2023 Development Report

APPENDIX

Downtown Development Projects – Details

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Perrigo North American Headquarters

Corewell Health Center for Transformation & Innovation

Type: Healthcare/Office Developer: Corewell Health General Contractor: Rockford Construction Co. Inc. Investment: $100 million

Type: Office Developer: Rockford Construction Co. Inc. General Contractor: Rockford Construction Co. Inc. Investment: $44.8 million Footprint: N/A Address: 430 Monroe Ave NW Timeline: N/A Status: Completed June 2021

Footprint: 160,000 square foot office complex over a 4.8-acre- site including two parking structures and additional surface lot. Address: 760 Monroe Ave NW Timeline: Summer 2023 Status: Under Construction Description: Corewell Health is building a new headquarters to house approximately 12,000 administration staff, as well as a training and learning center. The new facility will connect with the adjacent Brass Works building.

Description: Perrigo’s headquarters occupies the top three floors of a 10-story building adjacent to Michigan State University’s Grand Rapids Research Center, and the newly constructed Doug Meijer Medical Innovation Building.

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RDV Development

MSU Innovation Park

Type: Office Developer: RDV Corporation General Contractor: Rockford Construction Co. Inc. Investment: $73 million Footprint: 100,000 square feet Address: 200 Monroe Avenue NW Timeline: N/A Status: Completed Spring 2021 Description: The new building houses the headquarters of RDV Corp., Ottawa Avenue Private Capital, and the DeVos Family Foundation.

Type: Healthcare Developer: Rockford Construction Co. Inc. General Contractor: MB Real Estate, Walsh Construction, Rockford Construction Co. Inc. Investment: $83 million Footprint: 425,800-square-feet on a 2.5-acre campus Address: Monroe Ave NW Timeline: N/A Status: Completed August 2022 Description: Located along the Medical Mile in Grand Rapids, the MSU Innovation Park contains three buildings including the Doug Meijer Medical Innovation Building (200,000 square feet), the MSU Grand Rapids Research Center (162,800 square feet), and the 10-story building that includes the corporate headquarters of Perrigo (63,000 square feet).

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GVSU Daniel and Pamella DeVos Center for Interprofessional Health

Type: Healthcare Higher Education Developer: Grand Valley State University General Contractor: Pioneer Construction Investment: $70 million Footprint: 166,00 square feet Address: 333 Michigan Street NE Timeline: N/A Status: Completed 2Q21 Description: A five-story development which houses Grand Valley State University’s Kirkhof College of Nursing.

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APPENDIX

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