New Markets Tax Credit Coalition

  • Grand Rapids,
  • MI
  • (2011)

Blue35 | LiquidSpace

District: Hillary Scholten (D-MI03)

Construction and rehab of office and retail space into an innovative space designed to foster collaboration, inspiration, and results.

Investment

  • NMTC Amount: $6,337,500
  • Total Project Cost: $10,994,921

IMPACT

  • 142 FTE jobs
  • 112 construction jobs

CDEs

Investor

Project Description

Construction & Rehab of office & retail space: Located in the heart of Grand Rapids’ entertainment district, Blue35 is an innovative space designed to foster collaboration, inspiration, and results. The neighborhood is in close proximity to Grid 70, in a highly walkable and features nearby coffee shops, restaurants, and other downtown businesses. Blue35 is home to companies large and small, from solopreneurs in the coworking space to tenants who’s offices feature full-floor build-outs.

MAP

Address: 35 Oakes Street, Southwest, Grand Rapids, MI 49503

Census Tract: 26081002000

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