Developer unveils 14-story apartment tower for downtown GR

Date: July 11, 2013

20 Fulton Street.jpgThis rendering shows how the proposed apartment project will look from the corner of Division and Monroe Center NW. 

GRAND RAPIDS, MI – Housing developer Karl Chew unveiled plans for a 14-story 108-unit apartment tower at 20 E. Fulton Street in downtown Grand Rapids on Wednesday, July 10.

It’s the largest project yet for Brookstone Capital, Chew’s Midland-based company that has eight housing projects either completed or underway in the city’s downtown, Heartside Neighborhood and Southeast Side.

Chew said his $35 million to $40 million project will include 54 market rate units and 54 affordable housing units that will be eligible for low income housing credits from the Michigan State Housing Development Authority.

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