Orion has begun construction of a $72 million mixed-use development in the heart of Grand Rapids that adds a new office tower and hotel to the downtown mix.
When it opens in 2019, the project will transform a surface-level Ellis Parking lot at 150 Ottawa Ave. into a 15-story office building and a 12-story hotel. The team celebrated a groundbreaking ceremony today at 11 a.m. with anchor tenants Warner Norcross & Judd LLP, Chemical Bank and Hyatt Place. Orion has mobilized the site at the corner of Ottawa Avenue and Pearl Street for what will be the company’s largest development to date.
“This groundbreaking event is the culmination of years of collaboration between the landowner, our tenants, lenders, investor partners, the Downtown Development Authority, Downtown Grand Rapids Inc., the city of Grand Rapids, the Michigan Economic Development Corporation and the entire Orion team,” said Orion Real Estate Solutions President John Wheeler. “Today marks the beginning of construction. In two years the city will have a landmark block of offices, restaurants, hotel, parking structure and support services that will employ hundreds of people in the urban core.
“Orion is very proud of this project and is thankful to all of those involved to make it a reality.”
The development will feature two separate buildings: The Warner Building, a 291,549 square-foot, 15-story office building; and Hyatt Place Grand Rapids – Downtown, a 114,312 square-foot, 12-story select-service hotel.
“Since our law firm was founded nearly 90 years ago, Warner Norcross has always had offices in downtown Grand Rapids,” said Managing Partner Doug Dozeman. “We are committed to maintaining a strong presence in the Central Business District and very pleased to be the anchor tenant in the new Warner Building.
“In everything we do, our goal is to provide exceptional client service. Working with the development team gives us the unique opportunity to design more efficient space that fits the way the practice of law is evolving to better serve our clients.”
Chemical Bank’s Regional President Joel Rahn said: “Chemical Bank is excited to be at the point that we need to consider a larger footprint in downtown Grand Rapids. The additional space will allow us to bring more of our regional management team together in one location in the heart of the city’s Central Business District.”
Orion will begin site work and underground utilities immediately. The footings, foundation and parking decks will be poured first, followed by the installation of a 22-story tower crane which will remain for the duration of the project.
The Hyatt Place hotel footprint will serve as a staging area for the office building steel equipment. Construction will begin on the hotel once the steel is in place on the office building.
“This project involves revitalizing a surface parking lot, which is not the most effective use of space in the city’s core,” said Concept Design Vice President Tom Tooley. “Building a mixed-use structure benefits Grand Rapids in a multitude of ways, such as providing a new Class A office building, keeping a major tenant in the core, establishing a new hotel brand for our downtown, adding a more efficient parking structure and establishing new retail and restaurant space.
“We are proud of this project as it is an exciting addition to our downtown skyline and creates a vibrant pedestrian experience for the entire downtown.”
Orion Construction Inc.
Orion, founded in 2000, is a multi-service construction company and development firm in West Michigan with a mission of revitalizing urban cores and local economies through high quality new construction, renovation, restoration and design/build services. The firm specializes in mixed-use development, industrial, institutional, retail and multi-family construction. Orion is widely recognized throughout Michigan as a leader in developing successful public/private partnerships and working with neighborhoods and local governments to achieve mutually beneficial and economically sustainable projects. Visit www.orionbuilt.com
Warner Norcross & Judd LLP
By providing discerning and proactive legal advice, Warner Norcross & Judd LLP builds a better partnership with its clients. Warner Norcross is a corporate law firm with 216 attorneys practicing in eight offices throughout Michigan: Grand Rapids, Southfield, Macomb County, Midland, Muskegon, Kalamazoo, Holland and Lansing. To learn more, follow us on Twitter @WNJLLP or connect on LinkedIn.
Chemical Financial Corporation is the largest banking company headquartered and operating branch offices in Michigan. The Corporation operates through its subsidiary bank, Chemical Bank, with 249 banking offices located primarily in Michigan, northeast Ohio and northern Indiana. At March 31, 2017, the Corporation had total assets of $17.64 billion. Chemical Financial Corporation's common stock trades on The NASDAQ Stock Market under the symbol CHFC and is one of the issuers comprising The NASDAQ Global Select Market and the S&P MidCap 400 Index. More information about the Corporation is available by visiting the investor relations section of its website at www.chemicalbank.com
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of March 31, 2017, the Company's portfolio included 708 properties in 56 countries. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. For more information, visit www.hyatt.com