x
Breaking News
More () »

GVSU reports $849 million regional economic impact

The economic impact report covers Kent, Ottawa and Muskegon counties, and it looked at data from 2016-2017.

Grand Valley State University is reporting an annual economic impact on the region of $849 million.

The economic impact report covers Kent, Ottawa and Muskegon counties, and it looked at data from 2016-2017. The university employs more than 3,600 people and enrolls more than 25,000 students who spend money and pay taxes in the area.

Other highlights from the report include:

  • New construction and renovations added more than $109 million to the local economy in 2017. This created more than 2,200 jobs.
  • A $20 million addition to the Thomas J. and Marcia J. Haas Center for Performing Arts was completed.
  • Construction will start in June for a $70 million health building in downtown Grand Rapids. It will be next to GVSU's Cook-DeVos Center for Health Sciences. The building is scheduled to finish in May 2021.
  • Nearly half of GVSU's 117,000 alumni are living or working in the West Michigan area.

The full economic impact report can be seen here.

Make it easy to keep up to date with more stories like this. Download the WZZM 13 app now.

Have a news tip? Email news@wzzm13.com, visit our Facebook page or Twitter.

Before You Leave, Check This Out