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grandmabetty78

Ledyard Building

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Does anybody know anything about the Detroit Developer who wants to do: 160,000 SF renovation to the Ledyard Building? Downtown GR?

I was unaware that it needed renovating. :dontknow: This is my favorite building.

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I was unaware that it needed renovating. :dontknow: This is my favorite building.

A quick search turns up:

"The Grand Rapids CBD also attracted strong

investor interest with the sale of three promi-

nent office buildings in 2005:50 Monroe

Place,The Campau Building and the Ledyard

Building.All three high-profile property sales

demonstrate and solidify the consensus that

Grand Rapids is a viable market allowing

investors a greater return on their dollar."

From the Grubb & Ellis 2006 real estate forecast.

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Actually, I believe the building was purchased by Three Oaks Group, LLC out of Ann Arbor. I know they have reroofed the building (a much needed improvement) and done some other improvements to the interior, but I've not heard of any large scale rennovation of the building.

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