Business

Third Coast Development

A four-story, mixed-use affordable housing project is in the works for downtown Grand Rapids. Dirt is being moved near Grand Rapids Medical Mile. Along Michigan Street a number of homes have been demolished making room for Midtown CityZen; a four-story, 44-residential unit project offering affordable housing.

The 40,000 square foot development will also include space for a restaurant on its ground floor.

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The majority of Michigan voters say fixing the state’s infrastructure is the number one problem lawmakers need to address. That is the finding in a recent poll conducted in December.

Fix MI State is a campaign organized by the Michigan Infrastructure & Transportation Association. It asked Lansing-based Epic-MRA to survey 600 registered Michigan voters asking what they think is the top problem facing the state?

gvsu.edu

West Michigan’s economy wrapped up 2017 with what is described as “solid growth” in December. WGVU takes a look at the number from last month’s Supply Management Research survey. The trajectory gives its author a good idea of what the local economy may bring in 2018.

“The general feeling is we could hit 3.5 percent growth rate as far as the year 2018 is concerned.”

Brian G. Long is director of Supply Management Research in the Seidman College of Business at Grand Valley State University.

“This will be our best year if this in turn comes to pass.”

A judge says a bottled-water company should be allowed to build a pumping station as part of its plans to get more groundwater in western Michigan for the Ice Mountain brand. Nestle Waters North America sued after Osceola County's Osceola Township rejected a zoning permit.

Nestle wants to withdraw up to 400 gallons (1,514 liters) a minute, with help from a pipeline booster station at SpringHill Camps, a summer camp.

Mason County Judge Susan Sniegowski ruled this week, ordering Osceola Township to issue a permit for construction of the station.

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After a four year hiatus, Frontier Airlines has officially returned to the West Michigan market. A Frontier Airlines flight originating in Orlando, Florida landed at Gerald R. Ford International Airport Wednesday. It is one of four weekly nonstop flights to Orlando International Airport.

Next week Frontier will add three weekly nonstop flights to Fort Meyers, Florida. In early April the airline will extend four weekly nonstop departures to Denver.

gvsu.edu

As 2017 comes to a close, November’s Supply Management Research survey suggests West Michigan’s economy will be strong in 2018.

“It’s quite possible that 2018 will be one of our best years in the previous 10 years.”

Brian G. Long is director of Supply Management Research in the Seidman College of Business at Grand Valley State University. He says West Michigan’s economic trajectory heading into December and beyond is full steam ahead.

The Right Place

More than $4 million dollars will be invested in an iconic building along Wyoming’s 28th Street. What was once home to Rogers Department Store and Klingman’s Furniture will soon have a new business moving in.

ICCF

Inner City Christian Federation has closed on the purchase of 177 properties with 150 of those single-family homes located in Greater Grand Rapids and Wyoming. As ICCF leadership explains the acquisition is one way to preserve affordable housing at a time when rents and home prices are quickly climbing.

“We are excited to be a part of preserving the affordability of housing in our community.”

Ryan VerWys is President and CEO of Inner City Christian Federation.

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At least 30 percent of the new vehicles Ford will roll out in China by 2025 will be electric, with Beijing pushing hard to improve air quality for people living in smoke-choked cities.

The Detroit automaker said Tuesday that the 15 new electric vehicles, part of the 50 new vehicles it is introducing to China's massive market in the next 18 years, will be Lincolns and Fords.

Its joint venture with Anhui Zotye Automobile Co., announced last month, will produce a separate range of electric vehicles under a new brand.

ITS Partners

A Grand Rapids-based IT consulting firm is making a multi-million dollar investment in a new headquarters and creating dozens of high-tech jobs.

Business is good for Grand Rapids’ ITS Partners with the development of new technologies and security threats. So good, that it will more than double its workforce over the next three years from 56 locally to 124.

The information technology consulting firm has been around for 30 years, but lately its increase in sales has produced a need for not only more talent but more space.

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