Grand Rapids Business News
BUSINESS NEWS
UFP Industries Announces First Quarter Earnings from Grand Rapids
News Summary UFP Industries, headquartered in Grand Rapids, Michigan, has reported its first-quarter earnings for 2025, revealing a net income of $78.8 million but falling short of analyst expectations. Despite...
Community Divided Over Matthew’s House Land Use Proposal
News Summary In Grand Rapids, a proposal for a special land use permit for Matthew’s House has sparked a heated debate among community members. With over 150 attendees at a...
Grand Rapids to Enhance Heritage Hill Park with New Sculpture
News Summary Grand Rapids is inviting artists to submit proposals for a new sculpture to be placed in Heritage Hill Park. With a budget of up to $15,000, this project...
Matthew’s House Relocation Sparks Controversy in Grand Rapids
News Summary Matthew’s House, a rescue mission for the homeless in Grand Rapids, faces opposition over its proposed move to 1050 Leonard St. NW. Local resident Houston Moyer expresses concerns...
Grand Rapids Construction Projects Face Tariff Challenges
News Summary In Grand Rapids, two major construction projects, the Acrisure Amphitheater and Amway Stadium, are progressing despite the challenges posed by corporate tariffs. Companies are making tough decisions on...
Kentwood, MI Celebrates the Grand Opening of Mochinut
News Summary Mochinut, a dessert shop famous for its Japanese doughnuts and Korean corn dogs, has opened a new location in Kentwood, MI. The grand opening took place on April...
Grand Rapids Iron & Metal Expands Cardboard Recycling Services
News Summary Grand Rapids Iron & Metal has received approval from the Byron Township Planning Commission to expand its recycling services to include corrugated cardboard. Previously, residents had to travel...
Grand Rapids Launches All-Electric Bucket Truck
News Summary Grand Rapids celebrates the launch of an innovative all-electric bucket truck by Consumers Energy, marking a step towards a sustainable future in Michigan’s transportation. This cutting-edge vehicle emphasizes...
Luxurious Ranch House Hits Market in Forest Hills
News Summary A stunning contemporary ranch house in Forest Hills, near Grand Rapids, is now on the market for $3.25 million. This expansive property features 4 bedrooms, 4.5 bathrooms, and...
Finance
UFP Industries Announces First Quarter Earnings from Grand Rapids
News Summary UFP Industries, headquartered in Grand Rapids, Michigan, has reported its first-quarter earnings for 2025, revealing a net income of $78.8 million but falling short of analyst expectations. Despite...
Major Developments Begin in Grand Rapids
News Summary Grand Rapids is witnessing significant changes as the demolition of the former Christian Reformed Church headquarters begins. Meijer has acquired the site and plans to construct a new...
CONSTRUCTION
UFP Industries Announces First Quarter Earnings from Grand Rapids
News Summary UFP Industries, headquartered in Grand Rapids, Michigan, has reported its first-quarter earnings for 2025, revealing a net income of $78.8 million but falling short of analyst expectations. Despite...
Grand Rapids Construction Projects Face Tariff Challenges
News Summary In Grand Rapids, two major construction projects, the Acrisure Amphitheater and Amway Stadium, are progressing despite the challenges posed by corporate tariffs. Companies are making tough decisions on...
Grand Rapids: A Design and Sustainability Leader
News Summary Grand Rapids is emerging as a prominent design capital, reshaping workspaces with innovative furniture solutions from local manufacturers like Steelcase and MillerKnoll. The city is known for its...
Grand Rapids Apartment Project Faces Delay Amid Funding Cap Concerns
News Summary The Grand Rapids apartment project at 280 Ann St. NW, initiated by Compass Property Development, has encountered delays due to funding cap concerns related to the Transformational Brownfield...
Home Pro Roofing Joins Aligned Exteriors Group
News Summary Home Pro Roofing in Ionia, Michigan, has been acquired by the New York-based Aligned Exteriors Group (AEG). This acquisition aims to strengthen AEG’s position in the Midwest roofing...
Concerns Rise as East Grand Rapids Delays Gaslight Village Vote
News Summary The East Grand Rapids City Commission has decided to postpone the vote on the Gaslight Village redevelopment plans for at least a month, reflecting community concerns. While revisions...
East Grand Rapids Development Project Revised After Feedback
News Summary In response to community feedback, Gaslight Investors LLC has revised their large mixed-use development proposal in Gaslight Village, East Grand Rapids. Significant changes include reducing the number of...
Kentwood to Welcome New Mixed-Use Development Near Airport
News Summary Kentwood, Michigan, is poised for an exciting mixed-use development near Gerald R. Ford Airport. This project will include residential, commercial, and recreational facilities, enhancing the community and its...
Grand Rapids Faces Housing Crunch: Bold Initiatives Announced
News Summary During his inaugural State of the City address, Mayor David LaGrand highlighted the urgent need for 12,400 new housing units in Grand Rapids over the next two years....
Marketing
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Real Estate
Discovering Real Estate Options in Northern Michigan
News Summary Northern Michigan offers an impressive range of real estate options for buyers with a budget of around $500,000. From downtown condos in Traverse City to serene homes near...
Luxury Ranch Home in Grand Rapids Listed for $3.25 Million
News Summary A stunning luxurious 4-bedroom ranch home in Grand Rapids, MI is now on the market for $3.25 million. This contemporary home offers extensive renovations, breathtaking views, and a...
Timber Trouble: Northern Michigan Recovers from Ice Storm
News Summary Northern Michigan faces significant challenges following a fierce ice storm that struck from March 28-30, 2025. Affected areas span around 919,550 acres, with lost trees impacting wildlife and...
Michigan Homebuilders Challenge New Energy Efficiency Codes
News Summary As Michigan prepares to implement new residential building and energy codes aimed at enhancing energy efficiency by mid-2025, homebuilders are gearing up for a legal battle against the...
Unemployment Claims Rise in Detroit: Key Updates for Michiganders
News Summary Recent reports indicate a rise in unemployment claims in Detroit, with initial filings increasing to 6,808. Despite the increase, Michigan residents can expect enhanced unemployment benefits starting April...
Michigan Launches Home Energy Rebates Program
News Summary Michigan has initiated the Michigan Home Energy Rebates Program (MiHER) aimed at alleviating the energy costs burden on families. With a budget of $211 million, the program offers...
Challenges Mount in Michigan’s Cannabis Industry
News Summary As Michigan’s cannabis industry marks its five-year anniversary, it faces significant challenges, including price drops and increased competition from the illicit market. The Cannabis Regulatory Agency (CRA) struggles...
Major Revamp Planned for Michigan Avenue in Corktown
News Summary Corktown community is set for a significant transformation as Michigan Avenue undergoes a major overhaul aimed at improving pedestrian safety and enhancing local charm. The project includes dedicated...
Residents of Flint, Michigan React to New Tariffs Amid Economic Concerns
News Summary Residents of Flint, Michigan, a city historically tied to the auto industry, express a range of emotions regarding new tariffs imposed by the Trump administration. The community grapples...
