Factory Yards

Overview

Factory Yards represents one of the most significant adaptive reuse projects in Grand Rapids. This large-scale mixed-use development transforms a historic industrial complex into a vibrant neighborhood featuring residential, retail, and commercial spaces.

Investment Thesis

The project capitalizes on Grand Rapids' growing demand for urban living combined with the city's strong preservation incentives. By combining adaptive reuse of historic structures with strategic ground-up development, the project achieves an attractive cost basis while creating a distinctive sense of place.

Development Highlights

• Historic industrial complex transformation
• Mixed-use program with residential, retail, and office
• Complex capital stack utilizing multiple incentive programs
• Public-private partnership structure
• Phased development approach reducing execution risk