LINC UP and Orion Construction cut the ribbon on West Garfield Apartments.
West Garfield is a $6.5 million development that provides 26 two- and three-bedroom units of affordable housing to the Garfield Park Neighborhood.
The units are available to residents making 30-60% of the area median income, and will rent between $550 and $800 per month.
“We have been able to expand affordable housing in Grand Rapids because of strong relationships with the community and committed partners working with us to bring projects to life,” said Eric Brown, director of real estate development for LINC UP. “Not only are we able to build more affordable housing for local residents during the second phase of the development, we have also ensured that local, minority contractors participate in the development and construction of the homes.”
West Garfield’s completion comes approximately one year after the opening of Garfield Park Lofts, a 36-unit complex located directly across the street.
The LEED Gold-certified Garfield Park Lofts brought 36 units of affordable housing to the area in October 2019, after a 30-year dry spell of commercial construction, and served as an economic catalyst through the hiring of local/neighborhood subcontractors, suppliers and laborers.
Garfield Park Lofts was completed and leased 100% after a flood of 500 applications. Similarly, West Garfield held a pre-leasing event earlier this summer where more than 1,500 applications were submitted over a two-day period.
Orion Construction was responsible for construction and Isaac V. Norris & Associates was the architect.
“LINC UP continues to be a major asset in our community by facilitating affordable housing to neighborhoods that need it most,” said Roger Rehkopf, president of Orion Construction. “With their leadership, Orion is proud to usher more equitable opportunities for minority and neighborhood participation, providing quality homes for incoming tenants on time and on budget. We are grateful and fortunate to be part of such an amazing team.”
Alliant Capital was the equity investor, Fifth Third Bank was the construction lender, and IFF Capital Solutions was the Permanent Lender.
The city of Grand Rapids also provided HOME and Brownfield grant support worth $400,000.
Now that West Garfield is complete, partners LINC UP and Maurice Townsend soon will begin the process to develop MoTown Square, a 54-unit affordable assisted living project located on Hall Street SE between Cass and Lafayette avenues.