Influx of med students expected to boost GR economy

Housing, entertainment, banking, and retail are just some of the industries expecting to reap the benefits of some 400 medical school students who will relocate to Grand Rapids each year to attend the MSU College of Human Medicine. Clinical researchers, hundreds of new healthcare jobs, and med school instructors, many with families in tow, are expected to spur economic development far into the future.

According to excerpts from the story:

As the future home of Michigan State University's College of Human Medicine begins rising in Grand Rapids, Kelley Mattice sees a perfect match for her business.

She's the property manager for Grubb & Ellis|Paramount Commerce who represents Hopson Flats in downtown, which provides housing for college students - including, Mattice hopes, the 50 MSU medical students who begin taking classes in Grand Rapids this fall.

By 2010, up to 400 medical students will take classes annually in Grand Rapids - and each of them, as well as faculty, will need a place to live, eat, shop, entertain themselves and do their banking.

Read the complete story here.

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