Nonprofit relocating HQ
A nonprofit that creates affordable housing units is planning to relocate its headquarters.
The Inner City Christian Federation, or ICCF, plans to moves it headquarters into 415 Franklin St. SE between late 2020 and spring 2021, according to the nonprofit this week.
ICCF’s current 30,000-square-foot headquarters is at 920 Cherry St. SE.
ICCF plans on retaining ownership of 920 Cherry and will work with Colliers International West Michigan to find an appropriate tenant to fully occupy the historic space.
“This new location will place us next to neighbors who seek our services,” said Ryan VerWys, CEO, ICCF. “Sixty percent of the people who live in our housing are within walking distance of 415 Franklin. Plus, we’re returning to our roots — turning a dilapidated building into a beautiful space for opportunity and impact.”
Built in 1931 and formerly home to Grand Rapids Christian High School and the Kent County Department of Social Services, the three-floor, 74,000-square-foot building will undergo a $19-million complete renovation.
The first floor of the building will include a 10,000-square-foot office space for ICCF, 7,200 square feet for a Madison Church campus, 6,700 square feet for a learning center and 6,100 square feet of shared common space. The 44,000 square feet on the second and third floors will be used for 41 low-income apartments.
Significant historic features throughout the building will be restored and preserved.
Renovations will begin this July.
ICCF is responsible for the building renovation, and Madison Church is responsible for financing its designated portion of the building. A combination of low-income housing tax credits and historic tax credits will contribute $11.5 million to the development.
Grand Rapids-based DeStigter Architecture & Planning is the project’s architect.
The contractor on the project is Grand Rapids-based Rockford Construction.