GRAND RAPIDS, Mich. — The Fifth Third Bank building, located at 130 Lyon Street NW, will be a first-of-its-kind office-to-apartment renovation in downtown Grand Rapids, CWD Real Estate says.
“Office demand has changed in the past four years, and clearly residential demand has surged,” says Sam Cummings, managing partner with CWD Real Estate. “There’s a lot of talk about the residential demand both downtown and Grand Rapids and West Michigan in general. So, if we can take the most of what we have and convert it to the most of what’s in demand.”
Cumming said that the need for more living space downtown continues to grow…