GRAND RAPIDS, MI — A prominent West Michigan apartment developer is challenging a regional study that calls for 33,914 new housing units by 2029, saying the figure “is not based on history, facts or common sense.”
Dan Hibma, of Land and Company Apartments, said demand for that many units doesn’t align with projected population growth, and that there’s currently a 6% vacancy rate in the local rental market.
“We don’t need 33,914 units,” Hibma wrote in a Nov. 21 letter to the Grand Rapids City Commission…