GRAND RAPIDS, Mich. — The city of Grand Rapids is moving forward in the vetting process for one of three development proposals for 201 Market Ave. SW.
The city’s evaluation committee is starting a due diligence phase with the plan of Flaherty & Collins Properties of Indianapolis, a process that will last four to six months.
That means that for the next four to six months, the committee will dive deeper into Flaherty and Collins proposal to make sure it’s doable.
A committee made of representatives from the city, Downtown Development Authority, Downtown Grand Rapids, Inc., Hispanic Center of Western Michigan and JLL evaluated responses based on their alignment with the community’s development vision and feasibility of the project.
Rockford Construction and REDICO, based in Southfield Michigan had also submitted proposals.
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