GRAND RAPIDS — Last week city commissioners gave Two West Fulton another month to complete its due diligence on the former City Centre ramp site for a $24 million residential and commercial project the firm plans to build on the property at Fulton Street and Division Avenue.
In addition, the title search and survey showed a utility easement in the alley near the site and the surveyor needs more time to determine whether something has to be removed from the alley.
The project calls for roughly 82,000 square feet of market-rate condominium space, about 32,000 square feet of commercial space, and 250 parking spaces. The city plans to purchase up to 149 of those spaces for public parking.
The firm has until
The March deadline for the due diligence work is also the last date that Two West Fulton can back out of the purchase agreement and get its $10,000 deposit on the property returned.