Grand Rapids Business News
BUSINESS NEWS
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...
Rika’s Chicken Soars in Grand Rapids: A Flavorful Journey
News Summary Rika’s Chicken and More, a cozy eatery in Grand Rapids, has quickly become a local favorite. Owned by Sherika Dennard, this restaurant is known for its fresh-to-order chicken,...
Grand Rapids Catholic Diocese Appoints New Schools Superintendent
News Summary The Grand Rapids Catholic Diocese welcomes Sarah Grey as the new schools superintendent starting July 1. With 20 years of experience in Catholic education, she aims to continue...
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....
West Michigan’s Restaurant Industry Faces Crisis in Early 2025
News Summary West Michigan’s restaurant scene is grappling with a wave of closures as inflation in food and labor costs collides with shifting consumer preferences for takeout. Iconic eateries like...
New Barnes & Noble Store Opening in Grand Rapids
News Summary A brand-new Barnes & Noble store is set to open on March 26 at The Village at Knapp’s Crossing in Grand Rapids, Michigan. The opening will feature bestselling...
Grand Rapids Celebrates Women’s Housing Initiative Year
News Summary Heartside Landings in Grand Rapids marks its first year of providing innovative housing for chronically homeless women. Offering autonomy and extensive support services, this landmark program is seeing...
Kent County Explores Move to Former Hospital for Admin Services
News Summary Kent County is considering relocating its administrative services to a former hospital building on Fuller Avenue in Grand Rapids. The option involves either renovating the existing structure or...
Transformation of Engine House No. 5 in Grand Rapids
News Summary Engine House No. 5 in Grand Rapids has been restored and transformed into a museum, celebrating its rich history from 1880. The museum showcases firefighting history and invites...
Finance
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
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....
Kent County Explores Move to Former Hospital for Admin Services
News Summary Kent County is considering relocating its administrative services to a former hospital building on Fuller Avenue in Grand Rapids. The option involves either renovating the existing structure or...
Grand Rapids Undergone Revitalization with New Grant
News Summary Grand Rapids is set for a major transformation as a one-story building at 1516 Cesar Chavez Ave. SW is being revamped into a three-story structure. This project, funded...
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...
Grand Rapids Set for Major Redevelopment Projects
News Summary Grand Rapids is on the verge of transformation with exciting new development projects underway. A dilapidated building at 1007 Wealthy St. SE is set to be transformed into...
New Maverik Gas Station Set to Open in Wyoming, MI
News Summary A new Maverik gas station and convenience store is under construction at 777 54th St. SW in Wyoming, MI, with an opening date set for April 2025. This...
Godwin Mercado Marketplace Coming to Wyoming, MI
News Summary Wyoming, Michigan, is set to welcome the Godwin Mercado Marketplace at 301 36th St. Scheduled to open in spring 2026, this $6.2 million project will feature 22 vendors,...
GR Central Iron & Steel Reopens After Fire Incident
News Summary GR Central Iron & Steel in Grand Rapids is set to reopen following a significant fire that occurred on February 18, 2025. The incident took place in a...
Marketing
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Real Estate
Detroit Homeowner Wealth Surges by $700 Million in 2023
News Summary Homeowners in Detroit have gained an incredible $700 million in wealth this year, continuing a decade-long trend that has seen total homeowner wealth increase by $4.6 billion. Notably,...
Consumers Energy Customers in Michigan to Face New Rate Hike
News Summary Consumers Energy customers in Michigan are set to face a rate hike starting April 4, 2025. This $153.8 million increase will raise the average homeowner’s electric bill by...
New Tax Bill Passed in Lansing, Promising Savings for Residents
News Summary The Michigan House of Representatives has passed House Bill 4170, reducing the individual income tax rate from 4.25% to 4.05% starting January 1, 2025. Sponsored by Rep. Kathy...
Forever 21 Closes Multiple Stores in Michigan Amid Bankruptcy
News Summary Forever 21 has announced major store closures across the United States, including nine locations in Michigan, following its Chapter 11 bankruptcy filing. The popular fast-fashion retailer is set...
MI Table Restaurant in Bay City Now Available for Sale
News Summary MI Table, a farm-to-table restaurant in Bay City, Michigan, is officially up for sale after five successful years. Owners are seeking a new adventure while expressing gratitude for...
Bay City Rallies for Industrial Comeback
News Summary In Bay City, MI, a rally highlighted the push for American manufacturing revival, featuring Vice President JD Vance. He discussed the importance of domestic production, emphasized the need...
Michigan’s Job Market Faces Challenges in January 2024
News Summary Michigan’s job market experienced fluctuations in January 2024, with the unemployment rate rising slightly to 5.3%. Despite the increased jobless rate, total employment rose by 6,000, indicating a...
Chesterfield Township Welcomes Sheetz with New Store Construction
News Summary Sheetz has begun construction on its second location in Chesterfield Township, Michigan, set to open by late summer or early fall of 2025. This new 6,100 square foot...
Flagstar Bank to Lay Off 424 Employees Amid Restructuring
News Summary Flagstar Bank has announced layoffs of 424 employees at its Corporate Drive location in Troy, Michigan, as part of a restructuring strategy. The layoffs, scheduled between April 22...
