2024 Development Report

Type: Residential Developer: 60th Street Ventures LLC General Contractor: Orion Construction Investment: N/A Footprint: 274 units on a 40-acre parcel Address: 1184 60th Street SE, Gaines Township Timeline: Mid-2025 (phase one) Status: Under Construction Eden Forest Townhomes 7

Type: Mixed-Use Residential Developer: First Companies General Contractor: N/A Investment: N/A Footprint: N/A Address: 1329 and 1359 Plainfield Avenue NE Timeline: Completed Status: In Planning Description: This mixed-use development contains a market-rate mixture of studios, one- and two-bedroom apartments. Lofts on Grove 10

Description: Orion Construction is currently building the first phase of what will become a 274-unit (mixed rental and for-sale housing) residential development in Gaines Township. The first phase of the project will include 152 rental townhomes.

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Rose Hotel

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Fifth Third Building Residential Redevelopment

Type: Hotel Developer: Wheeler Development Group

Type: Residential Developer: CWD Real Estate Investment LLC General Contractor: N/A Investment: $31.7 million Footprint: 140 units (95,025 square-feet) Address: 111 Lyon Street NW Timeline: Late 2026 Status: Pending City Approval

General Contractor: N/A Investment: $14 million Footprint: 40,000 square feet

Address: 12 S. Main Street, Rockford Timeline: June 2025 Targeted Opening Status: Secured funding. Groundbreaking pending.

Description: This three-story hotel will provide 54 guest rooms, a hotel-managed restaurant and bar, and retail space for lease located in downtown Rockford.

Description: CWD Real Estate plans to renovate the upper seven floors of the Fifth Third building from office/commercial to 140 new residential units.

Grand Rapids Soccer Stadium 9

Type: Commercial Developer: Grand Action 2.0 General Contractor: N/A Investment: $108 million (initial investment) Footprint: 7.25 acres plus Address: Near YMCA and U.S. 131 Timeline: Breaking ground planned in 2024 Status: In Planning

Description: Grand Action 2.0 is planning a 8,500-seat soccer stadium near the YMCA and U.S. 131 in downtown Grand Rapids. The site will also include 260 residential housing units

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NEW DEVELOPMENT PROJECTS – DETAILS

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