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joeDowntown

Studio Park - $140 Million Celebration Cinema/mixed use project

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On 1/17/2019 at 10:50 AM, GR_Urbanist said:

I suppose I'm just not a fan of smallish windows like that along the sidewalk. Seems a bit out of place compared to the other buildings along that street, and may limit it to ever being anything other than a bank, law practice, or something like a dentist office. Something that will close at 5pm and be a dead space the rest of the evening. Also hate a building in the "corner" spot  of a block being so squat and not occupying the property at the corner

 

But I guess it isnt the worse thing that could ever have been built.

I like the building itself, very dignified and college-campusy, but agree it's on the wrong spot and a huge under-utilization of that corner.  Would rather see buildings like this over by GVSU.

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I'm a little confused. Has building A effectively been cancelled? This was the Franklin Partners building? 

 

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31 minutes ago, kwl said:

I'm a little confused. Has building A effectively been cancelled? This was the Franklin Partners building? 

 

Yes Franklin Partners canceled their planned building. 

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On 1/21/2019 at 1:07 PM, GRDadof3 said:

Yes Franklin Partners canceled their planned building. 

Indeed, though some office space is apparently still in the works.

As of January 19, 2019: https://www.mlive.com/news/grand-rapids/2019/01/new-tenant-coming-to-15-story-downtown-grand-rapids-office-building.html

"Also, in October, commercial real estate firm Franklin Partners backed away from its plans to develop a seven-story office building – aimed at attracting one of the region’s large employers to high-end space downtown – at the Studio Park development.

Studio Park is a $140 million movie, housing, hotel and parking development south of the Van Andel Arena. The developers behind the project still plan to include an office space component, though it will differ from what Franklin Partners envisioned."

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On 1/17/2019 at 10:08 AM, GVSUChris said:

So I’ve been think about the Chemical Bank spot a lot. They’re slated to move their office and branch to Warner Tower, which makes me wonder what’s next for this building/lot. It’s a nice sized piece of property and it seems like it could be worth a lot more than that little building. I could even see it being valuable to the adjacent properties. 

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Chemical Bank is merging with TCF and taking on the TCF name. It'll be interesting to see if their move to Warner tower coincides with the re-branding. 

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9 hours ago, Pattmost20 said:

Chemical Bank is merging with TCF and taking on the TCF name. It'll be interesting to see if their move to Warner tower coincides with the re-branding. 

I've been wondering the same thing. 

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53 minutes ago, GVSUChris said:

I've been wondering the same thing. 

Warner tower will be finished soon. I don’t think they are even looking at regulatory approval until Q3 this year.  My guess is that they will move in this year and rebrand in 2020.  

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On 1/20/2019 at 12:10 PM, RegalTDP said:

I like the building itself, very dignified and college-campusy, but agree it's on the wrong spot and a huge under-utilization of that corner.  Would rather see buildings like this over by GVSU.

One would have to imagine that property gets picked up with bigger plans down the line. Downtown is going to extend south, and that property could really help link it all together.

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Any rumblings or social media posts  hinting of any retailers coming to this project yet? 

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7 minutes ago, GRDadof3 said:

Any rumblings or social media posts  hinting of any retailers coming to this project yet? 

Having spoken with someone who does commercial real estate/brokering in town, tt sounds like this might be coming together for some beverage related things, but the entire process seems a little less coordinated and professional than you'd think (hope). The only thing I've heard a few times now is Starbucks. lol. 

Edited by GVSUChris

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1 hour ago, GVSUChris said:

Having spoken with someone who does commercial real estate/brokering in town, tt sounds like this might be coming together for some beverage related things, but the entire process seems a little less coordinated and professional than you'd think (hope). The only thing I've heard a few times now is Starbucks. lol. 

I actually think a stand alone Starbucks is a good thing for downtown to have.

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I think something like a Revel & Roll (Bowling/Arcade/Bar) would be great at this location.  There probably isn't enough space for that though.

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52 minutes ago, Floyd_Z said:

I think something like a Revel & Roll (Bowling/Arcade/Bar) would be great at this location.  There probably isn't enough space for that though.

That would be perfect second floor retail

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We were at New Hotel Mertens last night (great place), and it’s amazing how much the neighborhood is going to change. Ionia is going to have a great street level from Cherry to Fulton. I can imagine a “second wave” of improvements to some of the buildings involved in the original Cherry street landing. 

Joe

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14 hours ago, joeDowntown said:

We were at New Hotel Mertens last night (great place), and it’s amazing how much the neighborhood is going to change. Ionia is going to have a great street level from Cherry to Fulton. I can imagine a “second wave” of improvements to some of the buildings involved in the original Cherry street landing. 

Joe

Do you think that Purple East space will ever see a new tenant. :)

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38 minutes ago, GRDadof3 said:

Do you think that Purple East space will ever see a new tenant. :)

I'd love to know what happened to the proposed building on the parking lot of this building. I do think the Purple east space will get a new tenant / have investment put into the building (I'd being interested to see what the upper level looks like - it was built for a skate park, wonder how usable it is in its current form?).

I watched this building burn down back in the day (was it the Carl Forslund warehouse)? Total shame as the original warehouse was a cool old brick building. I had heard the fire wasn't exactly an accident... ;)

Joe 

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On 2/4/2019 at 8:57 AM, joeDowntown said:

I'd love to know what happened to the proposed building on the parking lot of this building. I do think the Purple east space will get a new tenant / have investment put into the building (I'd being interested to see what the upper level looks like - it was built for a skate park, wonder how usable it is in its current form?).

I watched this building burn down back in the day (was it the Carl Forslund warehouse)? Total shame as the original warehouse was a cool old brick building. I had heard the fire wasn't exactly an accident... ;)

Joe 

I had forgotten about that plan! 

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3 hours ago, GRDadof3 said:

I had forgotten about that plan! 

It was like a bigger version of the Purple East Building design. Hoping when something does happen, it's better than what was proposed. 

 

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On 2/1/2019 at 11:27 AM, jdkacz said:

I actually think a stand alone Starbucks is a good thing for downtown to have.

Agree, a SBUX there would be a solid affirmation of the south of Fulton neighborhood and the project generally.   SBUX has had their share of closings, but these days are different than 10 years ago where they'd put them anywhere they could fit them in  (especially in the U.S.).

With Lantern Coffee around the corner and then the announcement of New Hotel Mertens Bakery yesterday, that would be quite the cluster of coffee-type shops all close in to each other-- then again when compared to other GR neighborhoods "just" three coffee shops might be fewer than usual!

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