Real Estate and Retail

Developer plans shopping center

January 18, 2017
| By Pat Evans |
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shopping center partial rendering 4076 Alpine Ave. NW Comstock Park
Courtesy Colliers West Michigan

A new shopping center could be on its way to one of the busiest retail corridors in the area.

An unnamed local developer is in the process of buying land in Alpine Township, at 4076 Alpine Ave. NW, and begins the approval process with the township tomorrow, according to Mark Ansara, associate VP of Colliers West Michigan.

Colliers is representing both the buyer and an unnamed seller.

The proposed development has three buildings totaling 15,476 square feet.

The cost of the development was not disclosed.

Ansara said the retail corridor on Alpine Avenue is tight, and there’s a need for the space, as regional and national retailers desire to be in the area.

One building would be a free-standing, 3,476-square-foot restaurant with a drive-thru, and Ansara said Colliers has a letter of intent signed with a prospective tenant.

A 3,500-square-foot, free-standing building with a rear drive-thru would likely be leased to a bank or credit union, Ansara said.

The final 8,500-square-foot strip would have five suites, with spaces ranging from 1,500 square feet to 5,500 square feet. The north end cap of the strip would also have a drive-thru.

“This just went online, and we’ve got great activity,” Ansara said.

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