Grand Rapids, MI

7.5 Acre Site

Announced in May 2023, 1340 North Monroe will be transformed by a multi-phased residential project that, when complete, will deliver 526 new apartment units, making it one of the most significant housing proposals in Grand Rapids in recent years.

Purchased in 2015 with Avgeris & Associates, the 7.5-acre site is located in the Creston neighborhood, near downtown and neighboring the Grand River.  The former Display Pack, Inc. manufacturing facility will be demolished during phase one, preparing the site for the construction of half of the apartment units and parking deck that, once complete, will provide 627 new parking spaces.

The apartment mix will include studio, one- and two-bedroom market-rate units. The development will also provide open-air courtyards between apartment complexes containing shared patio spaces, a pool, hot tub, sports area, fire pits, and grills. The apartment structures will also include a fitness area and shared workspaces for residents.

The North Monroe corridor is transforming into the next hot spot in Grand Rapids, Michigan.  1340 N. Monroe is located across the street from the public access park that will be the headwaters for Grand River redevelopment, a true recreational amenity for the City.  This will be a favorite attraction for prospective renters, locals, and visitors, further driving the redevelopment of the North Monroe Corridor.

Property Details
  • East of the Grand River adjacent to the public access point
  • Close Proximity to Downtown Grand Rapids and the Creston Neighborhood
  • On-site parking