[DetroitMan]

Another massive residential development is being proposed for the Creston neighborhood. This would involve tearing down the old Display Pack factory and building 526 apartments and a 627-space parking deck.

Developer plans 526 apartments at massive Grand Rapids factory redevelopment

Franklin Partners LLC unveiled plans on Wednesday night to demolish the long-vacant former Display Pack Inc. building and build a mixed-use development with 526 apartment units, making it one of the largest housing proposals in Grand Rapids in recent years.

The 307,000-square-foot structure is located between Creston’s business district and the Grand River on the city’s north side.The Oak Brook, Ill.-based commercial real estate investor plans to build two separate, four-story structures on the north and south end of the site at 1340 Monroe Ave. NW. Plans also call for a 627-space parking deck in the middle of the property between the two apartment buildings.

Don Shoemaker, principal at Franklin Partners, and Tom Tooley, executive vice president at Grand Rapids-based architecture firm Ghafari Associates LLC, presented the development plan on Wednesday night at a Creston Neighborhood Association meeting.

“We think this is a great opportunity to turn an empty lot into a vibrant community that’s going to add residents to the Creston Neighborhood and help support the businesses there,” Shoemaker said.

https://www.crainsgrandrapids.com/ne...redevelopment/