MULTI-FAMILY HOUSING
Developer: Amplify GR Investment: $30 Million Status: Broke ground March 2026 Footprint: 10 acres; 220+ housing units, 60,000 sq ft commercial, parks, and green space Address: 1460 Kalamazoo Avenue SE, Grand Rapids, MI Description: A neighbor-informed, comprehensive redevelopment of 10 acres in the Boston Square neighborhood. The project will bring mixed-income housing, a neighborhood food hall, retail incubator space, and a community center. Boston Square Together NOTABLE PROJECT
Average Monthly Rent
Rents for multi-family housing increased 3%
Trendline
from $1,466 per month in Q1 2025
to $1,511 per month in Q1 2026. Overall,
multi-family rents have experienced solid, sustainable growth over the past three years, reflecting a 7% increase in rents over that time. Rental demand remains strong.
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Source: Colliers
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