REBusinessOnline

TWO WEST FULTON SECURES $29 MILLION IN FINANCING FOR MIXED-USE PROJECT

GRAND RAPIDS, MICH. — Two West Fulton LLC — which includes Chicago-based RSC & Associates, Grand Rapids-based CWD Real Estate Investment, and Grand Rapids-based Triangle Associates — has secured financing for its Gallery on Fulton project in downtown Grand Rapids. The Grand Rapids office of Fifth Third Bank, Macatawa Bank and Founders Bank funded the total commitment of $29 million for the project. The mixed-use development will include the Urban Institute for Contemporary Arts, a 3,600-square-foot retail component, 56 luxury apartments and a parking garage for more than 250 cars. The building is being designed to achieve LEED certification, and will feature “living” exterior walls of evergreen ivy, a “white” reflective roof and a roof garden gallery. In addition to exhibit space, the five-level, 37,000-square-foot arts center will house a film theater, a ceramics studio, an intimate black-box theater and an open-air terrace gallery. Completion of the project is expected in 2010.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties