GRAND RAPIDS, Mich. After nearly a year of construction, a new $10 million development is near completion at the corner Hall and Madison.

Southtown Square consists of two dozen apartments and 6,000 square feet of retail space.

Linc Community Revitalization, a local non-profit is spearheading the project.

Future tenants are excited, but so are other businesses in the Madison Square neighborhood on Grand Rapids southeast side.

The future housing tenants are moving in on Friday, but the retail space wont be completed for at least a month.

We know that children that have healthier homes and more stable housing do better in school. Theyre parents are more likely to stay at their jobs and just makes family life so much better when you have your housing needs met, said Jeremy Deroo with LINC.

Deroo said that the new development is just the latest investment in the Madison Square neighborhood.

This is a great addition to a neighborhood thats really been in a point of transition for years. The neighborhood has had over $30 million invested in the last four years or so, said Deroo.

Jung Park has owned OJs Enterprises across the street for more than 25 years. Park said that its a neighborhood that is riddled with crime.

Once in a while we hear these gun shots, shootings, things like that. A couple months ago we heard the gun shot outside in the parking lot and police came all over the place, said Park.

More:
$10 million development to open in southeast GR

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October 30, 2014 at 3:50 am by Mr HomeBuilder
Category: Retail Space Construction