Mosaic Properties, with a portfolio that includes the rapidly growing "new urbanist"
Celadon neighborhood near Knapp Street and Leffingwell Avenue in Grand Rapids, received preliminary approval from the East Grand Rapids Planning Commission on December 2nd to build a new mixed-use development in East Grand Rapids near Gaslight Village.
The project, the first of its kind in East Grand Rapids, will include twelve residential units, 2000 square feet of office space, and 1200 square feet of ground floor retail. Ten of the residential units will be three-story townhouse units surrounding a courtyard with enclosed parking facing the rear of the buildings. The project will also feature a 2000-square-foot penthouse with an elevator and a three-story live-work unit.
Mosaic currently owns the four homes on Croswell Avenue just South of Gaslight Village, which will be removed to make way for the development. The property backs up to a townhouse project that was completed last year on Bagley Avenue.
As property becomes more and more scarce in this highly sought after community, builders and developers are getting more creative and pushing for more dense, urban-style projects. Several of the Planning Commisioners raised concerns about parking and the density of the project, but eventually gave approval to move forward to the site plan review process in early 2014.
Writer: Jeff Hill, Publisher
Images courtesy of Mosaic Properties
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