News/Events

$22M ‘workforce housing’ development planned for Holland

Felch Street
Posted: January 21, 2021

HŌM Flats at Felch Street is the product of Magnus Capital Partners, a New York-based real estate development firm led by Zeeland-native Vishal Arora. His firm is behind a similar mixed-income housing development in Wyoming at the former Studio 28 property, as well as a planned 240-unit apartment project at 3059 Lake Michigan Drive NW in Grand Rapids.

“HŌM Flats at Felch Street demonstrates that community and private stakeholders are committed to the development of high quality workforce housing to accompany an unprecedented period of economic growth that has left many renters seeking better options,” Arora said in a statement.

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