Grand Rapids city commissioners Tuesday morning okayed a resolution for the Gilmore Collection and Orion Real Estate to move forward on a plan to construct a new 104-unit, 20-story residential tower that will be a part an expansion of the B.O.B., which would include a new entertainment venue.
The planned expansion of the B.O.B.—which has been in the works for years—has been delayed numerous times, most recently after two deaths from falls in a stairwell at the complex last year.
The development, being dubbed The Venue and The Venue Towers, will sit on the northwest corner of Monroe Avenue and West Fulton Street.
Orion will develop the residential portion, while Greg Gilmore will continue work on the entertainment portion, which will include a mid-level sized venue for concerts, trade shows and small conventions. Gilmore told commissioners they’d like to see at least 110 shows there per year.
The residential portion will include studio, one-, and two-bedroom units, with the top four floors planned for single-family home condominiums.
Groundbreaking for the project is slated for June of 2015, with construction set to be complete by the end of 2016, according to John Wheeler with Orion.