UPDATE: The Stone Falls of Ada Apartment complex has went up fast.
Our last post was in June. The units are up and some are occupied. Not
all units are completed yet. In the short video here, you can see the
approach to Stone Falls of Ada on Spaulding Ave and just how big this
complex is. There was a little excitement a few weeks ago when an empty
unit caught fire, the damage can be seen on our video tour.
I am leaving my original post, so you can the how fast the project has
went up.
Stone Falls of Ada Apartments
Original Post about Stone Falls of Ada:
A new 210 unit luxury apartment complex is taking shape in Ada, Michigan.
The new complex, named Stone Falls of Ada, is scheduled to be completed
in spring 2009. The Dayton Ohio based group that is constructing the
development, the Miller-Valentine Group,and their partners, Boston based
Cross Harbor Capital Partners LLC reports that the complex will have one,
two, and three bedroom apartments ranging in size from 856 square
feet to 1460 square feet. The location of the project is on the east side
of Spaulding Avenue just south of Fulton Street.
As you can see, construction is well under way. The buildings in the far
background are the Townhouses and condominiums of Clements Mill. This
part of the Clements Mill project was sold to be completed as apartment
dwellings. This is a fairly new feature in Ada Township.
Prior to this development 98 per cent of the homes in Ada Township were
single family residences. There are a lot of apartments in the Grand Rapids
area but very few in Ada. It will be interesting to see if Ada is attractive to
renters.
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2008 All rights reserved.
photo by Bonnie Westbrook