An apartment project just east of Medical Mile has signed two new tenants for its ground-floor retail space.
Diamond Place in Grand Rapids, at 1003 Michigan St. NE, will feature Chidorii Ramen & Sushi Bar and Tropical Smoothie Café.
The development, which should be finished this fall, is a $42-million joint venture between Grand Rapids-based Third Coast Development and PK Development Group.
“We believe these dining concepts will be well-received along Michigan Street, especially among the hundreds of residents who will reside at Diamond Place,” said David Levitt, partner, Third Coast Development.
Chidorii is a new concept eatery co-owned by cousins Dong Wen Wang and Shun Ci Chen. The 3,000-square-foot space will offer fresh sushi, poke bowls and signature ramen bowls with homemade broth.
Chidorii is expected to open in October.
The pair also co-owns Fuji Yama, Sakura and the Downtown Market’s sushi bar.
“This is the newest addition to our collection of Asian fusion restaurants, so we are excited at the possibilities,” Dong Wen Wang said.
Tropical Smoothie Café will feature a drive-thru window and offer catering and delivery services.
The 1,900-square-foot space will include 39 seats for dine-in guests and ample parking.
It is expected to open at the end of 2018.
“We are excited to be nestled in the middle of a vibrant, growing community that is bursting with residential and commercial growth,” said Heather Hendriksen, co-owner of the franchise location.
Previously, Diamond Place completed a lease with Wyoming-based Gordon Food Service for the chain to operate a 16,000-square-foot grocery store on the ground floor.
There is currently one 850-square-foot retail space remaining at Diamond Place. NAI Wisinski of West Michigan is handling the retail listing for Third Coast.
Diamond Place will feature 165 one- and two-bedroom apartments and a 240-car parking ramp attached to the main four-story building.
About 100 of the apartments will be designated as affordable for households making 80 percent of area median income or lower.
Many units have already been reserved, and some tenants will begin moving into their apartments this month.
Grand Rapids-based Mercantile Bank of Michigan is the primary lender, and Third Coast said in an earlier report it has received a mix of tax incentives to help finance the project.