Developer builds Greek housing
The housing options for a university’s Greek life community are growing.
The Grand Rapids-based developer Orion Real Estate Solutions officially opened last week the first $7.5-million phase of The Grand Village, a sorority and fraternity housing project near Grand Valley State University’s Allendale campus, at 5050 Pierce St.
Orion Construction is serving as contractor on the more than $20 million, three-phase project, while Johnson/Newhoff and Associates in Grand Rapids is the project’s architect and Wolverine Bank in Midland is providing financing.
The property was purchased last year by Grand Villages, LLC, a partnership formed among Orion executives Gary Postma and John Wheeler and majority investor Alan Hoffman.
The first phase includes a 20-acre site for six multi-unit homes, five for sororities and one for a fraternity.
The homes range in size from about 2,000 to 9,800 square feet, each featuring between 14-17 bedrooms.
The second phase, which will begin in the next few months, will add more student housing to the site.
Leases have already been signed by sororities Sigma Sigma Sigma, Phi Mu, Alpha Sigma Alpha and Delta Zeta for homes in The Grand Village’s second phase.
All three phases are expected to be finished by 2016.
Greek life partners
“The success of this initial phase exemplifies the momentum we’ve created through this partnership with the university organizations,” said Hoffman, the majority partner at Grand Villages, LLC. “The Grand Village offers these student groups an opportunity to create a strong sense of community at GVSU.
“The physical spaces were customized using input from the students in the design phase to make sure these homes enhance their organization’s mission.”
GVSU Student Senate President Andrew Plague said The Grand Village is “just another example of how public-private partnerships continue to help meet the needs of our university community.”
“The project not only meets the needs of our growing Greek community, but also frees up housing and meeting space on our main campus,” Plague said. “I look forward to seeing how this growing off-campus Greek community will enhance our ever-changing community at Grand Valley.”