Mystery downtown developer picks off club site
Nate Reens
The Grand Rapids Press
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Grand Rapids, Michigan (US):
Joel Langlois knows loose lips sink ships, and the Grand Rapids businessman isn't about to scuttle a possible billion-dollar project along the Grand River downtown.
Langlois on Wednesday acknowledged he and a mystery out-of-state developer have agreed to option terms for the Intersection Lounge.
The nightclub sits squarely on the 30 acres that are the subject of a project billed as having the potential to transform the city's economic landscape with as many as 10,000 new jobs. The Intersection, 133 Grandville Ave. SW, would relocate if sold, Langlois said.
The club, which moved downtown four years ago from Eastown, attracts local and national music acts and has been a Grand Rapids institution for 30 years. Langlois wouldn't discuss the amount of time the developer has to work out deals with other landowners. He also declined to disclose the possible purchase price.
Mar 09, 2006
Nate Reens
The Grand Rapids Press
_________________
Grand Rapids, Michigan (US):
Joel Langlois knows loose lips sink ships, and the Grand Rapids businessman isn't about to scuttle a possible billion-dollar project along the Grand River downtown.
Langlois on Wednesday acknowledged he and a mystery out-of-state developer have agreed to option terms for the Intersection Lounge.
The nightclub sits squarely on the 30 acres that are the subject of a project billed as having the potential to transform the city's economic landscape with as many as 10,000 new jobs. The Intersection, 133 Grandville Ave. SW, would relocate if sold, Langlois said.
The club, which moved downtown four years ago from Eastown, attracts local and national music acts and has been a Grand Rapids institution for 30 years. Langlois wouldn't discuss the amount of time the developer has to work out deals with other landowners. He also declined to disclose the possible purchase price.
Mar 09, 2006
