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terra firma

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Everything posted by terra firma

  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
  15. Pretty tough crowd around here---- for the record, the buildings we've done in that neighborhood recently had been for sale a long time...... some of you guys shoulda bought them and done it *your way*. Lots of armchair developers around here. The design brief called for maximizing square footage, without need for any variances under the zoning code, with some off-street parking as outlined by the City in this zone. Architecturally, I personally like to respect the past with proper restoration (650 wealthy, 619 wealthy) while blending in some new and fun -clean-modern looks. The new project at 620 is intentionally not trying to pretend to be an old building. It is new. Our architects did a great job meeting my requirements while building what made sense economically, with plenty of input from SEVEN different neighborhood associations. It takes several months to get through all that process--- it's hardly efficient -- the building you see rendered is the result of all of these inputs. And it's gonna look a whole lot better than the unused surface lot next to a derelict house that's been vacant for years ! Not everyone is going to like what we do--- maybe you'll come around after it's a completed project, contributing vibrancy to the street and helping clean up what is currently a mess. eric
  16. Pardon my absence here---- YES we received approval from the HPC on wednesday evening to construct the retail building you see above (thanks for posting those, grdad) and will be moving forward without delay. Greg Metz will have to wrap up final drawings now that we are approved, Andy Molesta from Terra Firma will oversee the project, which will be built by McGraw Construction as we have a lengthy and favorable relationship there. Site work and demo of the existing structure hopefully in September, then we'll get right into it. Building overall is around 3,100 Sq. Ft, and is divisible for 1-3 Tenants but our experience in this market area suggests we'll likely end up with two Tenants @ 1,550 each. It's nice to have some flexibility though. We have no Tenants secured for this, but several inquiries from various retail users both in and out of our existing market area. As we've learned about the Wealthy St corridor, 'if we build it, they will come.' It's been fun--- looking forward to getting this one started this fall ! Many thanks to this online community and the neighbors and neighborhood associations for the overwhelming letters of support for this important corner.
  17. Friends of Wealthy Street--- This afternoon, we are hosting a small party to introduce our concept and drawings for a proposed new project at 620 Wealthy St. SE (existing surface lot at the corner of Wealthy and James). Our gathering is very informal, and is being hosted by Wealthy St. Studios, in our newly-renovated project at 619 Wealthy St. Light appetizers, beer and wine while supplies last ! We'd love your input on our proposed development, and a chance to show you some of our other work in the neighborhood. Today (tuesday, June 26) from 4:00 - 6:00 pm Hope to see some of you there ! eric wynsma / terra firma development llc
  18. Anxious to see what happens with this one, awesome spot with a garage and parking area behind it: http://signatureassociates.catylist.com/listing/30216151/710-Wealthy-St-SE-Grand-Rapids-MI-49503
  19. Dixon has done many projects for us over many years. 180 Monroe (now owned by CWD) was built to a concept originally drawn by VIA design- the rest of the planning and architectural work was indeed done by Dixon.-- I still use VIA and Dixon both quite a lot. OK--- back to Wealthy Street...
  20. Thanks for your kind words and--- it actually goes back to the mid 90-s, , a few small projects and then the Brass Works project in 1998 We do hope to have an announcement here soon about more retail on Wealthy, on land we already own but will need some community support and municipal approvals; should have some renderings soon for you guys to look at / vote on. A local / home-brew juice bar / smoothie place indicating some interest in the last suite at 619 Wealthy- fingers crossed ! -eric
  21. We have secured a couple Tenants for 619 Wealthy. Fox Naturals (skin care etc) taking the east end, and a photography / art group taking the two west units. We have an offer from a florist for a center suite, and thus have 800 SF left for Lease.... We tried hard to push for local, street retail Tenants, and couldn't be happier with the mix that appears to be coming together. -eric
  22. Well, it wasn't quite that simple. They did 'stabilize' the east wall, and there was a new roof put on but---- they forgot to put insulation down first so we're going to peel the entire roof and start over. Shame on the previous roof contractor; it's unconscionably wasteful. Full interior demolition started the day we closed, and was followed by interior demising walls which needed much structural help, the floor load capacity was too low for any retail or assembly use so we ended up pouring all new footings in the basement and adding load-bearing walls to carry the floors. From there, new OSB floors to get things 'level' and we are retaining the open ceiling structure. Interior walls will be drywalled (or masonry repaired) except for the exterior 'character' walls which are clay tile and being left as-is in a tip of the hat to the raw character of the structure. All new utilities were brought in, as the building had zero functioning anything. Gas, electric, water, sewer..... starting over. New electrical, new HVAC, etc... Obviously all the windows and doors and storefronts are new, and the result is a very satisfying clean, bright appearance inside the building. Despite having done dozens of renovations like it, there's never a way to anticipate everything so it has gotten a bit expensive but---- it was a fun challenge and we're glad we did it ! Andy Molesta from our shop (and partner in the building) expertly managed the re-birth of this one in less than 70 days since our november acquisition---- we're not done yet but will start handing stores over to Tenants for their final finishes sometime in March. This one went more smoothly than our 650 Wealthy project, although slightly more costly in terms of $ per sq. foot. I will try to snap some pics and post them here shortly. We have some other ideas for the neighborhood, of course we'll continue to share them here first. -eric wynsma, terra firma development llc
  23. 619 Wealthy is next up for renovation, with HPC approval in hand, request in place for OPRA tax incentives and fresh ink on the Deed just hours ago. Our mission is to carry out the vision of our friends from the Bakery who have done a great job getting things in place for an expedited rehab. We won’t be doing the earlier proposed residential component here though- it’s a straightforward reno for 1-4 retail users. Do you like it better with awnings or without? Images courtesy Lott3Metz architecture / Greg Metz who makes this process look much easier than it is.
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