16-story apartment building downtown opens leasing


Photo by Ashley Avila

Leasing has begun for a 202-unit apartment building in downtown Grand Rapids.

Following the “topping off” of the 16-story building at 601 Bond Ave. NW this August, the project’s developer, New York-based Time Equities, has officially opened leasing.

Leasing is through Mount Pleasant-based KMG Prestige, which will manage the building, called 601 Bond, once it’s finished.

The apartments are expected to be move-in ready next spring.

The $53-million building will feature 160 one-bedroom units, between 704 and 862 square feet and priced from $1,450 to $1,950 per month, as well as 42 two-bedroom units, ranging in size from 695 to 1,002 square feet and priced from $1,750 to $2,725 per month.

On-site amenities will include the Skyview Club with a rooftop deck, fitness center and lounge, as well as 220 parking spaces.

Each unit also includes Time Equities’ Smart Apart program, which allows residents to adjust temperature, control lighting, lock and unlock doors, access the building’s intercom system and have a visual of guests or delivery people via their smartphones. Features can also be integrated with Amazon’s Alexa to allow residents to use voice commands.

The project will also feature 4,000 square feet of retail space.

Time Equities broke ground on the project in July 2017, the Business Journal previously reported.

Grand Rapids-based Pioneer Construction is the project’s general contractor.

Ghafari's Concept Design is the architect on the project.

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