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  #261  
Old Posted Oct 10, 2017, 11:51 PM
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The last reported news article on Grand Rapids's new tallest (aka 10 Ionia) had said construction was possibly more than a year away at the time which was November of 2016.

The whole thing has been approved and the design finalized (though whether or not it's different than what has been shown so far is unknown), but it seemed implied that possibly financing is what would hold the project back. Otherwise no reason has been directly stated on why the project is taking so long.
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  #262  
Old Posted Oct 14, 2017, 3:12 PM
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1. Cornerstone just broke ground on a new academic building geared towards STEM:

Quote:
College building $15.5M STEM center
Justin Dawes | GRBJ
October 10, 2017

A local college is building a $15.5-million center to advance its STEM programs. Cornerstone University will break ground tomorrow on its 29,000-square-foot Center of Science in Technology, with plans to finish construction in time for the start of classes for the 2019 spring semester. The three-story building will be located on the main campus in Grand Rapids, at 1001 E. Beltline Ave. NE, just north of the Hansen Athletic Center. The school said all the money for the project was raised from private donations... 
2. Zimmer Development Co. has broken ground on 'The Alpine' a new student apartment complex, next to GVSU. The same developer recently finished a $22-million student housing project on the same site this summer. That development, called 'The Lodge', is a192-unit apartment complex.

Quote:
Firm building $20M student housing complex
Ehren Wynder | GRBJ
October 12, 2017

A new $20-million student housing complex is underway in the area. Wilmington, North Carolina-based Zimmer Development Company has broken ground on The Alpine in Allendale, next to Grand Valley State University, according to Orion Construction yesterday.  The project, located at 10452 Lodge Dr., will consist of nine three-story buildings with a total of 108 units and 432 beds. The project is slated for completion before the 2018 summer semester and is leasing for next fall. Raleigh, North Carolina-based Planworx Architecture is the project's architect. Grand Rapids-based Orion Construction is the project's contractor...

Last edited by deja vu; Oct 25, 2017 at 1:51 PM.
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  #263  
Old Posted Oct 25, 2017, 1:46 PM
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Update on the former Steelcase Pyramid:

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Data center operator Switch to pay $25 million for Pyramid campus south of Grand Rapids
Nick Manes | MiBiz
Sunday, 22 October 2017

GAINES TOWNSHIP — Technology firm Switch Inc. plans to buy the 700,000-square-foot Pyramid campus that’s home to its data center in southern Kent County, MiBiz has learned. The Las Vegas-based Switch (NYSE: SWCH) detailed the acquisition plans in its Initial Public Offering (IPO) filings with federal regulators. Through a spokesperson, Switch executives confirmed the company’s intent to buy the property but declined further comment. The company, which does business with tech giants Google, Amazon and eBay, opened the West Michigan data center to serve clients on the East Coast. According to the IPO filings, the company in late 2016 notified landlord Norman Pyramid LLC “of its intent to exercise the purchase option pursuant to the lease agreement.” Switch will pay a purchase price of $25 million, less 65 percent of all rent payments to Norman Pyramid. The deal is expected to close on Jan. 1, 2018, according to the IPO documents...
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  #264  
Old Posted Nov 7, 2017, 6:59 PM
mattshoe mattshoe is offline
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Tower crane going up today at 150 Ottawa Ave. NW.
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  #265  
Old Posted Dec 7, 2017, 3:55 AM
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From a few days ago now...

Quote:
Tax credits approved for downtown GR movie theater project
By Joe LaFurgey | WoodTV 8
November 28, 2017

...Grand Rapids City Commissioners approved $29 million in tax credits for a proposed $100 million downtown development Tuesday. The Brownfield Tax Credits will be spread out over the next 30 years. The Studio C project will include a nine-screen movie theater, residential and hotel complex south of Van Andel Arena. It is expected to create as many as 500 full- and part-time jobs...Construction is set to begin early next year.
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  #266  
Old Posted Dec 11, 2017, 12:42 AM
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May be a new parking structure in downtown GR's future...

Quote:
Resolution calls on GR city commissioners to consider new downtown parking structure
By Nick Manes | MiBiz
December 8, 2017

GRAND RAPIDS — Elected officials in Grand Rapids likely will consider developing and building a new parking structure in the city’s central business district. First Ward City Commissioner Dave Shaffer on Friday morning introduced a resolution instructing city officials to begin analyzing adding to the parking supply in downtown Grand Rapids...

...Discussions are still preliminary. However, the surface parking lot along Ransom Avenue between Fountain and Library Streets and adjacent to the downtown branch of the Grand Rapids Public Library stands as one possible location for a new structured parking deck, according to a city document outlining a variety of possible capital projects. A parking ramp of up to 360 spaces could be built on the site for a cost of between $12.25 million and $15 million with financing coming from either a sale of public bonds or a public-private partnership that could tap into brownfield financing, according to the document. Annual maintenance on the ramp would cost between $820,000 and $1 million. Another $3 million-$4 million could be spent for “green roof” elements...
Concept rendering of the parking deck, on Ransom Avenue, betweem Fountain and Library Streets (east of the downtown library branch):

Image Source: MiBiz
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