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Office-To-Apartment Conversions In Major Cities Quadruple In 4 Years

Posted By: BISNOW on January 22, 2024.  For more information, please click here to read the source article. The number of apartment spaces being created in office buildings across major cities this year has risen to over 55,000, four times higher than the 12,100 under conversion in 2021, according to a new report. The 55,339 office-to-apartment makeovers scheduled for this year mark […]

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Apartment developers push ahead despite high interest rates, costs in Metro Detroit

Posted By: The Detroit News on October 10, 2023.  For more information, please click here to read the source article.   As housing costs and demand continue to rise, developers are undertaking apartment projects in Metro Detroit, even in the face of high interest rates and growing construction costs. Among them are Marquette Companies, which recently renovated and […]

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Construction to begin soon on $16.4M Grand Rapids apartment, commercial building

Posted By: mlive on August 23, 2023.  For more information, please click here to read the source article. Construction is expected to start within 30 days on a two-building apartment development at the corner of Wealthy Street SE and Sheldon Avenue SE containing 58 market-rate units and ground-floor commercial space.  The development, being led by W&S Development Partners and […]

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Developer releases details of apartment complex on old Joe Louis Arena site

Posted By: The Detroit News on April 26, 2023.  For more information, please click here to read the source article. Sterling Group, developer of the high-rise apartment complex that’s taking shape on the site of the former Joe Louis Arena, released new details about the project Wednesday as it prepares to begin pre-leasing this summer. The Residences at […]

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Farmington Hills moves forward with four-story luxury apartment complex proposal

Posted By: Hometown Life on April 13, 2023.  For more information, please click here to read the source article. City officials recently took another step toward approving a proposed $30 million luxury apartment complex along Northwestern Highway. City council voted 5-1 Monday to approve a planned unit development for a four-story apartment community at 32680 Northwestern Highway, near […]

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What’s being built near Celebration Cinema North? Several buildings are planned and one’s got coffee

Posted By: mlive on April 5, 2023.  For more information, please click here to read the source article. The area near Celebration Cinema North is full of construction equipment and fences for multiple large projects. A hotel, Starbucks and other developments are in the works there. Construction hasn’t yet begun on a new 250-unit apartment building planned near Celebration Cinema […]

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10-story downtown GR development would include 432 apartments, food hall, retail

Posted By: mlive on October 10, 2022.  For more information, please click here to read the source article.   A Chicago-based developer plans a 10-story building along Division Avenue in downtown Grand Rapids that would include more than 400 apartment units, retail and restaurant space. Jon Morgan, co-founder and principal of Chicago-based Interra Realty, is the developer for the […]

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Developers, officials celebrate Midtown Detroit apartment-retail complex

Posted By: The Detroit News on September 28, 2022.  For more information, please click here to read the source article.   A decade ago, developers set out with plans to construct an office building on the corner of Woodward and Stinson in Midtown. After they scrapped those plans and pivoted to residential, Woodward West welcomed its first tenants […]

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Pinnacle Construction plans $13M historic renovation for riverside apartment, office development

Pinnacle Construction Group Inc. plans to renovate historic buildings next to its Grand Rapids headquarters along the Grand River to create a 12-unit affordable apartment building with office space. The approximately $13 million project at 974 Front Ave. NW on the west side of the Grand River would be LEED-certified with apartment units that achieve 60 […]

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