Beacon Hill at Eastgate aquires Metro Health Hospital site
Grand Rapids, Michigan, May 7, 2008 - Beacon Hill at Eastgate and The Granger Group announce the formal transfer of the former Metro Health Hospital site at 1919 Boston, SE, to Beacon Hill at Eastgate for the purposes of building a state-of-the-art continuing care retirement community (CCRC).
Effective May 7, the sale places the property in control of the non-profit organization formerly known as Michigan Christian Home. Beacon Hill at Eastgate anticipates the start of construction this summer, after plans are finalized and financing is obtained. The Granger Group, a Grand Rapids area developer facilitating the redevelopment of the site, has completed demolition of the old Metro Hospital and is in the final stages of readying the site for construction.
In 2003, The Granger Group sought and received approval for Renaissance Zone designation, with the intent of developing 200+ brownstone condominiums. Upon reviewing the plans for Beacon Hill at Eastgate, the developer decided that the CCRC offered the highest and best use for the land in service to the community as a whole. Construction will take approximately 18 months, and Beacon Hill at Eastgate is expected to open in the spring of 2010. Pre-sales of the 114 apartment homes have gone well with close to 60 percent already reserved.
"I am very pleased with Beacon Hill's progress to date," said Jeffery T. Huegli, president of Beacon Hill at Eastgate. "By completing the formal transfer of the Metropolitan Health Hospital site from The Granger Group to Beacon Hill at Eastgate, we are another step closer to fulfilling the dream that will become Beacon Hill at Eastgate."
Beacon Hill at Eastgate, formerly Michigan Christian Home, is a non-profit organization founded in 1959.