Twenty-six urban loft apartments will soon grace the upper floors of two prominent buildings in Grand Rapids' burgeoning entertainment district. 616 Development, sister company to 616 Lofts
, will create the lofts by combing 1 Ionia SW and 7 Ionia SW, the buildings that run a half block south from the corner of Fulton St. and Ionia SW.
Last year, Derek Coppess, owner of 616 Development and 616 Lofts, announced plans to develop urban lofts in little pockets around the city, beginning with 25 lofts at 139 Pearl St. NW and 206 Grandville Ave. SW. Now, he's ready to move ahead with a new $7.5 million plan.
The project will combine the two buildings on Ionia into one 50,000-square-foot mixed-use center that features the apartments on floors three, four and five, commercial tenants on floor two and the historic Grand Rapids Brewing Company will occupy the entire main level, including the former My Bar space. See Grand Rapids Brewing Company story here
The tenants already on the second level, Conduit Studios
and The Judson Group
, will stay. Perception Gallery on the main level will relocate.
"One Ionia is five stories and 7 Ionia is four-and-a-half stories, so we will remove the floor between floors four and four-and-a-half and will make seven two-story units within that space," Coppess says. "The apartments will have windows overlooking either Ionia or Fulton and the Van Andel Arena [to the rear of the building]."
Coppess says construction will start within 30 days.
Design and construction: First Companies
Source: Derek Coppess, 616 Development; Chris Knape, SeyferthPR
Writer: Deborah Johnson Wood, Development News Editor
616 Lofts announces 65 new loft apartments for downtown Grand Rapids