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

Webster Community Center

Detroit,
MI
(2024)

Daycare and Early Childhood, FQHCs, Incubator

CDE(s): Michigan Community Capital, National Trust Community Investment Corporation, PNC

Breathing new life into Pontiac, Michigan, and offering an unparalleled blend of social services, educational programs, and cultural spaces designed to empower and enrich the lives of a community in

410 Broadway

Mount Pleasant,
MI
(2020)

Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Cinnaire New Markets, PNC

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI.

UP Paper

Manistique,
MI
(2020)

Business Development, Manufacturing, Rural

CDE(s): Michigan Community Capital

NMTC financing supported equipment upgrades for a recycled paper manufacturer and paper mill.

The Watershed

Sturgis,
MI
(2022)

Affordable Housing, Historic Rehabilitation, Mixed-use

CDE(s): Michigan Community Capital

Rural investment supporting attainable housing and social-enterprise.