Village At Knapp's Crossing (ID: 1079026)

Business Description

We have the hottest land being developed in Michigan in Grand Rapids, MI. Just minutes from downtown Grand Rapids and the medical mile. This project is currently under construction and is scheduled to open in may 2010. The project is a upscale life-style center with regional mall type tenants through the property. This is a once in a lifetime opportunity. Over 6 years of planning and zoning approvals are in place to build a 300,000 sq ft retail development in the City of Grand Rapids and 150,000 sq ft of proposed retail development in the adjoining property in Grand Rapids Township. We are looking for a 50% joint Development equity partner. We have several Tenants to develop on the property. We have recently put in 4.5 million of infrastructure; roads, mass grading, signage, water main, sanitary, utilities, etc. The value of the city of Grand Rapids property is in excess of 15 million dollars and we will allow a 50% joint-venture partner available for 5.9 million for the approximate 26 acres in the City of Grand Rapids property. This is a ground floor opportunity as you would be in on the beginning stages from the first tenant with all the zoning approvals, bonds, infrastructures, curb cuts, signage in place ready to build tenants with the maximum upside income potential. We are looking for a serious investor to join as a 50% joint development partner within the next couple of weeks so we may begin construction on current tenant commitments. please call Ron at 616-460-9351

LISTING KEYWORDS: Village At Knapp's Crossing, under development, land, joint venture