2023 Development Report

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Bold Advanced Medical Future Health (BAMF) Headquarters 12

Leonard & Front

Type: Housing Developer: West Leonard Development LLC General Contractor: N/A Investment: TBD

Type: Healthcare Developer: N/A

General Contractor: N/A Investment: $30 million

Footprint: 181,930 square feet Address: 260 Leonard St NW Timeline: TBD Status: In Planning

Footprint: 60,000 square feet of the Doug Meijer Medical Innovation Building as part of the MSU Innovation Park Address: 400 Monroe Ave NW Timeline: N/A Status: Completed August 2022 Description: BAMF Health established its Grand Rapids Headquarters in August 2022 after receiving more than $30 million in investment. The company specializes in advanced imaging technology used to spot and treat cancer. BAMF Health was launched by Anthony Chang, a former Van Andel Institute researcher.

Description: The Leonard & Front development project will include a 10-story, mixed use project containing 140 residential units and two commercial suites on the ground floor. The residential space will include 77 studio units, 56 one-bedroom units and seven two-bedroom units. Plans include offering a community fitness center, business center, roof-top terrace, pet washing room, electric vehicle charging station, and other amenities.

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Wealthy & Sheldon Lofts

Rockford Development on Alabama

Type: Housing, Mixed Use Developer: Cella Building Company General Contractor: Cella Building Company Investment: $17.5 million

Type: Housing Developer: Rockford Construction Co. General Contractor: Rockford Construction Co. Investment: $25 million - $30 million Footprint: N/A Address: 501 and 516 Alabama Ave NW Timeline: TBD Status: In Planning

Footprint: 50,000 square feet Address: 415 Sheldon Blvd SE Timeline: TBD Status: In Planning

Description: The developers plan to build two new five-story buildings on a vacant lot on the corner of Sheldon Avenue and Wealthy Street. The project would include 57 new apartments split between the two buildings, including a residential common area and 1,800 square-feet of commercial space.

Description: This seven-story development would include 245 residential units and a 310- space parking deck in a U-shaped design. The original site held 13 single-family homes built in the early 1900s that became dilapidated and were eventually demolished. The ground floor will hold 29 of the units, a lobby, leasing office, fitness room, and residential lounge.

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Factory Yards

Type: Multi-Family, Retail, Commercial Office Developer: Factory Yards Development, LLC General Contractor: Investment: $150 million Footprint: 650,000 square feet Address: 655 Godfrey Ave Timeline: Completion in 2026 Status: In Planning

Description: Factory Yards is a mixed-use 15+ acre development including 450+ residences, commercial space, unique restaurants, art installations, and community gathering areas.

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APPENDIX

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