Developer ‘tops off’ 16-story apartment building downtown


Courtesy Time Equities

Crews have “topped off” the concrete work for a 16-story apartment building in downtown Grand Rapids.

The 601 Bond Ave. NW mixed-use development hosted a concrete topping-off ceremony this week, with representatives from the project’s developer, New York-based Time Equities, and Grand Rapids-based Pioneer Construction, the project's general contractor.

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

The remaining construction includes work on the exterior enclosure and interior finishes.

Leasing for the 202 units will begin this October, and Time Equities expects the building will be ready for tenants to move in around next spring.

Time Equities purchased the land for the apartment building in 2015 and broke ground on the site in July 2017, the Business Journal previously reported. It is a $53-million project.

The building will come in at 205,000 square feet, with one- and two-bedroom units ranging upwards of 700 square feet.

The project will also feature 4,000 square feet of retail space, and Time Equities is in discussions with several local parties.

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

Time Equities also plans to equip all 202 units with smart technology, providing residents the ability to manage smart appliances and other aspects of their living spaces from their phones or via voice command.

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