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Firm plans urban housing project
A real estate investment firm plans to convert an office building in town into a mixed-use property.
Chad Barton, managing member of Cherry Street Capital, submitted a request for special land use to the City of Grand Rapids to convert the three-story office building at 11 Fuller Ave. SE into a building with both office and residential uses.
The proposed renovation would convert the top tow floors for residential units, while the first floor would remain office space.
Barton requests flexibility to reduce the amount of office space on the lower level in the future, according to documents submitted to the city. The development would create up to 14 residential units.
The first floor would deliver either 3,550 square feet of office space or 1,020 square feet of office space and four residential units.
The office space would be marketed to an occupant seeking a “general office” space, similar to the building’s current use.
The proposed residential units include 336 to 390-square-foot studios, 465 to 656-square-foot one-bedroom units and 805 to 888-square-foot two-bedroom units.
Other than modification to the interior and façade, no additional construction is planned for the building.
The site plan includes the addition of greenspace on the east side of the property, with the removal of several parking spaces along Fulton.
The request is scheduled to go before the Grand Rapids Planning Commission on March 8.