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Waterfront penthouses, yacht storage and brewery opening on Muskegon Lake this summer

Posted By: mlive on February 10, 2024.  For more information, please click here to read the source article.

The $250 million Adelaide Pointe, a mixed-use development and marina planned for the Muskegon Lake waterfront, is gearing up for a huge summer.  Developers Ryan and Emily Leetsma are transforming the previous industrial site into a tourist destination.  Plans started rolling in 2022 for the proposed hotel, luxury condos, marina, restaurants, bar, event center, bike trails and fishing pier.

Now five major components are on track to open this summer.

1. Marina

Adelaide Pointe will offer both wet and dry slips for boaters. The new marina will have 161 slips available, 40 of which will be transient slips to encourage tourists coming for shorter stays.

The wet slip marina is built for vessels between 40 and 180 feet in length. Every slip has access to 30, 50 or 100 amps of electricity, EV charging, municipal water and IPV6 wireless internet, according to Adelaide Pointe’s website. Reservations for wet slips range from $2 to $7,700 depending on the length of the boat, according to the website.

Additionally, all wet marina customers have access to a dedicated Captain’s lounge, Dockmaster’s office, ship’s store and a 25-yard lap pool. Private restrooms, showers and laundry are also being built to accommodate boaters.  The 258 dry slip reservations range from $1,700 to $3,570 depending on size.

The building can accommodate vessels up to 40 feet in length in a fire protected bunk stacked inside a building protected by 24-hour daily monitoring. Captains can use an app to schedule their vessel to be placed in the water. The marina and all its amenities are set to open May 1 until Oct. 31.

2. Luxury Condos

Those taking up residency at Adelaide Pointe will see sweeping, unobstructed views of Muskegon Lake from the moment they walk through the door.

The 45 condos are designed facing the lake with living spaces and balconies along the water’s edge. Condo square footage ranges from 1,484 to 1,726 square feet based on a two or three-bedroom floor plan. Prices range from $699,000 to $949,000.

Five penthouse suites will wrap around the north side of the building, which faces the water. The top floor will be 60 feet above the water.

Approximately 3,200-square-foot penthouses will have five bedrooms, four bathrooms and a gathering area twice the size of the standard condos. The starting price is $2 million. Three penthouses have already been sold.

The six-story condo building will be the first mass timber housing structure in Michigan, Leetsma said. Mass timber is a type of bonded wood that can replace concrete and steel – hailed as a more sustainable construction material with less of an impact on the climate.

The condos have garnered interest from both Michiganders and out-of-state visitors, Leetsma said. Approximately half of the condos have been claimed with down payments, he said.

The condos are expected to be move-in ready in July.

3. Brewery and event space

Part of the Leetsma’s vision is to make Muskegon Lake a destination for all types of events. Under the umbrella of Emily Leestma’s IBEX hospitality company, a new mixed-use building will host a brewery and event space.

Events are already scheduled for fishing tournaments, powerboat events, class reunions and weddings this summer, said marketing manager Aubrey Glick. In the spirit of reviving Muskegon, the Leestmas are resurrecting The Muskegon Brewing Co. The brewery operated from 1877 to 1957 and was located on Brewery Hill. It was one of two U.S. locations that bottled Guinness Beer, according to Muskegon Heritage Museum of Business and Industry.

With the help of Pigeon Hill brewers, specialty beers will be on tap at Muskegon Brewing Co. this summer. The four-story building will be home to a yacht brokerage, Muskegon Brewing Co., Adelaide Events and executive offices.

4. Man caves and she sheds

Private and shared storage options are also available at Adelaide Pointe. The 20 private storage units started garnering public interest when Ryan Leetsma marketed them as “man caves” and “she sheds.”

The private storage options come in two different sizes: 24 by 90 and 36 by 90 feet. Space that could be used to both store and work on boats, cars, and businesses — all of the above currently happening. As of February, 17 of the 20 are booked. A range of tenants are using the space to store classic cars or run small businesses, Glick said.

Each unit is outfitted with utilities. Pricing varies by square footage and lease length. Shared storage is also available.

The storage building can accommodate vessels up to 40 feet in a fire protected bunk stacked inside a building protected by 24-hour daily monitoring. Captains can use an app to schedule their vessel to be placed in the water, according to the website.

5. Public access and fishing pier

Cleaning up Muskegon Lake’s long history of industrial pollution took 35 years and tens of millions of dollars. Now that the lake is clean, the Leetsmas are working with the city to keep public access a priority. Adelaide Pointe is installing a double reinforced dock for a fishing pier, as well as maintaining clean and sandy areas.

The Muskegon City Commission unanimously approved a “cooperative use” agreement that allows public access on the two peninsulas of Adelaide Pointe. This allows Leetsma access to a third, city-owned peninsula to the east where he is planning shoreline restoration and other improvements. The developers and the city are working together to create parks and bike trails throughout, as well.

“All of our waterfront is available to the public. So even if you don’t have a boat, and you can’t afford a condo, there’s something for you here as well,” Ryan Leetsma said in an August MLive interview.