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38 Commerce Development

350 posts in this topic

Posted

GRBJ Breaking News:

Parking commissioners will learn about a potential new downtown development Thursday morning that proposes to combine a pair of mixed-use projects in two buildings with a city-built parking ramp in the Heartside Business District.The development has been pegged for Commerce Avenue and Weston Street, just south of Fulton Street and near the Van Andel Arena............The property is owned by a group of investors doing business as 38 Commerce LLC and is managed by Kelwin Properties, a local development company.

http://www.grbj.com/GRBJ/Nav/Login.htm?Art...9-1FEE3610AE60}

Anyone know any more? Seven story ramp = possible big project! The city seems to be jumping on board fast.

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Posted

The link does not work :(

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Posted

Fixed the link. I don't have a subscription, but does it include the entire block there all the way to Oakes? There was a rumor here on UP a LONG time ago that the old Maxies Bldg was going to be torn down and a parking ramp was going to go somewhere there along Commerce. I'll have to see if I can dig it up.

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Posted

Here are some additional quotes from the Business Journal:

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Posted

I wonder what the ratio of parking ramps to buildings is.

I'm the first to complain about parking, but it'd be nice if these could get incorporated under buildings, or as part of base levels, instead of being their own stand alone units.

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Posted

How many stories are we talking here, 68,000 sq ft in two buildings?

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Posted

This has been in the works for a while, and I spent a lot of time working on it last Spring (design and presentation graphics). I've been out of the loop on this since I left for school back in August, so it's nice to finally see some news.

All I'll say at this point is that this is a project that all of you UPers can get behind. Its going to be a very urban solution to the parking ramp problem. The concept presents mixed-use liner buildings, forming an inverted "L", around the North and West sides of the parking structure. You'll only see the parking structure from the south and from the alley to the east.

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Posted

Way cool!! I am excited for them to unveil the renderings!

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Posted

This has been in the works for a while, and I spent a lot of time working on it last Spring (design and presentation graphics). I've been out of the loop on this since I left for school back in August, so it's nice to finally see some news.

All I'll say at this point is that this is a project that all of you UPers can get behind. Its going to be a very urban solution to the parking ramp problem. The concept presents mixed-use liner buildings, forming an inverted "L", around the North and West sides of the parking structure. You'll only see the parking structure from the south and from the alley to the east.

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Posted

I almost forgot that I posted this little study model on flickr back in January... cryptic enough for ya?

362672427_3ea98bf234_b.jpg

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Posted

And I wonder where Winkelmann will go if/when their building gets demo'd? Says that they hope to begin construction in October (2008?).

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Posted

looks like 7 stories or so.

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Posted

I wonder if this parcel the city is talking about includes Sam Cummings land on Commerce?

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Posted

I almost forgot that I posted this little study model on flickr back in January... cryptic enough for ya?

362672427_3ea98bf234_b.jpg

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Posted

Sweet!

It looks like it's going to take up a chunk of that massive parking lot that ran between Commerce and Division.

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Posted

And MAU, you're right, DTS Winkelmann is at 62 Commerce. I was thinking they were at 38.

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Posted

The only thing that will happen to 62 Commerce is a loss of view to the north.

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Posted

I only hope it won't look so prison-like. The one that is opening right next to Cooley looks just awful. I couldn't believe it. The City has built such nice ramps before. They really dropped the ball on this one.

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Posted

Just received some more info on this. I'll have to comb through it for any additional tidbits, but here is the rendering and the site plan:

1895317518_edfceaaa33_o.jpg

That's one of the best looking parking ramps I've ever seen.

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Posted

A 12.7 million dollar parking ramp with 360 spaces would cost $35,277 per parking space.

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Posted

Some more info from the Parking Commissions packet:

) Parking ramp shall be designed and constructed, to accommodate a future

proposed elevated walkway to the east of the parking ramp. Such

accommodation is at the expense of Sandbox 45, LLC

) 38 Commerce also anticipates that the Liner Buildings within this project will be

developed according to LEED standards.

) City agrees to provide the Developer or its assignees at market rate up to 72

parking passes in the Parking Ramp at designated spaces adjacent to the liner

building entrances, and allocated approximately evenly among the ramp

levels

) City agrees to provide at market rate, Corl-Knott Building up to 18 parking

passes

From the proposed contract language:

20. It is recognized that the Developer

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Posted

This would be one of the best things to happen to Commerce Ave. yet! I don't even have anything to cry poopy pants about! The building looks nice and should compliment the ramp at cherry and commerce well. I'm more geeked about the fact that yes the Cherry/Commerce ramp will be public accessible, and not just for Cooley students (yes!) Now all commerce needs is a fresh coat of pavement. (Oh I just had to mention that one really.)

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Posted

1895317518_edfceaaa33_o.jpg

Now we're talking!

This is going to seriously energize that whole street.

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Posted

I'm surprised more people haven't weighed in on this. What does everyone think of the design?

I'm pretty optimistic that the city will approve this deal. They're covered if the developer defaults, and the parking ramp breaks even midway through year 3 based on their conservative pro-forma, and then starts making a pretty good profit after that.

They may raise concerns about the residential portion and the current housing market, but at 34,000 feet for the residential portion, that's not even half the size of Tall House and 240 Ionia, and it looks like it's only 35 units (counting balconies on the rendering). Let's hope they got the memo about making them "affordable". :) (scratch that, looks like it's only 28 residential units. Much more manageable).

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