Troy developer wants to convert three vacant Grand Rapids schools to apartments

A report on WZZM-13 says three Grand Rapids Public Schools could become apartment buildings pending final negotions with an interested Troy, Mich. developer.According to excerpts from the story:Three former Grand Rapids schools may become new apartment buildings. A developer based in Troy, wants to buy Oakdale, Lexington and Eastern Elementary schools and turn them into rental properties. The developer has offered $1.6 million for the three buildings which were listed for a combines $2.1 million. School officials say the offer is in the early stages but it is a valid proposal.Read the complete story here.