

A MODERN COASTAL COMMUNITY
WITH LONG-TERM VALUE
We are introducing a rare investment opportunity in a master-planned, complete neighborhood development in Grand Haven, Michigan, one of West Michigan’s most desirable and supply-constrained lakeshore communities.
This project blends modern multifamily for-rent living, for-sale townhome condominiums, and a robust amenity package into a cohesive, contemporary coastal neighborhood designed for long-term demand and strong investor returns.
RENDERINGS

PROJECT SNAPSHOT
Complete Neighborhood Design
A thoughtfully planned residential community featuring modern rental housing, for-sale townhome condos, walkability, and generous green space.
Amenity-Rich Lifestyle
Resort-style spool, pickleball court, outdoor gathering areas, walking paths, and a custom clubhouse for relaxation, remote work, and larger social events.
Modern Aesthetic
A slightly modern, clean-lined design language tailored to fit Grand Haven’s coastal character.
High-Demand Market
Grand Haven continues to experience strong population growth, limited rental supply, and sustained demand from professionals, families, retirees, and seasonal residents.
INVESTMENT STRUCTURE
Limited partners participate in a project-specific entity with:
• Profit participation
• GP co-investment and transparent reporting
Long-term value uplift enhanced by Brownfield incentives
BROWNFIELD INITIATIVE ADVANTAGE
The project benefits from an expanded Brownfield incentive package to be approved by the local municipality and the State of Michigan.
This incentive:
• Makes rents achievable for households under 120% AMI, significantly expanding the renter pool
• Strengthens cash flow for more than 23 years
• Increases the present value of the asset by reducing long-term development and operating costs
• Improves affordability while preserving project quality and investor returns
• Incentive represents a powerful financial tailwind unique to this project.
WHY THIS PROPERTY STANDS OUT
• Differentiated product in a supply-constrained lakeshore market
• Mixed-tenure strategy (for-sale + rental) enhances stability and absorption
• Long-term income strength supported by state and local incentives
• Durable demand driven by lifestyle migration and Grand Haven’s strong brand
• Experienced sponsor (IMD Capital) leading entitlement, development, and execution

