More Grand Landing Condos Near Completion
The couple Craig S. Adams recently spoke to about a condo in the burgeoning Grand Landing development in Grand Haven weren't worried about the snow on the ground. They were worried about the heat — in Texas, in the summer.
The couple was interested in buying one of the 130 residential units that will ultimately be built at Grand Landing because they want to "get out of Texas" in the summer and escape the heat, he explained. They have family in the area, he added, and were in Grand Haven visiting relatives over the holidays.
That couple, he said, represents precisely the target market for Grand Landing residential units: vacation home buyers.
The 20-acre development, situated on the south channel of the Grand River just west of U.S. 31, is billed as a self-contained resort community with a hotel and convention center, up to 130 condos, restaurants, an outdoor amphitheater and a wide variety of retail shops and service businesses. It's also billed as being within walking distance of downtown Grand Haven.
The Village, which is Phase One of Grand Landing, was scheduled for final completion in late January.
Now under way in Phase Two is construction of seven of the 15 "row houses" that will be on Adams Avenue, four of which already had been sold by the start of 2008, according to Adams, president of Grand Landing.
The row houses are condominiums, described by Grand Landing vice president Don Knape as being 1,600 square feet on two stories, with an attached two-stall garage and up to three bedrooms, plus a rooftop deck and balconies front and back. The Adams Avenue row houses will be priced in the $275,000 range.
Grand Landing represents an investment in excess of $70 million, according to Knape, and is predicted to add $100 million to the city's property tax rolls.
The Village section of Grand Landing, which is on the south side of the 20 acres and closest to U.S. 31, has 40 condos above approximately 37,000 square feet of retail space, plus a Culver's restaurant and a Jimmy John's sub shop. The two fast-food franchises are ideally situated for traffic from U.S. 31 and when they opened in summer 2007, their business was "tremendous," said Knape.
Knape added that The Village retail space is "70 percent spoken for." Businesses include a cleaners and a gourmet deli specializing in organic foods.
The Village condos range in price from about $180,000 to about $320,000, according to Knape. Adams said 21 of those condos were spoken for as of the first of the year.
Future construction will result in many more condos, on the river bordering the north side of the development, and overlooking the harbor on the west side. Those will range in price from $400,000 to $500,000.
"We hope to break ground this spring on our boardwalk," said Adams.
The boardwalk will skirt Grand Landing’s outdoor amphitheater, which will offer theater and concerts in summer and ice skating during winter, "sort of like Rosa Parks Circle" in downtown Grand Rapids, said Adams.
A key part of the project is a proposed eight-story hotel with banquet and meeting facilities, which will be located in the middle of Grand Landing. According to Knape, the top five floors of the hotel tower will be private condos costing up to $1 million each and providing views of Spring Lake, Grand Haven and Lake Michigan.
The hotel's meeting and banquet facilities will offer up to 30,000 square feet of flexible space. The center will include advanced audiovisual technology for meetings and entertainment.
A sky bridge at the mezzanine level will connect the meeting and banquet facilities to two 5,000-square-foot private meeting areas overlooking the waterfront and outdoor amphitheater. Each room will open onto a waterfront terrace and could serve as waterfront wedding and reception areas or as a skybox-style corporate viewing area for amphitheater presentations.
"We are working with a couple of very interested parties, but we don't have a final deal put together yet" on the hotel, said Knape.
Adams said Grand Landing will be constructed in several phases, with completion expected by 2011.
The land now occupied by Grand Landing had been vacant for about 10 years. It was acquired by the city of Grand Haven in the 1990s when abandoned by various businesses that had been located there. Most were industrial uses, including a metal plating factory, tannery and junkyard, according to Knape, plus a garage for Ottawa County Road Commission equipment. CQX