2024 Development Report

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Sun Title Property Housing Development 15

Seymour Condominiums

Type: Residential Developer: ICCF Community Homes General Contractor: Wolverine Building Group Investment: $13.6 million Footprint: 27-unit Condo Development Address: 2550 Eastern Avenue SE Timeline: Planned Completion in August 2026 Status: In Planning

Type: Mixed-Use Apartment Developer: Pinnacle Construction Group General Contractor: N/A Investment: N/A Footprint: 2-acre lot to support a 186-unit development Address: 385 and 301 Leonard St. NE Timeline: N/A Status: Pending City Approval Description: Pinnacle Construction Group and Sun Title Agency plan to rezone and develop a vacant, 2-acre parcel to support a five-story mixed-use development with up to 186 new, mixed- income rental housing.

Description: The Seymour Condominiums project will provide 27 units on the former site of Seymour Christian School in Alger Heights. These units are aimed at low-income and mid-market home buyers.

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Talbot Apartment Project 16

Shea Ravines

Type: Mixed-Used Residential Developer: Talbot Development

Type: Residential Developer: Woda Cooper Development and Cherry Health General Contractor: N/A Investment: N/A Footprint: 56 Units Address: 2929 Burlingame Avenue SW, Wyoming Timeline: N/A Status: N/A Description: Shea Ravines will provide 56 units of affordable housing in Wyoming, with 20 units reserved for supportive housing through the Grand Rapids Housing Commission.

General Contractor: N/A Investment: $31 million

Footprint: 117,000 square feet Address: 648 Bridge Street NW Timeline: Project to begin by the end of 2024 and conclude in 2026 Status: In Planning Description: Talbot Development plans to convert the former Duthler’s Family Food store into a 150-unit, five-story, mixed-use development project.

Studio Park Residential Tower 14

Type: Residential Developer: Olsen Loeks Development General Contractor: Rockford Construction Investment: $62 million Footprint: 200 units (212,000 square-feet) Address: 144 Oakes Street Southwest Timeline: Fall 2024 Status: Under Construction

Description: This 16-story residential tower is the second phase of the Studio Parks development. The new tower will include 200 units of apartments and luxury condos above the Studio Park parking garage.

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NEW DEVELOPMENT PROJECTS – DETAILS

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