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Keyword: microunit

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  • MI developer 'struck oil' with micro-apartments

    11/12/2015 5:44:56 AM PST · by equaviator · 106 replies
    http://www.constructiondive.com/news/mi-developer-struck-oil-with-micro-apartments/408817/ | November 9, 2015 | Kim Slowey |
    The Grand Rapids, MI, planning commission — which sees small apartments as a way to alleviate the city's affordable housing shortage — is adding the term "micro-unit" to its zoning ordinances and allowing developers to provide less vehicle parking than usually required in exchange for building them. Developers, however, must provide two bicycle parking spaces per unit. Micro-units, the planning commission’s solution for people who make too much money to qualify for subsidized rent yet not enough to afford new, market-rate apartment, must be 475 square feet or smaller and be incorporated into a mixed-use commercial building, according to MLive....