A one-acre city-owned parking lot at the corner of Market and Wealthy Street Southwest, just south of the Acrisure Amphitheater, will be transformed into a $20-$30 million affordable housing project.
Mount Pleasant-based P.S. Equities and Dwelling Place of Grand Rapids returned to the city’s planning commission last week addressing concerns raised over a lack of riverfront amenities. Grand Rapids’ Senior Planner Elizabeth Zeller shared some of those added features.
“This is intended to serve as a location for live music with outdoor seating and yard games, and that really does comport with the kind of things that we want to see along the river, along with the food trucks.”
Plans also call for a small outdoor amphitheater, parking ramp art mural and pedestrian-friendly riverfront walkways.
Planning Commissioner Arlen-Dean Gaddy praised the developer’s revisions.
“When we look at the green space, the amphitheater, the idea of the food trucks to engage the community as they’re going back and forth from the Acrisure Amphitheater, I think it’s a well-thought-out plan.”
Developers hope to start construction next fall.
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