Momentum continues for apartment development across Grand Rapids
Media Mention
Developers of apartments in Grand Rapids are still seeing high demand for market-rate units.
This trend has been a common theme for the last several years, as well-appointed projects have filled up quickly across the city. Since many units came online at the end of last year and into 2019, there was a small slowdown in the market for apartments, but multiple developers told MiBiz that demand is once again outpacing supply.
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Meanwhile, Wolverine Building Group Inc. is working on two affordable housing projects with Grand Rapids-based nonprofit Dwelling Place, and recently finished work on multiple market-rate developments.
For Aaron Jonker, president and co-owner of Wolverine Building Group, finding solutions to affordable housing issues remains a priority and should be a focus for others in the private sector.
“We know that, as a business, we need our community to be healthy. If our community is healthy, the business will be healthy,” Jonker said. “(Affordable housing) is a problem in our community that affects all of us. And as a member of our community, we feel like it’s our job to help where we can.”