Luxurious residential units soon to be available on 15th floor of historic high-rise
Would you prefer to look down on Rosa Parks Circle, the central business district or the Medical Mile? That’s the question McKay Tower officials are asking individuals that have expressed interest in living in the historic high-rise in the heart of downtown Grand Rapids.
This week McKay Tower announced that a total of three fully-furnished apartments on the 15th floor will become available for rent. One apartment, a 1-bed/1-bath unit, recently went on the market. All have spectacular views of downtown Grand Rapids and access to a residents-only rooftop deck.
In addition, each apartment will have short- and long-term lease options, free internet access, free utilities and washer and dryer laundry closets.
“McKay Tower is a cornerstone of downtown so we welcome the chance to offer luxurious living space for those that want to live in the center of it all,” says Chaundra Derks, Operations Director for McKay Tower’s owner Steadfast Properties, LLC.
The first unit, which recently went on the market, is an 850 SF, 1-bedroom, 1-bathroom fully furnished space that overlooks the northern portion of downtown. Monthly rent is set at $2,000.
The remaining two units, which are expected to be available by summer, are 2-bedroom, 2-bathroom and range between nearly 1,900 and 2,200 SF. Monthly rent for the both will fall between $4,000 and $5,000.
Each apartment will be fully furnished and designed by noted Grand Rapids interior designer Kathryn Chaplow.
Tony Pearson, of True North Real Estate, is handling the rental listings for McKay Tower.
McKay Tower officials will consider renovating former office space on the 14th floor into apartments should there be demand.
“McKay Tower has a connection with people that enjoy the location and charm, so we’ll consider renovating additional units as demand dictates,” Derks adds.
For more information on renting the apartments, please contact Tony Pearson at True North Real Estate at (616) 780-0035 or firstname.lastname@example.org. The listing for 1-bedroom apartment can be found by clicking here.
Steadfast Property Holdings, investor and owner of historic McKay Tower, announces the hiring of Owen-Ames-Kimball Co (O-A-K) to oversee “The Ballroom at McKay” construction renovation project. As Construction Manager, O-A-K brings an impressive portfolio of downtown Grand Rapids construction experience with a unique interest in this particular project.
Founded in Grand Rapids in1891, O-A-K shares more than a zip code with the iconic downtown building.
“Our company built the original two-story building, then known as Grand Rapids National Bank, in 1915, and we also built the twelve stories that were added in 1925,” says President, Frank Stanek. “Our history is really important to us at O-A-K. What a great opportunity this is to continue the story that our founder’s helped write nearly a century ago.”
The 9,000 square foot renovation of McKay Tower’s second floor was approved by the Grand Rapids City Planning Commission in November 2012. The building is located at 146 Monroe Center NW, Grand Rapids, MI 49503.
McKay Tower’s former 2nd floor bank to be state-of-the-art banquet space
The City of Grand Rapids Planning Commission today approved a Special Land Use permit for the owners of McKay Tower to renovate the building’s second floor into a public banquet space called “The Ballroom at McKay”.
The proposed space, which is the former banking lobby on the second floor of McKay Tower, is intended to be used for special events such as wedding receptions, business meetings, holiday parties and banquets. The space, which intends to offer alcohol service, will accommodate approximately 200 guests.
Owners of the building intend to begin renovations immediately and hope to have the space open for business by spring 2013. The project will cost approximately $800,000.
Craig Architects of Grand Rapids is the project architect. A general contractor has not yet been selected.
Building owners intend to retain the stately beaux-arts interior with a minimum of technical interference. New toilets for men and women will be constructed, as will a commercial kitchen for catering.
“McKay Tower is a centerpiece of downtown Grand Rapids, so it’s only fitting that there be a public space for everyone to enjoy,” said Chaunda Derks, Director of Operations for Steadfast Property Holdings, the company that owns the building. “We hope that this project is viewed as a welcome addition to the City in that a vacant grand space will be returned to use for the enjoyment of the public.”
Individuals and organizations interested in learning more about renting the space can contact Derks at (616) 419-5442. A website for the banquet space is in development.
This investment by Steadfast is one of several renovations to the historic building. Façade improvements are currently undergoing, and changes to the building’s upper level residential areas are being considered. More information on the building will be made public in 2013.