Grand Rapids Business Journal – April 16, 2020
The 24-story City Tower promised to be Wheeler Development Group’s next flagship project, but now COVID-19 and the ensuing shelter-in-place order for the state of Michigan has put the project on ice as the developers examine the next steps.
The city of Grand Rapids earlier this year entered a one-year agreement with Wheeler Development Group to conduct due diligence and negotiate a development agreement for the build site at 22 Ottawa Ave. NW in Grand Rapids, but with COVID-19 putting a stranglehold on contractors and architects, it looks like the process may take longer than expected.
“We were finalizing preconstruction, working with architects and engineers, so we can put that project to bid,” said WDG VP of Marketing Jason Wheeler. “All of our subcontractors are frozen, and we can’t just be forking dollars over to an architect until we know when construction is going to come back online.”
Read the rest here: https://grbj.com/news/construction/covid-throws-a-wrench-in-city-tower/