Davenport University announced, Wednesday, that it will be moving from it current Kalamazoo Street location to the corner of Allegan and Grand Avenue, the site of the Grand View Center.
This news comes less than a year after a failed attempt to buy the city-owned Oliver Towers site near Lansing Community College when the Lansing City Council decided not to allow Davenport to have a public hearing regarding the purchase.
However, according to Davenport President, Rick Pappas, the location that they have chosen is the preferred one. Renovating the Grand View Center will cost roughly $10 million compared to the $13 million the University was prepared to spend on the Oliver Towers site.
"It's a 55,000 square foot project...it's going to be over nine floors," said Pappas. "We're close to the Capitol, we're close to Lansing Community College, we're close to Cooley."
For Lansing Mayor, Virg Bernero, keeping Davenport downtown was a concern after the previous deal fell through.
"In the past, when companies or institutions began to grow and outgrow their space, too often, they left the city," said Bernero. "I was adamant that we were going to facilitate Davenport's growth."
Currently, Davenport is planning to move its 800 Lansing students to the new location and the renovation will allow them to have as much as 2,000 students when finished.
Good news for Downtown shops and restaurants.
"We've had some tough years, the last few years, and so anything like this helps us along," said Ted Robison, Owner of Ted-Dee's Sandwiches.
Renovations on the Grand View Center are expected to start this fall and should be completed by the time classes begin in fall of 2013.