Grand Rapids is booming with new development and redevelopment projects. The once soot-covered city from decades of coal heating is now a West Michigan metropolis. Currently there are nearly 20 projects under construction worth approximately $584 million, and more than 20 projects proposed or in the planning stages worth approximately $600 million, according to the Grand Rapids Business Journal. To view a complete interactive map of these projects, see here. Below we’ve selected 5 of the most impactful projects to highlight.

1). Studio C

A nine-screen movie theatre is awaiting groundbreaking in the downtown Arena District, but the theatre isn’t the only component set to occupy the space. 616 Development and Loeks Theatres Inc. (aka Celebration! Cinema) are partnering on the $100 million project that will include retail space, apartment units, a piazza and parking ramp. With a significant shortage of downtown parking, the 900-space parking ramp will be beneficial to the city and provide another option for drivers in the area. A study conducted by Downtown Grand Rapids Inc. found that throughout the first 10 years upon completion, Studio C should generate $369 million in economic benefits, not including the cost of construction, short-term construction jobs and income tax receipts.

Studio C rendering 

Studio C rendering 

  • $100 million first phase development; $40 million second phase
  • 38,000 square feet of retail; 20,000 square foot piazza
  • 187 apartment units
  • 900-space parking ramp 

2). Switch SuperNAP Campus

Nevada-based technology firm, Switch, selected the former Steelcase Pyramid as the location for its massive SuperNAP data center. When complete, the $5 billion Michigan SuperNAP will be the largest data center in the Eastern U.S. and will be powered by 100% green energy. The renovation of the Pyramid itself is complete, and construction on one of three additional structures is also complete. The project is expected to be in continuous expansion for at least 10 years, making it a constant source of construction and growing employment.

SuperNAP Pyramid rendering 

SuperNAP Pyramid rendering 

  • $5 billion investment
  • 1.8 million square foot campus
  • Phase 1 completion expected in 2021 

3). Hinman Tower

A parking lot located in the Historic District of Grand Rapids will soon be developed into the city’s tallest building. The proposed 40-story, triangular highrise will include a mix of retail space, hotel rooms and market-rate apartments.  Included in the project will be the renovation of a nearby parking lot, which will be developed into a parking ramp and connected to the tower via skywalk. No date has been set for groundbreaking, nor has the total cost of the project been announced.

Hinman Tower rendering 

Hinman Tower rendering 

  • 40 stories; 418 feet tall
  • Ground floor retail
  • 125 hotel rooms
  • 255 market-rate apartments

4). Michigan State University Grand Rapids Research Center

The site of the former Grand Rapids Press building is now home to the $88.1 million Michigan State University Grand Rapids Research Center. Research for the College of Human Medicine will focus on such topics as Parkinson’s disease, Alzheimer’s disease, autism, cancer, genetics, and women’s health and reproductive medicine. The project is finalizing construction as workers prepare to load in laboratory equipment.

MSU Grand Rapids Research Center

MSU Grand Rapids Research Center

  • $88.1 million development
  • 162,000 square feet
  • Six stories

5). Bridge Street Market

The West end of downtown Grand Rapids is anticipating a new mixed-use development that is set to include a Meijer-affiliated grocery store, although it will not assume the name of the successful Midwest chain. Construction for the “Bridge Street Market” is expected to break ground on June 26th of this year with first phase work scheduled to be completed by fall 2018.

Bridge Street Market rendering 

Bridge Street Market rendering 

  • $55 million development
  • 38,000 square foot grocery store; 56,000 square feet of office space 
  • 116 apartments
  • 64 affordable housing units 
 

For additional insight regarding West Michigan market details, refer to our West Michigan Market Study. Or, refer to our full 2016-2017 Market Study.