Corewell Health scoops up 1-acre surface parking lot from MSU for $3.4M

Corewell Health bought a 107-space surface parking lot near its Grand Rapids office park and proposed housing development for nearly $3.4 million from Michigan State University.

The health system purchased the roughly 1-acre property at 601 Ionia Ave. NW on Oct. 10, according to online property records. Crain’s reported in June that MSU was preparing to sell the property, though a buyer had not been identified.

It’s as of now unclear how Corewell plans to potentially use the rectangular strip of land just north of I-196 and adjacent to the health system’s planned mixed-use, 125-unit housing project…

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