Grand Rapids grocery store development gets $2.8M

Medical Mile stretches down Michigan Street in downtown Grand Rapids. (File photo)

GRAND RAPIDS, Mich. (WOOD) — A plan to bring a grocery store to Grand Rapids is getting financial backing from the state.

The Michigan Economic Development Corporation recently approved $2.8 million in funding through the Michigan Community Revitalization Program for the Diamond Place development on Michigan Street NE.

The $19.5 million investment includes creating 42 apartments and retail space for a 16,000 square foot neighborhood grocery store. Developers previously outlined plans to also add a bus station.

The MEDC says the development is expected to create the equivalency of 112 full-time jobs and will bring much-needed amenities to the area.

The Michigan Strategic Fund also approved $9.9 million in local and school tax capture for Grand Rapids’ Brownfield Redevelopment Authority to clean up and prepare the former Proos Manufacturing site for redevelopment.

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