Real Estate and Small Business & Startups

Firm plans 226-unit suburban apartment complex

November 12, 2019
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HOM Flats at 28 West partial exterior rendering
Courtesy Magnus Capital Partners

A West Michigan native has come home to develop new “workforce housing” in the area.

Magnus Capital Partners, along with the city of Wyoming, Michigan State Housing Development Authority and other local, state and federal representatives, will cut the ribbon on HŌM Flats at 28 West on Nov. 14, according to Magnus yesterday.

The 226-unit apartment community will be in Wyoming at the former Studio 28 movie theater site, at 1401 Prairie Parkway SE. It aims to offer high-end amenities at workforce housing rents.

Vishal Arora, who was born and raised in Zeeland, is the owner of New York City-based Magnus Capital Partners, a development firm with experience in workforce housing across the country.

Arora’s firm intends to replicate the HŌM Flats brand at other West Michigan locations in the future.

Magnus has hired Jenna Morton as director of marketing and business development to oversee the rollout of the HŌM Flats brand.

Magnus Capital Partners is also partnering with various West Michigan firms on the project, including Rohde Construction, Hooker DeJong Architects, Exxel Engineering and American Preferred Management.

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