Martineau Division Oaks

The purchase and rehabilitation of several parcels on Division Avenue in Grand Rapids.

Investment

  • NMTC Amount: $8,616,967
  • Total Project Cost: $11,478,767

IMPACT

  • 5 FTE jobs
  • 75 construction jobs
  • 23 Artist Live-Work Units

Investor

Project Description

The Martineau Division- Oakes project involved the purchase and rehabilitation of several parcels on Division Avenue in Grand Rapids. Prior to the project, many parcels contained empty, dilapidated, two to three story buildings, including a building that had previously housed a reptile exhibit. One parcel was a vacant lot.

MAP

Address: 104 Division Avenue South, Grand Rapids, MI 49503

Census Tract: 26081002000

PDF Profile

Other Michigan Projects

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.
Mixed-use, including housing and commercial for GVSU Seidman College of Business.
American Process, Inc., utilized NMTCs to create 20 new jobs for a biorefinery project at its Alpena, Michigan plant site.
Construction and development of a 5-story, mixed-use building consisting of 68 residential units, parking and approximately 12,000 sq. ft. of ground floor commercial and retail space.