Diamond Place

Grand Rapids,
MI
(2016)

Diamond Place

Affordable Housing, Community, Housing, Mixed-use, Retail

Renovation of a bighted, contaminated former industrial site into a mixed-use, mixed-income community featuring new fresh food market and other retail ammenities.

Investment

NMTC Amount: $9,000,000
Total Project Cost: $19,416,174

IMPACT

116 FTE jobs
343 construction jobs

CDEs

Chase, Cinnaire New Markets

Investor

Chase

Project Description

Finance renovation of bighted, contaminated former industrial site into a mixed-use, mixed-income community featuring new fresh food market and other retail ammenities.

MAP

Address: 1003 Michigan Street Northeast, Grand Rapids, MI 49503

Census Tract: 26081002200

Other Michigan Projects

Woodard Lofts

Owosso,
MI
(2009)

Housing, Manufacturing, Mixed-use, Retail, Rural

CDE(s): Local Initiatives Support Corporation, Michigan Community Capital

Woodard Lofts involved the renovation of a manufacturing building into a mixed-use development with student housing units, office space and retail space

Flint YMCA/Harrison Block

Flint,
MI
(2023)

Healthcare, Nonprofit Hub

CDE(s): Michigan Community Capital, PNC

Mixed-Use YMCA Project will Revitalize Long-Vacant Property in Downtown Flint

Argonaut

Detroit,
MI
(2008)

Adult Education, Business Development, College or Vocational Training, Community, Incubator, Manufacturing, Mixed-use, Schools

CDE(s): Capital Impact Partners, Consortium America, Enterprise Community Partners, Local Initiatives Support Corporation, National New Markets Fund, USBCDE

Conversion of a historic GM building into a 760,000 sq. ft. mixed-use educational facility.

Zeidler Tool & Die Co

Fraser,
MI
(2017)

Business Development, Manufacturing

CDE(s): Midwest Industrial Redevelopment Fund

Business financing for a tool and die manufacturer.