Economic Development, Government, and Real Estate

Suburb buying 13-acre property

September 24, 2018
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Kentwood City Hall
The City of Kentwood was established in 1967. Photo via fb.com

A Grand Rapids suburb has agreed to purchase a vacant 13.23-acre parcel of land with the intention to incorporate the site into its master plan.

The Kentwood City Commission approved a purchase agreement for the property at 4755 Walma Ave. SE for nearly $1.4 million during its Sept. 18 meeting.

The property owner is Coffman Properties, and the parcel has an assessed value of $432,200, according to the Kentwood BS&A Online database.

The parcel, which would connect Crestwood Middle School and the city’s campus, will be included in the city’s effort to establish a community gathering place.

Pending a due-diligence period, the city intends to purchase the property and include it in its master planning process.

“Our community recently celebrated its 50th anniversary, and it is important that we continue to shape our city to meet the needs and expectations of our residents for the next 50 years,” Kentwood Mayor Stephen Kepley said.

“The strategic location of this property will help facilitate the outcomes of our planning efforts and open the door for partnerships with Kentwood Public Schools.”

No redevelopment plans have been announced at press time.

The City of Kentwood has updated its Parks and Recreation Business Plan and is currently master-planning all of its community parks.

The process is being guided by community input gathered through the Plan Our Parks community engagement series. Planning efforts will continue through 2018. 

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