The proposed $150 million Factory Yards development received the approval from the Grand Rapids Planning Commission on Thursday to serve alcohol, host live entertainment and more.
The 15 .5 acre mixed-use development, in the Roosevelt Park neighborhood, will include more than 450 apartments, restaurant and performance space and an outdoor plaza.
Developers, Factory Yards LLC, have plans to renovate a historic building for residential use and a food hall.
Other plans include the redevelopment of an existing industrial building for a storage and gym facility, and the construction of a new building for additional residential and commercial space.
On Thursday, the city planning commission approved a Special Land Use proposal allowing alcohol service and the potential production of alcohol, live entertainment, outdoor activities, and a self-storage facility.
Planning commission member Laurel Joseph, who supported the proposal, called the project exciting.
“I think the mix of uses has a lot of potential to make this site really activated and vibrant,” she said.
Developers say the proposed project will benefit the community by creating opportunities for new residents and local entrepreneurs.