GRAND RAPIDS, Mich. (WOOD) — The DeVos family has new plans for a former home of Fifth Third Bank in downtown Grand Rapids.
A family spokesperson says RDV Corporation, which serves as the family office, plans to buy and transform 200 Monroe Ave. NW into its headquarters.
The DeVos family foundations and Ottawa Avenue Private Capital, which is affiliated with the DeVos’ also plan to move into the 100,000 square-foot building when renovations are complete.
The structure at 200 Monroe Ave. NW was built in 1967 as part of the Vandenberg Center — a federal urban renewal project that also included Calder Plaza and nearby government buildings. Old Kent Bank owned the building before it was bought by Fifth Third Bank more than a decade ago. CWD Real Estate purchased the property in 2016, along with 111 Lyon Street NW.
Work on 200 Monroe Ave. NW is expected to begin this winter. The 21/2-year project includes adding a new entrance onto Monroe Avenue, removing the concrete fascade and stripping tint from its windows.
Crews will also extend the building slightly to the south and move the heating and cooling system to allow for more office space to be built atop the building.