GRAND RAPIDS, Mich. (WOOD) — A developer is looking to build a 24-story building in downtown Grand Rapids across from Van Andel Arena.
Wheeler Development Group wants to construct a mixed-use building on the site of what is now a city-owned parking lot off Ottawa Avenue at Fulton Street.
It would contain more than 100 apartments, several condos, a parking garage, along with retail and office space. Of the apartments, up to 20% would be priced for households making below the area’s median income according to a plan provided to the City Commission.
>>PDF: Proposal and renderings
Developers will ask the City Commission to approve the project next week.
Buying the plot of land would cost the developer about $2 million and construction would cost $55 million. If the project is approved, construction could start this fall and take a little more than two years.