Business

Patrick Center / WGVU

Michigan State University officially opened its $88 million Grand Rapids Research with a ribbon cutting.

“One, two, three…”

Lead by Michigan State University President Lou Anna Simon, a giant green ribbon was cut opening the Medical School’s six-story, nearly 163,000-square-foot Grand Rapids Research Center.

“Imagine people who are thinking about things that we can’t yet imagine. Ideas that may work, they may not. But they’re all about trying to improve the quality of life.”

Downtown Grand Rapids
Wikimedia.org

The Grand Rapids organization responsible for the development of Van Andel Arena, DeVos Place Convention Center, Downtown Market and the renovation and expansion of the Civic Theatre’s Meijer Majestic Theatre, just to name a few, is putting its mission on hold.

Pixabay | CC BY 2.0 / pixabay.com

One of nine Michigan insurers planning to sell health insurance on the federal marketplace in 2018 no longer will do so.

Health Alliance Plan said Friday the move affects about 9,100 people. It says it's leaving because of uncertainties related to premium stabilization programs, enforcement of the requirement to have insurance and not knowing if the Trump administration will continue funding cost-sharing subsidies.

The insurer says it's prepared to re-enter the government market "if and when the individual market stabilizes."

flickr.com

Lawmakers in Lansing are gearing up for a showdown over Michigan’s auto no-fault law. A group of Republicans and Democrats in the state House announced changes they plan to introduce.

They said their plan would make car insurance more affordable without limiting coverage.

The bipartisan group plans to introduce legislation that would, among other things, bar insurers from using factors like gender and zip code to set rates.

wiki commons

Michigan voters polled are none to happy about the factors auto insurance companies use for setting premiums.

Lansing-based EPIC-MRA conducted a survey on behalf of the Michigan Health & Hospital Association. It wanted to know what voters thought about auto insurers using education level, marital status, employment and credit scores as determining factors.

For starters, 81 percent, an overwhelming majority believe they’re paying too much for auto insurance.

Mark Sanchez
Courtesy photo / LinkedIn.com

Why has the Grand Rapids' downtown condominium market slowed? We take a closer look along with a new survey on business owner optimism.

The Right Place
The Right Place / rightplace.org

A Chinese furniture component manufacturer is expanding its U.S. presence into Cedar Springs. J-Star Motion Corporation, maker of office furniture industry linear motion and lifting systems, is investing $4.9 million into a new manufacturing facility at an existing site at 500 West Street in Cedar Springs.

Securing J-Star’s expansion into West Michigan was engineered by regional nonprofit economic development organization, The Right, with help from the Michigan Economic Development Corporation.

plazaroosevelt.org

The site plan for Grand Rapids’ $40 million Plaza Roosevelt is unveiled. WGVU takes a look at the details

When completed, Plaza Roosevelt will be a mixed-use development situated on two Grand Rapids city blocks on the east side of Grandville Avenue between Graham and Franklin Streets. 

What has been four years in the making and dubbed a $40 million “Neighborhood-Driven Development,” Habitat for Humanity of Kent County is taking the lead.

grcity.us / City of Grand Rapids

Grand Rapids Downtown Development Authority approved the mixed-use development project featuring a movie theater complex.

If all goes as planned, the $140 million mixed-use project could break ground later this year. Celebration Cinema is investing $100 million devoted to a multi-screen movie theater called Studio C! located within the Arena South District at Oakes and Cherry Streets.

Mark Sanchez
Courtesy photo / LinkedIn.com

We discuss a movement backed by some Grand Rapids entertainment district establishment owners pushing for laws allowing for open containers. Also, health care consumerism backed by health insurance providers.

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