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How to Buy A Luxury Downtown Grand Rapids Condo Without A Tax Bill...Call Lola Audu!

Grand Rapids Van Andel Arena Whether you're driving or walking through downtown Grand Rapids, Michigan...you can't help but feel it.

It 's the New Energy which is palpable in the heart of the city. You can witness the resurgence of life in the numerous buildings which have been built or re-furbished in recent years.

The new energy can be observed in a simple tangible expression of an activity which had diminished and has now returned...the burgeoning expression of "street life". Witness people walking to various places of business and recreation or streaming from a show at one of the many venues for entertainment. Grand Rapids is experiencing a rebirth...a renaissance of sorts.

Originally established in 1997, the creation of the Renaissance Tax Free Zone in Grand Rapids, Michigan for eligible businesses and residential homes has been one of the smartest moves the city has made in recent years to boost investment in the downtown Grand Rapids area.

Within the last three years, over 300 Million dollars has flowed down river to what was once an ailing and increasingly deserted section of the community. The creation of Renaissance Zones is a tactic which is being copied in cities across the nation. Click Here to Continue Reading about how this innovative program is saving home owners thousands of dollars every year...

Posted by Lola Audu~Real Estate Broker/Owner Grand Rapids, Michigan Real Estate on 02/08/2008 05:07 PM

Comments (8)

grand rapids, michigan, downtown condominiums, renaissance zone

Originally posted at: Inspired Real Estate For Today: How to Buy A Luxury Downtown Grand Rapids Condo Without A Tax Bill...Call Lola Audu!

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8 Comments on How to Buy A Luxury Downtown Grand Rapids Condo Without A Tax Bill...Call Lola Audu!

FEB

2008

Lola, I love downtown GR, it does have a lot of energy and the River running through it reminds me of Chicago.

Lola,

You're right...Philadelphia adopted one and it has caused a tremendous rebirth of people moving back into the city!!! Thanks, Fran

P.S. I think Philly's abatement is for ten years!

Hi Missy...Thanks for your comment. Grand Rapids downtown area is cool...and that's the verdict from my 15 year old. :)

Wow Fran, That's a great deal. When the Renaissance Zone was first adopted in the late 1990's, I would never have imagined it would transform the downtown area in the way in which it has and continues to do.