Recent data (up through September 2025) demonstrates a softening of rent growths. Rents increased 3% in 2024 - 2025 after a growth of 4% in 2023 - 2024 and a growth of 3% in 2022 - 2023; this is significant decline in growth from the inflationary years of 2020 - 2022 with growth rates of 12% and 10% respectively.
There has been a lot happening on the mobility front, ranging from a plethora of bike land and trail projects to a new state budget (public transportation).
This page is intended to be an index of information and content related to the Three Towers project.
UPDATES
2025-10-28: The project was not on the October 28th agenda of the Michigan Strategic Fund board. ¯\_(ツ)_/¯
2025-10-17: The project was mentioned at the end of the 2025-10-07 Grand Rapids Economic Development committee meeting (Youtube). Discussion there suggest the project has not substantively changed and that it will appear on the October 28th agenda of the Michigan Strategic Fund board. I assume that means that the office tower component is still included in the project. Commissioner Perdue asked if the residential unit counts, etc... have changed, and the answer seemed to indicate the negative.
Norm Van Eeden Petersman, the Director of Membership for Strong Towns, will be presenting on October 28th at the DGRi conference room (29 Pearl St NW Suite 1). The night's conversation will focus on safe and productive streets, multi-modal transportation, and how we can achieve positive incremental changes in Grand Rapids.
The municipal agenda for the Planning Commission meeting on 2025-10-09 is 👉here👈
735 Ritzema Ct. SW
The is a request for a Special Land Use (SLU) for the operation of a childcare and social services facility which is a use which requires special dispensation with the properties LDR (Low-Density Residential) zone district.
