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CHANCE FOR ACCUMULATING SNOW.
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GRAND RAPIDS BREWING
COMPANY IS NOW OPEN NEXT DOOR
THE VAN ANDEL ARENA.
THE DEVELOPER REHABBED THE
IONIA.
TONIGHT WE'RE FOCUSING ON
GROWING TREND DOWNTOWN,
RENOVATING OLD BUILDINGS
INSTEAD OF BUILDING NEW ONES.
RYAN TAKEO LIVE IN STUDIO
MORE ON THE TREND AND WHY IT
IS HAPPENING.
FORGET THAT WITHOUT THE
OLD STUFF.
REPURPOSING OLD BUILDINGS.
IT IS NOTHING NEW.
IT DID TAKE A BRIEF BREAK
DURING THE RECESSION.
TODAY I COUNTED AT LEAST NINE
DOWNTOWN PROJECTS.
SCENE IN THE DOTS RIGHT
THERE.
DEVELOPERS ARE REVITALIZING
ALL BUILDINGS.
Reporter: IF THERE IS A
FORMULA TO REHABBING OLD
BUILDINGS -- THE NEW NORMAL
KIND OF STARTED NOW.
Reporter: 616 DEVELOPMENT
THIS IS IT HAS FOUND A
SOLUTION MADE UP OF MANY USE.
RETAIL ON THE GROUND, FIS
AS A BUFFER ON THE SECOND
FLOOR.
Reporter: LIKE WHAT IS
LOFT.
FLOORS THREE, FOUR AND
FIVE WILL BE APARTMENTS AND A
ROOFTOP DECK.
Reporter: THE MIXED-USE
PLAN IS SIMILAR TO 1 AND 7
IONIA WITH GRAND RAPIDS
BREWING COMPANY DOWNSTAIRS,
OFFICE SPACE ONE FLAR UP.
APARTMENTS ABOVE THOSE.
MOST OF IT IS THERE.
YOU ARE DOING REHAB WORK
Reporter: GRAND RAPIDS
DIRECTOR TOLD US, PURPOSING
IS NOT ONLY CHEAPER THAN
BUILDING NEW, THERE IS
ANOTHER DRAW.
THERE IS OPPORTUNITY TO
BREATH NEW LIFE.
WE WERE ABLE TO SAVE
PIECES OF AN OLD BUILDING
THAT USED TO STAND HERE.
Reporter: WHICH IS WHAT
ROCKFORD CONSTRUCTION DID AT
70.
ONCE OLD HOTEL.
NOW AN OFFICE SPACE WITH OLD
FLAIR.
TO SEE SOME OF THE OLD
BUILDINGS THAT HAVE BEEN
ABANDONED FOR DECADES BROUGHT
BACK TO ACTIVE USE IS
PHENOMENAL.
THERE ARE TWO REASONS WHY
APARTMENTS ARE PART OF SO
MANY DEVELOPMENTS.
THERE ARE MORE PEOPLE LOOKING
TO RENT INSTEAD OF BUY AND
DOWNTOWN.
SURE.
YEAH.
PLACE.
EVER SINCE THE BOB STARTED IT
ALL, KIND OF, YOU KNOW, WITH
THAT RENOVATION, YOU HAVE
SEEN IT.
THE ATMOSPHERE DOWN THERE.
YEAH.
FOR PEOPLE LIVING THERE WHO
SAY IT IS TOUGH FOR THEM TOLL
YEAH.
THAT IS THE WHOLE POINT.
THANKS, RYAN.
WE'RE LEARNING SOME NEW
DETAILS ABOUT TWO OTHER
PROJECTS DOWNTOWN.
ONE IS THE MORTTON HOUSE.
THE FORMER LOW INCOME HOUSING
COMPLEX TODAY.
TODAY WE FOUND OUT THAT
ROCKFORD CONSTRUCTION IN THE
DESIGN STAGE NOW.
ROCKFORD PLANS THAT SAME
MIXED THUSE RYAN WAS TALKING
ABOUT WITH THE GROUND FLOOR
BEING RETAIL, SOME OFFICE
HOUSING.
AND WE ARE LEARNING WHAT
ACHIEVEMENT BUILDING.
S THAT WHAT THE CORNER THERE
AT FULTON ANDY VISION THEY
TELLS THAT YOU LOCUST
DEVELOPMENT IS LOOKING FOR A
RESTAURANT TO ANCHOR THE
GROUND FLOOR OFFICE SPACE AND
WOULD TAKE UP THE SECOND
LEVEL.
THATTING ABOUT HAS BEEN EMPTY
SINCE 1998.
WE GOT A MAP OF PROJECTS AND
THE DESCRIPTIONS OF THE NINE