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Grand Rapids officials review $748 million transformational brownfield package for riverfront amphitheater, soccer stadium and housing

Grand Rapids City Economic Development Project Team · April 10, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented a transformational brownfield application that would redevelop more than 20 acres of riverfront land for an amphitheater, a soccer stadium and adjacent private development; commissioners pressed staff on inclusion targets, local hiring, transit and affordable-housing obligations required for state approval.

City staff on Tuesday updated the Grand Rapids Economic Development Project Team on a transformational brownfield application that would redevelop riverfront property for an amphitheater, a soccer stadium and related private development, with construction slated to begin May 1 and component completion targeted by 2028.

The presentation, led by Miss Wood and introduced by Mr. Kloster, described a package of projects covering more than 20 acres of riverfront land including an amphitheater (just over 10 acres) and a soccer stadium (about eight acres). Miss Wood said private contributions to the publicly owned assets total roughly $30 million and that the total project investment described in the application is about $748 million. "There will be no displacement as a result of the project," Miss Wood told commissioners, and she said the package includes riverfront trail improvements and new public access points.

Why it matters: The city said the proposal meets the local threshold for the state's transformational brownfield program (Grand Rapids's minimum is about $100 million private investment) and…

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