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GRBJ: Development picks up in neighborhoods

7:55 AM, Dec 23, 2013   |    comments
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(GRAND RAPIDS BUSINESS JOURNAL) After years of little activity, urban development in the residential neighborhoods of Grand Rapids took on a much more serious tone this year.

That effort was jumpstarted when the city commission agreed to sell 162 tax-foreclosed properties for $1.16 million to the Kent County Land Bank Authority for redevelopment last summer.

That action was followed by the state awarding the city $2.5 million in federal funds for an anti-blight program, which will demolish 100 dilapidated houses. The city then entered into a partnership with KCLBA to oversee and direct the demolition work.

For more, click here from the GRBJ - http://www.grbj.com/articles/78579-development-picks-up-in-neighborhoods

GRBJ

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