GRAND RAPIDS, Mich. (WOOD) - Plans are moving forward on the Arena South project in downtown Grand Rapids.
The Arena South project would transform the area behind Van Andel Arena and the Grand Rapids skyline. The plan would invest between $350 million and $675 million to redevelop between 1.6 million and 2.8 million square feet of land for residential, commercial and retail use. It would generate tens of millions of dollars in leasing, sales and tax revenue, the Downtown Development Authority says.
The DDA reviewed the full plan for the project at their Wednesday morning meeting morning.
Among the developments is a possible movie theater. Celebration Cinema is looking at purchasing the land across the street from Peppino's, the DDA says.
"There's a lot of interest in development in that area. It's a great place in our downtown and it's only going to get better through development and investment," said Kris Larson of the DDA.
Larson said connecting Arena South with the Downtown Market is a high priority. The DDA is looking at ways to improve the walking experience between the two areas.
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