City Commission clears path for 300 new downtown condos
Tall House downtown and the Boardwalk in Monroe North gain key deadline extensions and tax breaks, respectively.
Tall House downtown and the Boardwalk in Monroe North gain key deadline extensions and tax breaks, respectively.
Excerpts from the story:
City commissioners amended two development agreements last week that will allow two property transactions to add 300 condominiums to the downtown housing stock
Tall House is investing $27 million into the project, which will feature 70 condominiums along with 15,000 square feet of retail space and 25,000 square feet for offices. “Pre-sales are going well,” said Mary Witte, a partner with George Haworth in the project.
Parkland Properties, headed by Jonathan Rooks, plans to turn the 230 apartments in the [Boardwalk] building into condominiums and make $2 million worth of investments in it. The building’s commercial spaces would remain as leased space.
DDA Executive Director Jay Fowler told commissioners that condos in The Boardwalk would start at $69,000, possibly the lowest sales price in downtown, and would go as high as $199,000.
Click here for the full story:
Author
Related Articles
#RG20LookBack: Standing Rock and learning to listen to the land…and each other
In his 33rd #RG20LookBack column marking Rapid Growth’s 20th anniversary, publisher Tommy Allen connects lessons from Standing Rock with a reopened Grand Rapids exhibition, reminding readers that Indigenous history remains in the present tense.
Shark Tank stars kick off Tech Week Grand Rapids
Daymond John and Robert Herjavec open a week that celebrates innovation, entrepreneurship, and West Michigan’s growing technology community.
Trinity Health and Michigan community groups will make fresh, local food a Medicaid benefit
A new Trinity Health initiative will allow people in the Ann Arbor, Detroit, and Grand Rapids areas to access fresh, affordable produce from local organizations through their Medicaid health plans.
