Lofts of GR, Grand Rapids, Michigan. At Lofts of GR, we do more than offer you a place to live in this growing city: we give you tools to connect with people and build a community in the. GRAND RAPIDS, Mich. (WOOD) — Some high-demand affordable housing in Grand Rapids is ready for tenants. Grand Rapids Mayor Rosalynn Bliss joined project and community leaders Wednesday morning to. Experience the urban lifestyle you've always wanted. The Lofts is surrounded by shops, dining, entertainment, colleges, major employers and more. In other words, you can walk to just about everything that makes downtown Grand Rapids great. Each one and two bedroom apartment radiates character, comfort and beauty. 1 day ago As rents have increased moderately in Grand Rapids, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Grand Rapids is still more affordable than most large cities across the country. Grand Rapids' median two-bedroom rent of $1,117 is slightly above the national average of $1,092.
Garfield Park Lofts is a 36-unit workforce housing project in the Garfield Park neighborhood of Grand Rapids, Michigan. Co-developers LINC UP, Dwelling Place and Orion Real Estate Solutions utilized public-private partnerships such as a low-income housing tax credit with the Michigan State Housing Development Authority to help finance the project. Construction of the three-story building began following the abatement and removal of a church that sat vacant on the site for five years.
The 45,000 square-foot development will create 36 apartments within a three-story building. There will be 34 two-bedroom units and two (2) three-bedroom units. Sidewalk improvements along Burton Street SE are also included in the scope of work to make the area more pedestrian friendly.
The project will be built to a LEED Silver certification and employed over 30% of the jobs manpower with local, small business contractors (City of Grand Rapids section 3). Garfield Park Lofts is the first new commercial construction project for that area in the last 30 years.