2024 Development Report

NEW DEVELOPMENT PROJECTS – DETAILS

Type: Commercial Developer: Grand Action 2.0 General Contractor: Pioneer Construction & Barton Malow Investment: $184 million Footprint: 12-acre site Address: 201 Market Avenue SW Timeline: 2026 Status: Breaking ground as of Spring 2024 Description: When complete, the Acrisure Amphitheater will hold 12,000 people. The project will also include 475 residen- tial units. Acrisure Amphitheater 1

Bridge Business Center 4

Type: Industrial Developer: Vision Real Estate General Contractor: N/A Investment: N/A Footprint: 126,000 square feet Address: 9765 Division Avenue SW, Byron Center Timeline: N/A Status: Under Construction Description: Speculative industrial building currently under construction in Byron Center by Vision Real Estate.

Corewell Health Service Center 5

Type: Boutique Hotel Developer: Brad Veneklase General Contractor: Kozak Construction Investment: $1.3 million Footprint: 3,600 square feet The BlueJay Hotel 2

Type: Commercial Developer: Corewell Health General Contractor: Pioneer Construction Investment: $80 million Footprint: 295,515 square-foot building on a 40-acre parcel Address: 300 36th Street, Wyoming (Site 36) Timeline: N/A Status: Approval Pending Description: Corewell Health plans to invest $80 million in a new service center at the site of a former General Motors manufacturing plant. Corewell Health acquired a 40-acre parcel of the site where it plans to build the nearly 300,000 square-foot facility.

Address: 644 Bridge Street NW Timeline: Opened in January 2024 Status: Complete Description: A boutique, five-room hotel completed in early 2024 on Grand Rapids’ West Side.

Booking.com Office 3

The Current 6

Type: Commercial Renovation Developer: N/A General Contractor: Carbon Six Construction Investment: $450,000 Footprint: 5,479 square feet Address: 99 Monroe Avenue NW Timeline: Summer 2024 Status: Under Construction

Type: Mixed-Use Residential Developer: Talbot Development General Contractor: Pinnacle Construction Group Investment: $1.5 million

Footprint: 45,000 square feet Address: 220 Quimby Street NE Timeline: N/A Status: Under Construction

Description: Booking.com leased half of the fifth floor of the 12-story office building located at 99 Monroe Avenue NW and is remodeling the space.

Description: The Current is a four-story mixed-use residential project in the Creston neighborhood. The property is expected to include 49 studio units, 20 one-bedroom units, and three two-bedroom units as well as a 1,100-square-foot café and 9,337-square-foot common area.

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NEW DEVELOPMENT PROJECTS – DETAILS

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