A team of real estate investors are planning a $5 million project on the city’s West Side.
Leonard Street Partners unveiled plans today for a mixed-use building at the corner of Leonard Street NW and Broadway Avenue NW.
The new three-story, 24,000-square-foot building with two floors of office space and ground-floor retail space would help anchor the West Leonard Business District and serve as a gateway project for the business corridor.
The development project, which will break ground in January 2020, came together through a collaborative effort of investors, including the father-son duo of Johnny Brann Jr., owner of Kitchen67, Brann’s Restaurants and Interphase Interiors, and Johnny Brann Sr., owner of Brann’s Steakhouse.
“My dad’s long-standing commitment to the West Side has been a part of our family for almost 50 years,” Brann Jr. said. “This project will help inspire exciting change this corridor of the city for the next 50 years.”
Brann Sr. added that his family has “a legacy of providing jobs and serving the community and the families who live here.”
“We are proud to be part of an investment team that seeks to provide opportunities for future generations of entrepreneurs,” Brann Sr. said.
Other partners include Mike Houseman, president of Wolverine Building Group, Dan Henrickson, president of Henrickson Architects & Planning, and Bill Hadlock, CEO of Paradigm Design
First Ward Commissioner Kurt Reppart said the project was important to the growth of the West Side.
The project’s architect, Paradigm Design, also announced its plan to be the building's lead tenant.
Paradigm Design would occupy the second and third floors of the building.
“Our firm has been growing and expanding into new markets, and we are excited to bring 45 professionals to this new space and continue to create success for all of our clients,” said Joe Greco, president, Paradigm Design.
Paradigm also has offices in Grand Rapids, Traverse City and Phoenix.
Brann Jr. said Leonard Street Partners should have information on the ground-floor space in the coming weeks. There is about 7,500 square feet that could be used by one or two retail tenants.
Construction is expected to wrap up in September 2020.
Wolverine Building Group is the general contractor on the project.
Financing is through Mercantile Bank of Michigan.