Shake, Rattle, Roll….and Beep…Beep….Beep. That’s the forecast for us at X Ventures (and all our neighbors) for the next several months as today marks the first day of construction on downtown’s newest addition of Class A mixed use retail, office and residential building. As of this writing (about 12:00 PM on June 4, 2014) the asphalt is just about history in the old parking lot behind our building at 44 Grandville and our neighbors at 56 Grandville (Beene Garter) and the Grand Rapids Community Foundation building. I’ve got no commentary or opinions for or against (because frankly no one needs my opinion), but I will share a twinge of trepidation regarding the “change”, the noise, and (personally) the loss of view out my office window.
I was once called a “Pollyanna” by a fellow board member as I laid out my thoughts on a particular issue. He meant it as a put-down….I took it as a compliment. So from that perspective – I’m going to focus on the positive. Our town isn’t dying, it’s thriving. The tenants that will occupy this new building will utilize services ranging from design, construction trades, furniture, retail and so on. While there are issues everyone will stub their toes on, I believe it will all work out because this town is collaborative, forward thinking and are problem solvers.
New construction. Good to see you again.
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One of the coolest corners in all of Grand Rapids is Union and Cherry in the Heritage Hill neighborhood. The tallest building also occupies the northwest corner: 547 Cherry Street, also most commonly known as Oakwood Manor Apartments.
While you may have space to spread out the team in a collaborative room, you may be tight on storage. While you may have ample storage, your breakroom may be lacking lateral length. And while you may have a staff entertainment area dialed in, your offices have zero multi-functionality.
Are you approaching decision time to acquire office space – perhaps due to growth or due to launching your first business? Spend a little time on the front end asking and getting answers to important questions, and you will save much time and prevent a self-induced migraine later.
Right now, Grand Rapids is in redevelopment and expansion mode. We can now, with confidence, refer to our era of recovery as a thing in the distant past.
As demand for apartments rises across the nation, tenants are experiencing the challenges of a landlord’s market. A rise in rental rates is one factor, but so is the simultaneous rise in residential development. How do these two dynamics play out at the same time?
X Ventures was so happy to work with our fellow building tenants at 44 Grandville over the past couple weeks to help fill the pantry shelves for Family Haven.