City Building Tools
The State of Michigan, the City of Grand Rapids and Downtown Grand Rapids Inc offer a variety of performance-based incentives to developers, entrepreneurs and companies undertaking projects to grow and enhance the urban core. Here below is a list of major and commonly used public sector tools available to support the growth of Downtown.
Retail Business Incubation Program
The GR Forward community planning process revealed considerable demand for more retail options in Downtown Grand Rapids. Attracting retail tenants that provide goods or services currently not available or underserved in the Downtown area emerged as a particular priority, with an emphasis on locally-owned businesses that strengthen and diversify the mix of Downtown retail offerings.
This Retail Incubation Program, funded by the Downtown Development Authority, supports creative strategies and partnerships that effectively and measurably advance on the community’s goal of growing a thriving Downtown retail market.
Downtown Enhancement Grant
Financial assistance to enhance projects in Downtown Grand Rapids that furthers the community goals established in GR Forward and the organizational goals of Downtown Grand Rapids Inc.
Projects within the Downtown Development Authority's (DDA) boundary are eligible for the Downtown Enhancement Program. The DDA will fund project elements and enhancements beyond what is required by the City of Grand Rapids, and which are deemed to be publicly owned, including but not limited to the following elements:
- Accessibility Enhancements for Persons of all Abilities
- Bicycle and Multi-Modal Facilities
- Public Art
- Others as Approved by Review Committee
Brownfield Redevelopment Authority
Supports the redevelopment of blighted or contaminated properties. Managed by the City of Grand Rapids, the Brownfield Redevelopment Authority can reimburse the costs of demolition, environmental cleanup, site preparation, parking, and other property improvement activities.
Community Revitalization Program
Promotes the redevelopment of brownfield sites and historic properties located in traditional Downtowns. The Michigan Economic Development Corporation manages the program. Applicants apply to the Michigan Strategic Fund Board.
Development Support Program
Provides financial assistance to help private development projects achieve high quality public facilities such as plazas, streets, walkways and parks. The policy, administered by the DDA, is designed to leverage private investment and catalyze economic growth in the central business district.
Obsolete Property Rehabilitation Exemption
Encourages the redevelopment of older buildings into commercial and mixed-use structures. Exemption requests are considered by the Grand Rapids City Commission and State Tax Commission.
Redevelopment Liquor License
Supports commercial redevelopment and expanded dining and entertainment options in targeted urban areas.
Smart Zone Grand Rapids
Supports the growth of technology-related or research-oriented businesses and employment opportunities. The City of Grand Rapids manages the Smart Zone.