GRAND RAPIDS, Mich. (WOOD) — A new apartment complex by the intersection of Wealthy Street and Division Avenue has moved in its first few residents.
Located at 90 Wealthy Street by Sheldon Avenue, the development offers 58 apartments — a mix of studios, one-bedrooms and two-bedrooms — across two buildings.
The units are all market rate, affordable to those making 80% to 110% of the area median income, Cella Building Company President Peter Skornia said.
“We’re a perfect fit for young professionals moving into Grand Rapids, maybe people (that) work for the hospital, people that work downtown. Great opportunity to be close to everything that Grand Rapids has to offer,” he said.
Skornia said his company liked the location of the property, which is close to downtown and two hospitals, Mary Free Bed and Trinity Health.
Apartments planned for vacant lot near Wealthy and Division
Ryan Podvin, the chief financial officer for Mary Free Bed Rehabilitation, said in a release that staffing challenges in the health care industry are “exacerbated” by the housing crisis.