Two real estate partners are developing a $20-million townhouse project in a Grand Rapids suburb.
Orion Real Estate Solutions, or ORES, a division of Grand Rapids-based Orion Construction, and Cusp Group are developing The Knoll Townhomes of Ada, a 72-unit project, at 1040 Spaulding Ave. SE.
Construction is expected to begin in April.
“Based on the feedback and neighborhood communications we’ve had, we feel the area is primed for investment,” ORES President John Wheeler said. “We’re grateful to the Ada Planning Commission and the Ada Township Board for their approvals. We thank the local neighborhood for the dialogue and input through the design process.”
ORES and Cusp Group will announce a formal groundbreaking, along with further details on floor plans, pricing and construction schedules, once site work is complete.
“We love this site, and our investment is supported by a fantastic public school system, area amenities and convenient access to the highway and downtown Grand Rapids,” said Michael Maier, president, Cusp Group.