The Grove is a newly constructed Class-A community that resets the standard for luxury apartment living. The 320-unit, two-story apartment community is located along East Beltline Ave in Michigan’s fastest-growing metro area, Grand Rapids. Construction was completed in Q1 of 2022 and is nearing the end of its lease-up period. The northern portion of the Grand Rapids MSA continues to see business expansion and population growth. Year-over-year rent growth reached 9.2% for this submarket, with overall occupancy at 96.9%. This neighborhood offers a high standard of living while providing suburban conveniences and reasonable commute times to local major employers. Downtown Grand Rapids is the leading employment hub for the regional economy with a high concentration of life-science employees. In 1996, the Van Andel Institute founded the Medical Mile along Downtown Grand Rapid’s main thoroughfares, Michigan Street. Today, this section of downtown has expanded to include six major hospitals, medical facilities, and research centers. This includes the $479 million Spectrum Health Medical Campus (~31,000 employees) that is anchored by the Butterworth Hospital, downtown’s main hospital, and the only level one trauma center in Western Michigan. The development of the Medical Mile continues as this medical corridor has received over $2 billion in investments over the past 15 years. The Grove is the perfect landing spot for the continued in-flow of white-collar employees to this region.