SUMMARY D evelopers continue to choose Greater Grand Rapids as the place to make their projects a reality. This year has seen progress on several cityscape- level projects including the Acrisure Amphitheater and Grand Rapids Soccer Stadium and numerous other mixed-use and residential projects. The industrial market continues to remain strong with high demand for build-ready sites, while the office and retail markets are showing some signs of renewed activity amid a challenging environment. The residential housing sector continues to face a shortfall of available units across all levels of housing, providing ample demand for development. Overall, Greater Grand Rapids continues to offer a dynamic and opportunity-rich market for development.
Note on the data: Greater Grand Rapids refers to the Grand Rapids-Kentwood metropolitan statistical area (MSA), which includes Kent, Ionia, Montcalm, and Ottawa counties.
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