Study says Grand Rapids' downtown, riverbanks ready for more economic development

The Grand Rapids Press reports that a new study by Grand Rapids' Downtown Development Authority confirms the area is ripe for new development focused on economy, environment and experience.

According to excerpts from the story:

The next wave of large-scale investments downtown might be two to three years away, a lull that presents an opportunity to set the stage to support that investment. That was one of the central conclusions of a plan commissioned by the Downtown Development Authority that is being finalized over the next month. The study, a draft of which was provided to The Press, calls for the creation of retail incubators, a venture fund to support new businesses and other efforts geared toward promoting living, working and shopping downtown.

Read the complete story here.
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