The Woda Group has purchased the former Ryder Truck terminal at 936 Front Street along the Grand River in downtown Grand Rapids, Michigan. Woda recently announced its plan to use the land for Grand View Place, a 68-unit residential building.
Grand View Place will be the first major residential development in the existing commercial and industrial sector of the Grand River between the 6th Street Bridge and Leonard Avenue.
The recent prioritization of the Grand River Restoration Project has triggered even greater emphasis on transitioning this area toward mixed use development by both the city and private sector.
NAI Wisinski of West Michigan broker, Stan Wisinski, represented the buyer.
