He or she is now, based on the U.S. Department of Labor’s implementation of the “fiduciary rule” last June. Read More

Further analysis needed for large hotel development

February 16, 2018
The Business Journal is reporting on consecutive years of hotel occupancy rate increases; the reasons for that growth were underscored in the recent GRBJ Newsmakers of the Year awards. Read More

Michigan metros don’t stack up

February 16, 2018
Michigan’s two big metros not being selected as a finalist for the Amazon’s HQ2 should not surprise anyone. Read More

Change Ups: Koster, Hemingway receive Visionary Award

February 16, 2018
Dave Koster, general manager of the Holland Board of Public Works, and Tim Hemingway, Holland Board of Public Works board president, received the Lakeshore Advantage Visionary Award for their efforts that resulted in the Holland Energy Park. Read More

Public Record

February 16, 2018
Feb. 16 — Mortgages Read More

Street Talk: The DIY spirit

Invisible workforce.

February 16, 2018
A former city of Wyoming dump truck has found new life as a crash attenuator vehicle for the Public Safety Department’s fire division. Read More