The annual economic impact that Grand Valley State University has on the region is estimated at $816 million. The economic impact report covers Kent, Ottawa and Muskegon counties and used 2015-2016 data. Grand Valley employs more than 3,600 people and enrolls more than 25,400 students who spend money and pay taxes in the region.Some additional highlights of this year's report include:•
New construction and renovations pumped more than $83 million into the local economy in 2016, creating more than 1,760 trade and construction jobs.• Construction of the $37.5 million Raleigh J. Finkelstein Hall will be finished in May 2018 and will expand Grand Valley's health campus in Grand Rapids. On the Allendale Campus, an addition to the Performing Arts Center will add 44,000-square-feet of additional space to the existing building. The $20-million project will be finished in August.•
Grand Valley alumni now number more than 106,000 and nearly half are living or working in West Michigan's tri-county area.