A proposed mixed-use development on the city’s West Side is taking a step forward.
The Michigan Department of Environmental Quality awarded a $330,000 grant to the City of Grand Rapids Brownfield Redevelopment Authority for the redevelopment project at the former site of the Red Lion restaurant, at 449 and 499 Bridge St. NW, according to the city today.
The grant will help pay for "due care activities," demolition and the transportation and disposal of contaminated soils, among other eligible costs.
The developer, 449 Bridge Street Development LLC, plans to demolish the existing building and construct a five-story, 40,000-square-foot building.
Two establishments, North restaurant and MASH bar and lounge, will occupy the first floor, and the second through fifth floors will be dedicated to 44 residential units.
Through a partnership with Lansing-based Michigan Community Capital, a nonprofit organization, 30 percent of the units will be affordable to households earning 80 percent area median income or below.
The project is expected to create 20 full-time jobs and 35 part-time jobs.
The project will be a "creative re-use" of a vacant and contaminated property in a district already experiencing significant growth, said Kara Wood, executive director, Brownfield Redevelopment Authority.
“The number of new jobs being brought to Grand Rapids by the project, along with the new residential units available to households of varying incomes make this project a welcome addition to the city’s West Side,” Wood said.