2023 Development Report

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Ada Hotel 21

Rivertown Commons

Community: City of Grandville Type: Multi-Family, Mixed-Use Developer: Trilogy Real Estate Group General Contractor: CD Barnes Construction Investment: DND Footprint: Approx. 30 Acres Address: 4612 Ivanrest Ave. SW Timeline: Mid-2024 Status: Under Construction

Community: Ada Township Type: Hotel Developer: CDV5 Properties General Contractor: First Companies

Investment: Undisclosed Footprint: 37,000 sq. ft. Address: 7415 River St Timeline: Completion by 2024 Status: In Preconstruction

Description: A 408-unit apartment community is being developed in Grandville. The development will consist of 12 three-story apartment buildings with one-, two- and three-bedroom floorplans featuring modern finishes and smart home technology. The community also will have a centralized clubhouse and various amenities, including a pool, sundeck, pet wash station, fitness center, yoga studio, grilling pavilion, outdoor fire pits, game room and a work-from-home studio.

Description: A 36-room hotel in downtown Ada Village. The project will offer two onsite restaurants: the Post Tavern, a 110-seat family friendly pub located on the first floor, and The Rix restaurant, a 130- seat restaurant on the third floor with a terrace for outdoor seating.

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Unismack S.A. (SnackCraft)

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Community: Kentwood Type: Industrial Food Processing Developer: ThirdCoast Development

Tecnoform USA

General Contractor: DND Investment: $41.7 million Footprint: 122,000 sq. ft. Address: 4444 52nd St. SE Timeline: October 2022 Status: In Production

Community: Cascade Charter Township Type: Industrial Developer: DND

General Contractor: DND Investment: $7.3 million Footprint: 172,000 sq. ft. Address: 4999 36th St. SE Timeline: Mid-2023 Status: Under Construction

Description: Unismack S.A., will build its first U.S. headquarters, innovation center, and manufacturing facility in Kentwood, MI. The U.S. business will operate under the name SnackCraft. The project involves a $41.7 million capital investment over the next five years and will bring 185 new jobs to the area.

Description: An Italian recreational vehicle furnishing manufacturer, Tecnoform USA plans to open its headquarters in Cascade Township. The new headquarters represents a $7.3 million investment from the Italian company and expects to create up to 130 jobs.

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1772 Post

Community: Plainfield Charter Township Type: Multi-Family, Mixed-Use Developer: Brandon Visser and Dan Uccello General Contractor: TBD Investment: DND

Footprint: Approx. 3 Acres Address: 1303 Post Drive

Timeline: TBD Status: Design

Description: Early plans call for a two-story, mixed-use building, and a separate three-story residential building. The mixed-use building would have 3,600 square feet of retail and 3,600 square feet of restaurant space on the ground floor, and six multifamily units on the second floor. The residential building would be situated behind the mixed-use building and contain 12 two-bedroom apartments. The site plan leaves room to develop other amenities through landscaping, such as a dog park or community gardens.

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APPENDIX

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