Firm building $18M apartment complex
Site work has begun on a new 132-unit apartment complex in town.
Oxford Place Apartments in Grand Rapids, at 2141 Eastcastle Dr. SE, is getting an extension with The Reserve at Oxford, an $18-million project being developed by Royal Oak-based Peak Management.
The five-building project encompasses a mix of one- and two-bedroom layouts. The one-bedroom units will be about 835 square feet, and two-bedroom units will come in 1,035- and 1,235-square-foot layouts.
Amenities include garage parking, a full-size washer and dryer, modern fixtures and cabinetry, quartz countertops and a patio or balcony.
Tenants will also have access to Oxford’s clubhouse, which includes an outdoor pool and 24-hour fitness center.
Grand Rapids-based CD Barnes Construction is the general contractor on the project.
The team plans to finish the apartment complex in fall 2019.