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BRA approves Act 381 work plan and DRRA for 1225 Plymouth Avenue NE redevelopment
Summary
The Grand Rapids Brownfield Redevelopment Authority approved an Act 381 work plan and authorized execution of a development and reimbursement agreement for a 48‑unit, roughly $10.5 million redevelopment at 1225 Plymouth Avenue NE, including about $1.75 million of eligible reimbursable activities and a 30% inclusion plan goal.
The Grand Rapids Brownfield Redevelopment Authority on Tuesday approved an Act 381 work plan and authorized the execution of a development and reimbursement agreement (DRRA) for the 1225 Plymouth Avenue NE redevelopment project.
Audrey, presenting the proposal to the board, said the project would deliver 48 units at an estimated total project cost of about $10.5 million. She said roughly $1.75 million of project activities would be eligible for reimbursement over a 12‑year capture period, with an additional five years of LBRF capture. The plan includes a 30% inclusion plan goal and a mix of one‑ and two‑bedroom units across three buildings, Audrey said.
The board moved to approve the resolution after the presentation and, with no questions from members, approved it by voice vote. The Chair announced the motion carried.
Why this matters: Act 381 work plans and DRRAs are tools the BRA uses to support redevelopment by authorizing local incentives and reimbursement structures tied to environmental and development costs. Those approvals allow the developer to proceed with local financing steps tied to the project budget and the stated inclusion plan goal.
Board members did not raise substantive objections during the meeting. The vote was taken by voice; no individual mover or seconder was recorded in the transcript. The BRA’s authorization clears a local step toward project execution; any additional steps (building permits, construction financing close) were not discussed at the meeting.
Next steps: The board approved the DRRA authorization and the work plan; the development team is expected to move forward with project execution consistent with the approved reimbursement plan and inclusion commitments.
