New Development Downtown on West Fulton to Bring More Quality College Housing
Rockford Construction announced that they have closed on the final parcel of land and will be breaking ground this month on quality, market rate housing with college students in mind in Grand Rapids’ West Side neighborhood. Fulton Place will be located on Fulton Street West, between Lexington and Seward Streets.
Adjacent to Grand Valley State University’s (GVSU) Pew campus, and a short distance to Grand Rapids’ Center City, Fulton Place will include three buildings. The buildings will include a 13,000-square-foot building with seven three-story townhomes, each with four bedrooms; a three-story 5,500-square-foot building with three apartments, each with three bedrooms; and a five-story 125,000-square-foot mixed-use building with 102 units with a mix of 1 bedrooms and lofts, 2 bedrooms and 4 bedrooms.
Amenities at Fulton Place will include almost 10,000 square feet of ground level retail space and on-site residential parking, which will include a two-story garage and street level parking.
“This is an emerging area of the city, in large part due to the growth of Grand Valley State University, and we want to ensure there are adequate and quality housing options available,” said Mike Mraz, partner, real estate development at Rockford Construction. “As GVSU and others continue to offer more class options in the city, we need to have a place for students to live, work and feel like they are a part of the city 24-hours a day.”
Fulton Place is part of the “Corridor Improvement District” (CID) in the West Side. The CID ties together three West Side business districts and two neighborhood groups and hopes to leverage tax dollars for additional improvements.
A formal ground breaking ceremony for Fulton Place will take place on May 5, and construction will be completed in time for students to move in for the 2016-2017 school year.