Skip to main content

Grand Rapids' Medical Mile Grows with Incentives

Who:

The Medical Mile, Grand Rapids, MI

Industry:

Medical

Area of Law:

Economic Incentives, Real Estate and Construction

Results:

$20 million in incentives (brownfield TIF)

This $400 million development along the north side on Michigan Street in downtown Grand Rapids includes the Lemmen-Holton Cancer Pavilion, Michigan State University College of Human Medicine, medical offices and four levels of parking—2,400 spaces—for these institutions and others. Additional parking was necessary for the expansion of the Van Andel Institute and for the new Helen DeVos Children’s Hospital, which created and preserved hundreds of jobs.

How We Helped

Economic Incentives: $20 Million in Incentives (brownfield TIF)
Because of the difficulty in grading the site, construction of a parking ramp was almost cost-prohibitive. We worked with the city, state and the Grand Rapids SmartZone Board to secure sufficient incentives, including $20 million in brownfield tax increment financing (TIF) for the six-year project, which began in 2005.

Real Estate and Construction: $400 Million Aggregate Design and Construction Projects
We assisted the developer in assembling the various real estate parcels for the project. We collaborated with the developer, the City of Grand Rapids and neighboring owners to acquire the land and successfully complete the environmental aspects of the project. In addition, we coordinated with the city to connect the tunnels and skywalks over Michigan Street. Warner Norcross provided the construction, design and permitting contracts and counseled the expansion of the Butterworth campus, Helen DeVos Children’s Hospital, the Women’s Health Center and the Lemmen Holton Cancer Pavillion. We structured leasing and condominium contracts along with economic incentives and other legal documents to maintain multi-party relationships involved in the numerous projects.
 

NOTICE. Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you.

By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you.

Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.

ACCEPTCANCEL

Text

+ -

Reset