Business & Tech

$31M Condo Project Proposed For Rochester

The development is known as 412 Water after its downtown location.

ROCHESTER, MI — Downtown Rochester could soon see development of a 42-unit condominium complex. But first, developers are looking for the public’s input as to what exactly they would like to see in the $31 project. The development is known as 412 Water after its location.

Detroit-based Grandview Building Inc. is the project developer. Partner Joe Salome said a focus group-style meeting will be held at 5:30 p.m. on May 31 at the conservatory room at the Royal Park Hotel in Rochester for those interested in learning more about the project and sharing their opinions, according to an Oakland Press report.

“We’re trying to get a feel of what interests people and open up a line of communication,” Salome told the newspaper. “Maybe the community is looking for smaller units at a better price, or maybe they’d like to have a 2,000-square-foot space with three bedrooms. In terms of the exact size of the units, we’re not sure what the market wants, but the market does determine what people will buy, so we’re taking a shot at this.”

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As currently envisioned, the development will consist of three, four-story buildings with about 14 units per building and enclosed parking on the first floor. An RSVP is required to attend the focus group and can be found at 412water.com.

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“If you look at the market trends, people aren’t looking so much for the big home in the suburbs as much as they used to, and the tail-end of the baby boomers are looking to move out of their larger homes to somewhere where they have less maintenance and more freedom of movement in the pedestrian aspect,” Salome told the Oakland Press. “You see that of course in areas like Royal Oak or Birmingham, but we haven’t seen it break out like that in Rochester yet.”

Photo courtesy of Grandview Building Inc.

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