WMU board approves sale of Grand Rapids East Beltline property for $6.25M

GRAND RAPIDS — The Western Michigan College Board of Trustees voted unanimously on Friday to promote the varsity’s 11-acre property situated alongside East Beltline Avenue Southeast for $6.25 million. 

The Grand Rapids campus served as one in all Western Michigan College’s (WMU) regional websites and was used for educational functions and to host conferences. The property is situated close to Calvin College at 2333 East Beltline Ave. SE and accommodates a 38,000-square-foot constructing. 

“(The East Beltline campus) was closed in 2020 as we checked out COVID-19 and our wants in Grand Rapids,” mentioned Board Treasurer Jan Van Der Kley. “The strategic resolution was to consolidate within the downtown facility and for that to be our flagship (location).”

WMU’s satellite tv for pc campus in downtown Grand Rapids is situated at 200 Ionia Ave. SW. The situation is WMU’s largest regional location for WMU with greater than 1,500 college students.

Grand Mere Growth LLC has provided to purchase the property as is for $6.25 million. The college is working with a dealer to assist with the sale, and it was deemed a good market value, Van Der Kley instructed the trustees through the Sept. 17 assembly. 

“The acquisition settlement is underway and hopefully it is going to be finalized subsequent week,” she mentioned. “Most of the phrases have been agreed upon.”

Greater ed consolidation

The sale approval is the newest amongst greater training buildings which have been put available on the market previously couple years as a part of consolidation strikes. 

The Western Michigan College Cooley Regulation Faculty constructing in downtown Grand Rapids was listed by the college in April 2021 for $19.8 million. WMU and Lansing-based Cooley Regulation Faculty launched a proper affiliation in 2013. The entities use the Grand Rapids facility for instructional functions however operations are being consolidated in Lansing as Western and Cooley start a three-year course of to formally finish their partnership. 

The City Institute for Up to date Arts additionally lately relocated from its former house at 2 Fulton St. SW in downtown Grand Rapids, which was listed for $8.7 million in 2020. The constructing remains to be available on the market. The transfer was due to monetary challenges compounded by the pandemic, UICA leaders have mentioned.

The Ferris State College board of trustees finalized a choice in June to maneuver UICA operations to the Woodbridge North Ferris constructing at 17 Pearl St., which is on the campus of Ferris’ Kendall School of Artwork and Design. A grand opening celebration on the new location was held on Sept. 9.

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