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Michigan Strategic Fund Approves $4.75 Million Loan for $25 Million West Side Housing Project in Grand Rapids

Michigan Strategic Fund approves $4.75 million loan to support $25 million housing development on Grand Rapids' West Side, creating 109 new apartments and commercial spaces.

West Michigan State News4 min read3 sources

State Housing Funding Brings New Development to Grand Rapids' West Side

The Michigan Strategic Fund board approved a $4.75 million Michigan Community Revitalization Program loan on March 31 to support a new $25 million housing and commercial development project on the West Side of Grand Rapids.

The development, led by Construction Simplified, will transform the former site of Adobe Mexican Kitchen into 109 studio and one-bedroom apartments along with three commercial suites at 617 Fulton West, located at the intersection of Seward and Fulton Street, just west of Grand Valley State University's Pew Campus.

The project aims to address housing needs in the area while making the corridor more walkable. Construction Simplified's headquarters are located directly across the street from the proposed site.

Project Features

Developers have outlined several amenities for the new building, including:

  • Dog washing station
  • Fitness studio
  • Concierge laundry service
  • Upper outdoor deck spaces with communal outdoor areas
  • Community club room

One of the three commercial spaces is already leased, with plans to revitalize the former restaurant location. The family-owned Adobe Mexican Kitchen has relocated to a new position on Bridge Street.

Community Partnership

The City of Grand Rapids participated in the board meeting and is contributing $3.6 million in incentives, including the Neighborhood Enterprise Zone and Brownfield Tax Increment Financing.

Brent Gibson, president of Construction Simplified, described the project as an opportunity to continue progress on the West Side.

"This sits at the intersection of traveling west out of downtown and north to the soccer stadium," Gibson told the MSF board. "Certainly West Side of Grand Rapids is getting a lot of investment and has over the years with Bridge Street and the now soccer stadium."

Gibson emphasized that the development represents the gateway to West Fulton, which he characterized as an underserved or under-attended corridor that comes directly out of the center of Grand Rapids.

Part of Broader Housing Push

This project joins other recent housing initiatives receiving state support in Grand Rapids and throughout West Michigan. The Michigan Strategic Fund has been actively deploying capital through the Michigan Community Revitalization Program performance-based loans to support housing and economic development projects across the state.

Earlier in March, the fund approved another $4.75 million loan for a different 109-unit housing project in Grand Rapids' Westside neighborhood, located near Grand Valley State University's downtown campus and within walking distance of the Acrisure Amphitheatre and Professional Stadium developments.

In addition to Strategic Fund loans, other state agencies are also supporting housing initiatives. The Michigan State Housing Development Authority (MSHDA) recently approved funding for 490 affordable housing units across the state, with projects in Livonia and elsewhere receiving millions in support.

Addressing Housing Shortage

The development comes at a time when housing affordability remains a critical concern for West Michigan communities. Grand Rapids has seen significant growth in recent years, with population increases putting pressure on available housing stock.

The project represents continued investment in the West Side corridor, which has received attention through Bridge Street development and the soccer stadium. This new development extends that investment further west toward West Fulton Avenue.

No exact construction dates were shared at the board meeting, but the project has received approval to move forward with state support.

Economic Development Strategy

The Michigan Economic Development Corporation (MEDC) supports these initiatives as part of the state's Make It in Michigan economic development strategy. Michele Wildman, SVP of Community Planning and Development Readiness at the MEDC, stated that the projects will add critical housing and residential amenities, contributing to the vibrancy and economic activity in their communities.

The MEDC noted that Michigan has been ranked a top state for opportunity and doing business, and programs like the Michigan Community Revitalization Program help the state build on this progress while addressing local housing needs.

What This Means for West Michigan Residents

For residents of Grand Rapids and surrounding West Michigan communities, this development represents another step in addressing housing availability and affordability. The 109 new apartments will provide housing options for workers and families in the area, while the commercial spaces will support local business development.

The project also aligns with broader state efforts to revitalize neighborhoods and create mixed-use developments that strengthen community infrastructure and economic opportunities.

Construction Simplified, a family-owned development firm, has its headquarters in the area and is positioned to continue investing in local projects. The firm's presence in the community demonstrates the connection between state funding and local development expertise.

The project's location near Grand Valley State University's Pew Campus suggests it may provide housing options for students, faculty, and staff, as well as workers in the growing downtown and professional stadium corridor.

As state agencies continue to deploy funding through programs like the Michigan Community Revitalization Program and MSHDA initiatives, West Michigan communities will see ongoing support for housing and economic development projects that address local needs while contributing to the state's broader economic strategy.

housingGrand RapidsMichigan Strategic FundWest Michiganeconomic development

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