Grand Rapids Business News
BUSINESS NEWS
Briarwood Mall’s Renovation Plans Amid Tax Dispute
News Summary The Briarwood Mall in Ann Arbor is facing a significant tax assessment dispute while also looking towards much-needed renovations. With claims of a property value disparity and future...
University of Michigan Plans $85 Million in Campus Renovations
News Summary The University of Michigan is seeking $85 million in state funding for significant renovations across its Ann Arbor and Dearborn campuses. Key projects include a $45 million investment...
Plumbing Scandal Exposes Unethical Practices in Home Remodeling
News Summary A plumbing company in Plymouth Township is under investigation for employing hundreds of undocumented workers, totaling $74 million in construction work. Moises and Raquel Orduna-Rios face serious charges,...
Little Caesars Unveils Renovated Store in Leesburg
News Summary The Little Caesars store in Leesburg, operated by Nibble Nation, LLC, is set to celebrate its grand reopening on November 15, 2025. The renovation features a fresh design...
Northwestern Wildcats’ New Stadium Set to Transform Fan Experience
News Summary The Northwestern Wildcats’ new stadium, costing $862 million, is nearing completion, promising a remarkable fan experience with innovative seating only 90 feet from the field. Set to open...
Trinity Health Ann Arbor to Undergo Major Emergency Department Renovation
News Summary Trinity Health Ann Arbor is set to renovate its Emergency Department, beginning later this month, with an investment of $60.5 million. The project will expand the facility by...
Gleaners Community Food Bank Appoints New Leadership to Tackle Hunger
News Summary Gleaners Community Food Bank has appointed Angela Moloney as its new president and CEO. With a history of community service, she aims to continue the organization’s mission to...
Ford Reimagines Dealership Experience with Signature 2.0 Design
News Summary Ford is set to transform the car dealership experience with its new Signature 2.0 design, which aims to create an inviting atmosphere resembling a luxury hotel. The plan...
Kansas City Chiefs Consider Major Renovations for Arrowhead Stadium
News Summary The Kansas City Chiefs are exploring innovative renovations for Arrowhead Stadium, aiming to enhance the fan experience while addressing future needs. Governor Mike Kehoe has proposed a flexible,...
Finance
First Financial Bank Awards $20,000 in Grants to Grand Rapids Organizations
News Summary First Financial Bank has granted $20,000 to local organizations in Grand Rapids, including $15,000 to Kids’ Food Basket and $5,000 to the Grand Rapids Symphony Society. This funding...
American Seating Co. Acquired by GR Seating, LLC
News Summary American Seating Co., a historic manufacturer in Grand Rapids, has been acquired by GR Seating, LLC, a joint venture between NFI Group Inc. and GILLIG LLC. This acquisition,...
Mercantile Bank Reports Strong Financial Results for Q3
News Summary Mercantile Bank Corp. (MBWM) announced a net income of $23.8 million for the third quarter, surpassing expectations with earnings per share of $1.46. The bank’s revenue reached $96...
Innovia Wealth Opens New Office in Birmingham, Michigan
News Summary Innovia Wealth has established its first office in the metro Detroit area, located in downtown Birmingham. This strategic expansion into Michigan marks Innovia’s third office, alongside locations in...
Acrisure Announces Significant Layoffs Due to AI Integration
News Summary Acrisure, a global insurance brokerage, will lay off 400 accounting positions worldwide, primarily due to the integration of artificial intelligence technology. The layoffs will predominantly affect its operations...
Wyoming City Approves Tax Break for Pinery Park Apartments Renovation
News Summary Wyoming City has approved a tax break to enhance the Pinery Park Apartments, focused on providing affordable housing for low-income residents and the elderly. This decision allows for...
Mark Bissell Transitions Leadership Role at BISSELL Inc.
News Summary Mark Bissell, after over 40 years at BISSELL Inc., is stepping down as CEO and chairman to become executive chairman. This change occurs as the company prepares for...
Grand Rapids Thrives on $1.4 Billion Powerball Jackpot
News Summary Grand Rapids is buzzing with excitement as the Powerball jackpot reaches an unprecedented $1.4 billion, the fourth largest in history. Local businesses, particularly Party World, are seeing a...
GRCC Board Approves New Faculty Contract and Policy Updates
News Summary The Grand Rapids Community College Board of Trustees held a meeting where they approved a new five-year faculty contract that includes significant salary increases. The board also revised...
