As Supermercado Mexico moves forward with a $4.1 million project to add a fourth store by repurposing a vacant building on Grand Rapids’ southwest side, the Hispanic-owned retailer is readying for even more growth in the years ahead.
A Grand Rapids board has approved a developer’s request for $103 million in “transformational” tax capture incentives, advancing plans for what would be the first project in Grand Rapids to use the state funding tool.
GRAND RAPIDS — Developers behind the $150 million Factory Yards redevelopment south of downtown Grand Rapids plan to seek rarely used state tax incentives to offset substantial costs of the project.Developers behind Factory Yards, a 467-unit mixed-use redevelopment plan that was pitched to…