Posted Sep 20, 2024, 6:56 PM
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Detroiter4life
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Join Date: Jul 2001
Location: Back home in Georgia!
Posts: 4,131
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This will be huge! The Grand Rapids will be totally changed by 2030.
DeVos, Van Andel families plan massive ‘skyline defining’ project in Grand Rapids
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A roughly seven-acre, riverfront parking lot in the heart of downtown Grand Rapids could be transformed into a vibrant, mixed-use development with three high-rise towers containing up to 671 high-end apartments and condos, a hotel, office tower and retail.
The vision is being proposed by Fulmar Property Holdings, a company comprised of members of the DeVos and Van Andel families. The families own the 500-space parking lot at the corner of Fulton Street and Market Avenue, just north of Acrisure Amphitheater, where the project would be built. Supporters call it a “skyline defining project.”
It would activate an underused stretch of prime riverfront property, create access to the waterway through a pedestrian walkway, and provide a gateway to the 12,000-person amphitheater that’s catalyzing development on the southern edge of downtown.
It would also bring lots of new housing downtown, though the apartments and condos are market-rate and expected to be pricy. “There’s been lots of discussion about what it could be,” Brad Thomas, president and CEO of Progressive Companies, said of the 500-space parking lot. “Frankly, this is everything we hoped our imagined it could be.”
Progressive Companies, a Grand Rapids-based design firm, is leading the project in partnership with Fulmar Property Holdings and Michigan Growth Advisors. Michigan Growth Advisors is an economic development incentive consulting firm that’s a subsidiary of the Miller Johnson law firm.
In addition to the housing, office and hotel uses, the project would include up to 2,500 parking spaces.
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https://www.mlive.com/news/grand-rap...nd-rapids.html
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