CONSTRUCTION
Briarwood Mall’s Renovation Plans Amid Tax Dispute
News Summary The Briarwood Mall in Ann Arbor is facing a significant tax assessment dispute while also looking towards much-needed renovations. With claims of a property value disparity and future...
University of Michigan Plans $85 Million in Campus Renovations
News Summary The University of Michigan is seeking $85 million in state funding for significant renovations across its Ann Arbor and Dearborn campuses. Key projects include a $45 million investment...
Plumbing Scandal Exposes Unethical Practices in Home Remodeling
News Summary A plumbing company in Plymouth Township is under investigation for employing hundreds of undocumented workers, totaling $74 million in construction work. Moises and Raquel Orduna-Rios face serious charges,...
Little Caesars Unveils Renovated Store in Leesburg
News Summary The Little Caesars store in Leesburg, operated by Nibble Nation, LLC, is set to celebrate its grand reopening on November 15, 2025. The renovation features a fresh design...
Northwestern Wildcats’ New Stadium Set to Transform Fan Experience
News Summary The Northwestern Wildcats’ new stadium, costing $862 million, is nearing completion, promising a remarkable fan experience with innovative seating only 90 feet from the field. Set to open...
Trinity Health Ann Arbor to Undergo Major Emergency Department Renovation
News Summary Trinity Health Ann Arbor is set to renovate its Emergency Department, beginning later this month, with an investment of $60.5 million. The project will expand the facility by...
Gleaners Community Food Bank Appoints New Leadership to Tackle Hunger
News Summary Gleaners Community Food Bank has appointed Angela Moloney as its new president and CEO. With a history of community service, she aims to continue the organization’s mission to...
Ford Reimagines Dealership Experience with Signature 2.0 Design
News Summary Ford is set to transform the car dealership experience with its new Signature 2.0 design, which aims to create an inviting atmosphere resembling a luxury hotel. The plan...
Kansas City Chiefs Consider Major Renovations for Arrowhead Stadium
News Summary The Kansas City Chiefs are exploring innovative renovations for Arrowhead Stadium, aiming to enhance the fan experience while addressing future needs. Governor Mike Kehoe has proposed a flexible,...
Marketing
Comcast RISE Program Offers $3 Million Grant to Small Businesses in Grand Rapids and Muskegon
News Summary Small businesses in Grand Rapids and Muskegon can apply for a grant package through the Comcast RISE program, which has allocated $3 million to support their growth. The...
Real Estate
Novi Unveils Sakura Novi: Michigan’s First Asian-Inspired Development
News Summary Novi, Michigan, proudly opens Sakura Novi, a mixed-use development that celebrates Asian culture. Featuring Sakura Gardens, a Japanese-inspired park, the project transforms a vacant site into a vibrant...
Michigan Seeks $23.6 Million from Gotion Inc. Following Plant Shutdown
News Summary Michigan is pursuing $23.6 million in incentives from Gotion Inc. after the company’s electric vehicle battery plant project near Big Rapids was abandoned. The state found Gotion in...
Gotion Inc.’s $2.36 Billion Battery Plant Project Terminated
News Summary The Michigan Economic Development Corporation has officially terminated Gotion Inc.’s planned electric vehicle battery parts plant project in Big Rapids. The project, which was to be a $2.36...
Controversy Surrounds Proposed Data Centers in Southeast Michigan
News Summary Four proposed data centers in Southeast Michigan, particularly a $1 billion project in Augusta Township, are causing budgetary and environmental concerns among local communities. While some officials support...
Proposed Data Centers Spark Debate in Southeast Michigan
News Summary Southeast Michigan is witnessing proposals for four massive data centers, challenging traditional locations for such projects. Augusta Township has approved rezoning for a Thor Equities data center, aimed...
Detroit to Develop New Multimodal Transportation Hub
News Summary Detroit is set to embark on a transformative journey with the development of a new multimodal transportation hub. Backed by a $40 million investment, this initiative aims to...
Detroit to Launch New Transit Station for Enhanced Connectivity
News Summary Detroit is set to establish a new passenger rail and intercity bus transit station, announced by Governor Gretchen Whitmer. This project aims to revitalize downtown and connect the...
Detroit Unveils $40 Million Multimodal Transit Hub Plan
News Summary Detroit has announced a $40 million investment to create a new multimodal transit hub in Corktown, potentially restoring train services at the historic Michigan Central Station. The plan,...
Saline Township Leads Opposition Against AI Data Centers
News Summary Saline Township, Michigan, is leading a movement against AI data centers amid rising energy costs and environmental concerns. The township recently rejected a 250-acre data center proposal and...