Development activity & Project files
Bailey Center – East Lansing, Michigan (can be used on both Construction and PKD’s page)
PK partnered with a nonprofit, Capital Area Housing Partnership, to redevelop the vacant and underutilized 1920-built Liberty Hyde Bailey School in East Lansing. The development includes 30 senior apartment homes, 25 of which are affordable, as well as a 7,700-square-foot day care center, a community performance art space and several commercial office spaces on the first floor. The Bailey Center is financed in part by low-income housing tax credits and was made possible through strategic partnerships. Renovations of this building were complete in May of 2018 by PK Construction.
Diamond Place – Grand Rapids, Michigan (should be included in only Development’s page)
Diamond Place was made possible by one of our most active partnerships with Third Coast Development. Third Coast has local expertise and demonstrated experience in commercial and residential development and leasing in the Grand Rapids market. In partnership with Third Coast Development, PK completed a large-scale mixed-use, mixed-income community at the northeast corner of Michigan Street and Diamond Avenue in Grand Rapids. Diamond Place is the redevelopment of a large, blighted brownfield site on a key corridor in Grand Rapids into 165 apartment homes and over 10,000 square feet of commercial space including a GFS Market, Giza Sushi & Ramen Bar and Tropical Smoothie Café. Our development team worked closely with the community to meet two primary needs: affordable housing in a neighborhood where market rent has been increasing and causing gentrification and a fresh-food grocery store in a USDA-qualified food desert. Diamond Place was financed with both low-income housing tax credits and new market tax credits, developed in partnership with Third Coast Development, and constructed by Pioneer Construction.
Flint Marketplace – Flint, Michigan(should be included in only Development’s page)
The Flint Marketplace project is a redevelopment of a vacant, blighted structure into urban mixed-use, mixed-income housing. Located in downtown Flint, the project is helping to bolster both market-rate and affordable housing opportunities in close proximity to employment centers of the city. The project includes 75 apartment homes, 18 townhomes and 4,600 square feet of commercial space. The project is financed with low-income housing tax credits, the Community Revitalization Program at the Michigan Economic Development Corporation (MEDC) and a philanthropic investment from our project partners, Uptown Reinvestment Corporation. PKD has formed strategic partnerships in Flint with the Mott Foundation and the Uptown Reinvestment Corporation to create the Flint Marketplace development, set to be completed in December 2019. This project is being constructed by Flint’s own DW Lurvey Construction.
Leo & Alpine – Grand Rapids, Michigan(should be included in only Development’s page)
Leo & Alpine is a transit-oriented redevelopment project situated on a formerly underutilized brownfield site. The project is a mixed-income community consisting of 36 apartment homes and approximately 2,250 square feet of commercial space split between two storefronts. The development, financed with low-income housing tax credits, has increased density as well as provided affordable housing and new employment opportunities along an important corridor in the city of Grand Rapids. Leo & Alpine was developed in partnership with Third Coast Development. Third Coast has local expertise and demonstrated experience in commercial and residential development and leasing in the Grand Rapids market. This project was completed in Spring of 2019.
Rainer Court – Detroit, Michigan(can be used on both Construction and PKD’s page)
Rainer Court is a historically preserved and rehabilitated 36-unit apartment building located in Detroit’s Midtown neighborhood and completed in 2015. The property was originally built in 1923, with 56 units. The property has been operating as an apartment complex since its original construction. The property includes approximately 1,800 square feet of garden level retail space.The project was developed in coordination with Midtown Detroit Inc.
Rainer Court was the first of its kind for PK Construction, completed in 2015. The company’s past had been in mostly moderate rehabs of rural properties, a historic rehab in Detroit’s Midtown was different than the usual.