News/Events

Developer builds with ‘missing middle’ workforce in mind

Posted: February 1, 2021

Arora wants to foster similar community connections in Holland Township, Grand Rapids, and the city of Wyoming for those he calls the “missing middle” — whose income is too high to qualify for subsidized Section 8 housing but can’t afford top-tier, market-rate apartments.

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$22M Felch Street apartment complex to break ground this spring

Posted: January 25, 2021

New York City-based real estate developer Magnus Capital Partners will break ground this spring on a new apartment complex in Holland Township near the Shops at Westshore.

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Studio 28 redeveloper reveals $22M housing project near Holland

Felch Street
Posted: January 22, 2021

The Zeeland native whose company is redeveloping the former Studio 28 site into workforce housing is now preparing to invest millions of dollars in a project closer to his hometown.

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$22M ‘workforce housing’ development planned for Holland

Felch Street
Posted: January 22, 2021

The development, known as HŌM Flats at Felch Street, is located on Felch Street west of 120th Avenue, and is expected to cost $22 million. It’s set to include a mix of studio, one-, two-, and three-bedroom units, some of which would be available at market rate prices while others would be reserved for low- to moderate-income residents.

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4 Easy Tips to Make Your Apartment Energy Efficient

Posted: November 18, 2020

To some, living in an energy efficient home starts and stops with single family homes. However, there are plenty of ways to reduce energy use in your apartment home. By using some of the following tips, residents can not only help the environment, but also lower their annual utility bills by as much as 30%! There are two ways for residents to realize these savings – purchase more energy efficient items or adopt  new habits.

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Developers Close on Financing for Mixed-Income Development in Michigan

Posted: November 3, 2020

The development of a 160-unit mixed-income apartment community took a step forward in Wyoming, Michigan.

Berkadia Affordable announced it has closed on the financing for HŌM Flats at 28 West Phase 2. The development will provide 132 units of affordable workforce housing and 28 market-rate units to families in a working-class suburb of Grand Rapids.

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Four Fall Favorites for West Michigan!

Posted: October 28, 2020

Fall has arrived in West Michigan! The leaves are changing color and reminding all of us of the natural beauty of Michigan. We have already seen some of our residents busy planning their fall activities and we wanted to recommend some of our own favorite activities to make the most of a West Michigan fall season:

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Additional 160 apartments planned for Grand Rapids-area housing development

Posted: October 27, 2020

GRAND RAPIDS, MI — A New York-based real estate development firm has begun construction on the second phase of a mixed-income housing development at the site of the former Studio 28 property in Wyoming.

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Additional apartments coming to HŌM Flats project

Posted: October 26, 2020

An additional 160 apartments will be built by New York-based Magnus Capital Partners on the site of the former Studio 28 movie theater on 28th Street in Wyoming after the developer was approved to begin the second phase of its HŌM Flats at 28 West project. 

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HO̅M Flats appeals with amenity-rich living at Studio 28 site

Posted: October 26, 2020

WYOMING, Mich. (WOOD) — A year after breaking ground, a $35 million housing development taking shape on the former site of Studio 28 is entering a new stage.

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PRESS RELEASE: Magnus Capital Partners Brings Additional 160 Affordable Apartments to Wyoming, MI

Posted: October 21, 2020

The new apartments will form the second phase of its debut project, HŌM Flats at 28 West.

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Home(Work): Finding Balance in a Virtual World

Posted: October 5, 2020

This year has brought changes to different aspects of our lives, making what were once everyday activities virtual. Finding this balance can be difficult, so we have collected some tips to try and make your residence the best office, classroom, and home it can be. 

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Make More Room In Your Wallet with HŌM Flats

All Properties
Posted: September 3, 2020

Our team is helping HŌM Flats residents find an extra footing in these challenging times by highlighting property amenities designed to promote financial security. This work is a natural extension of our mission to deliver high quality affordable housing and respond to the growing call for housing equity that we hear from residents, civic leaders and investors.

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VLOG: Introducing HŌM Flats at 28 West

Posted: August 18, 2020

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BLOG: Socially Responsible Housing: Combating the Crisis

28 West
Posted: August 11, 2020

Right now, the United States is facing an affordable housing crisis.

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Wyoming’s HOM Flats at 28 West providing workforce housing

In the News 28 West
Posted: November 21, 2019

The site of the former Studio 28 in Wyoming will soon be transformed into more than 200 apartments.

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Crews to break ground on new apartment complex in Wyoming

In the News 28 West
Posted: November 21, 2019

WYOMING, Mich. — The former Studio 28 site on 28th Street in Wyoming is going to be developed into a 226-unit apartment complex.

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Former Wyoming movie theater to become apartment complex

In the News 28 West
Posted: November 21, 2019

The former Studio 28 movie theater space on 28th Street will be transformed into an apartment complex.

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Large ‘workforce housing’ development to occupy former Studio 28 property

In the News 28 West
Posted: November 21, 2019

GRAND RAPIDS, MI — The vacant lot that once housed the Studio 28 movie theater in Wyoming will soon be abuzz with activity.

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Developers, officials hope Studio 28 housing project catalyzes more development

In the News 28 West
Posted: November 21, 2019

WYOMING — Developers of a $35 million housing project at the former Studio 28 movie theater property hope the development will be a catalyst for more activity in Wyoming.

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New apartments at former Studio 28 site bring hope

In the News 28 West
Posted: November 21, 2019

WYOMING, Mich. (WOOD) — New apartments will take over much of the space formerly occupied by the fabled Studio 28 movie theater in Wyoming.

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