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Partners building townhouse project in suburb

Published 3 / 30 / 18

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.

Orion Construction began work on the 10-acre site last month, with Grand Rapids-based Nederveld as the site engineer.

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.

Progressive AE is the architect for the development, and Grand Rapids-based Cusp Group will provide interior design. First National Bank of Michigan is providing financing for the project.