GRAND RAPIDS, MI — Last year, as construction cranes dotted the skyline and workers hammered away on new projects, Grand Rapids marked a new milestone: an estimated $560 million committed to new construction citywide.
That total, included in nearly 3,000 building permits filed in 2019, seems unlikely to be replicated this year. Amid the coronavirus pandemic, the number building permits filed with the city between January and August is down 18 percent when compared with the same time last year, city data show.
The value of the projects outlined in those permits is also down.
Permits filed between January and August of 2019 were valued at $390 million, compared with $199 million during the same time this year.
The coronavirus pandemic and the ensuing economic restrictions and fallout have greatly hampered the development industry.
“We’re having a more difficult year, but it’s not the kind of year that’s unheard of,”