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terra firma

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About terra firma

  • Rank
    Whistle-Stop
  • Birthday 03/28/1967

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    http://www.terrafirmaprop.com
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  • Gender
    Male
  • Location
    Grand Rapids, MI USA
  • Interests
    Real Estate development and investment, industrial -- office --- retail

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1559 profile views
  1. yeah downtown. it’s called Stella’s. owner has several bar concepts, i’m just a landlord not a bar owner. his place w me is max’s south seas hideaway which is a tiki restaraunt— it is awesome
  2. that's a super cool idea. one of my tenants (Max's south seas hideaway) also has a video arcade bar downtown GR, he's the right guy for the job, I will ask him
  3. ^^ "fish mural" building @ 710 Wealthy St.... that one is us. We haven't closed yet, and we do not know who our eventual tenant will be-- purely speculative like the rest of our projects in this neighborhood. Historically, the building had two entry points and a center demising wall (read: two-Tenant bldg.) and when we engage our architect that is the path we will take. Due to the weird Covid-dampened retail leasing market, we will not be in any big hurry to start this one, but we know that eventually we'll wish we had .. thus we raised our hand for it. Any user ideas for us to pursue when we get rolling ? What does the neighborhood not have that it should ?
  4. Yeah, thanks Walker. It's a really cool business model, in what I consider to be the right area for what they're doing. I think they have a fairly big social media following, wish they had a bigger 'street presence' -- a sign or something, it is still a street-retail business after all. When you drive by it's hard to know what's happening in there. I wish them all the best of course and hope to see them succeed ! We do have another prospect looking at the other side of the building, but overall retail Leasing is pretty slow right now. I'm hopeful.
  5. Thanks GRD3. We're happy with how it turned out for sure, our friends at McGraw Construction got it done ahead of schedule and on-budget. To my amazement, NO tenants yet. Plenty of prospects, but nothing 'done deal' yet. We also think there could be a market for smaller buyers and so we are going to also list it as two separately available retail condo units. Sizes approx. 1500 SF. Perhaps there is an operator out there who would prefer to own than pay rent ? There's nothing for sale really in the neighborhood, other than un-renovated stuff that is very expensive and requires intensive renovation--- those aren't really ideal for someone trying to run a shop and be a hobbyist-developer at the same time. Maybe someone would like a ready-to-go suite they could purchase? Let's go test the market. eric
  6. Paul--- great to see your progress here and the continued enthusiasm for the block you were so instrumental in getting started. Full support from us for sure, we're watching with full interest and hope to see it happen ! eric wynsma / terra firma development
  7. There are probably many of us that would buy these properties, but when you look at 710 Wealthy ("the fish building") for sale @ $710,000 it really is not 'for sale'. I made the guy an offer a few years back, I really do not believe he wants to sell-- but I suppose at that number he would. His number is probably what it's worth after someone does a full-on renovation, there's really no room for a developer OR end user to have this make any kind of sense---- so there she sits---- it's frustrating to those of us who are invested in neighborhood improvement....
  8. Chris, we have no Tenants for this one. Purely a speculative project. What we've learned from our other 3 projects in the neighborhood is that marketing before "nearly complete" does generate interest, but it's a whole lot easier once people can see and feel what the end product will be like. SO--- we'll begin that process once we have a basic structure outta the ground. Currently, doing some sub-surface demo as we found a bunch of old concrete in the ground (from the old gas station days). Site work begins immediately thereafter, steel goes up next, etc. We like the idea of starting tenant buildout in June-July, but who knows how real that is. Therefore, we'll pause on the Tenant hunt. We like the idea of continuing our walkable, street front local retail theme as we did with 650 and 619. Not saying 'no' to a restaurant or pub but it's not our first choice for the area, if other (read: easier, simpler) options exist.... standby here for updates ~ eric wynsma
  9. Less than 5 hours, the whole building was gone... We're gonna roll straight into site work, and ideally, we will be ready to start doing Tenant buildouts beginning in June. Took us forever to get all the approvals, but all is well and here we go--- thanks for the interest.
  10. Article about Wealthy Street in MiBiz: https://mibiz.com/item/26160-wealthy-street-corridor-emerges-as-‘jewel’-of-gr-real-estate-market
  11. GRDad--- I consult with industry pro's on every project and generally stay out of the way on overall design--- I'm no designer or architect -- and perhaps x99 is God's gift to urban revitalization but his know-it-all style sucks and I dont care for the insulting nature of his words. OK--- enough on that. I'll move along now. Thanks for your interest.
  12. I had a long, lengthy, and overly academic explanation typed up That seems to be your style... As a developer, I don't expect you to know any of this, Yes, developers don't know what basic architectural fundamentals are. Obviously. When we go to developer school, they teach us to ignore these principles. unless you're also a historic preservation aficionado. Yes, I have a few historic preservation projects in my past. . You want traditional you call Dixon Architects in Ada, Finally we agree on something. I've done numerous historic renovation projects with Ken Dixon. For various reasons, I used Metz on this one and I could not be more impressed by their ability to help me "get away with" this design, per your earlier comment. They really are great to work with--- I'd say the same about Dixon of course. Both firms are awesome, for different reasons. Have you ever worked with either on any of your projects ? Next time around, don't be afraid to try something like that. Next time around, it sounds like I should just call you for permission on whatever I'm thinking about, since developers aren't "expected to know any of this" and such. Some of us are busy doing projects, others are busy 'instructing' from keyboards on the internet. The styling of this building reflects what we wanted, what the community said they wanted, what our architects designed, and what the HPC could / would approve. I'm pretty surprised the HPC didn't call you to ask what you thought !
  13. there’s always the argument that ‘enough money’ can fix it— but not here. this building was bad even before the fire. and since that time, much of the upper floor found its way downstairs, it is dangerous to walk through and cannot and should not be saved— one guy’s opinion here but with a bit of experience. a new 2-story retail down / office up or residential upstairs is the obvious answer.. I am nominating X99 and GRdadof3 !
  14. Hi Joe---thanks for your kind words... you've been around here many years so your opinion matters a lot, same for GRdad and many others here. We will continue our mission of trying to secure street-level retail, local business Tenants. We said no to a bunch with our previous buildings in that area--- chains, big cell phone shops with all their neon lights and stuff. We really want the same thing that (what I perceive as) everyone here wants to see. We are having conversations with boutique style clothing shops, local food operators some quasi-retail-office users, a residential design studio.... we have nobody secured it's purely a 'take the risk' scenario and we hope it'll be leased before we're done building it. I'm pretty busy with some industrial projects (easier, less drama, better returns, etc) so Andy will again be running this job along with architect Greg Metz and with McGraw Construction, it really is a dream team and as much as I like my industrial buildings its super fun to see these neighborhood projects and what they do as well. Very exciting. Who's got a vision for the Wild Bunch project ? Who's gonna buy that and do something cool ? What about 710 Wealthy ? These seem to be the glaring issues in the 'hood at the moment, at least to me... love to see the progress, and anxious to see what Paul Lee has up his sleeve here fairly soon as well -- as the pioneer of this neighborhood 10+ years ago, we need to support him too, we hear he's got some really cool ideas coming up ! thanks for your interest. eric wynsma, terra firma development llc
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