West Michigan Real Estate · Video

New Construction & Development in Wyoming

Wyoming is the Grand Rapids metro's lowest-priced major submarket and one of its busiest for new construction — 44 townhomes at Wilson Crossings, Century Communities' Reserve at Rivertown, a $78M third phase at HōM Flats at 28 West, and the Site 36 industrial redevelopment on the former GM stamping plant. This brief covers what's getting built, who's building it, and how pricing stacks up against Kent County. From Holden Richardson, 616 Realty.

Video transcript

Wyoming, Michigan is the lowest-priced major submarket in the Grand Rapids metro, and right now it's one of the busiest new-construction markets in Kent County. Townhomes, entry-level subdivisions, workforce apartments, and industrial plants are all going up at once. In this brief, I'll walk you through what's getting built, who's building it, and what it costs. First, the setup. Wyoming sits directly southwest of Grand Rapids, about fifteen minutes from downtown. It's wrapped in freeways — US One Thirty-One through the middle, I One Ninety-Six on the northwest edge, and M-Six across the south — and that highway access is a big part of why builders and employers keep picking it. Before the development tour, some baseline numbers. Wyoming is home to about seventy-nine thousand people, the second most populous city in West Michigan. The typical home runs around two hundred ninety thousand dollars, listings go pending in about twelve days, and downtown Grand Rapids is roughly fifteen minutes up the road. So why is so much getting built here? Land and price point. The active projects cluster along the M-Six corridor on the city's south side, and Wyoming is one of the few metro markets where builders can still find ground and deliver new homes at prices well under the metro's premium suburbs. That attainable price point is the engine behind everything else in this video. Here's the price gap driving demand. The typical Wyoming home is valued around two hundred ninety thousand dollars, against a Kent County median of three hundred thirty-five thousand. That's roughly forty-five thousand dollars under the county — and that resale discount is a big part of why value-minded buyers start their search here even as new construction arrives at higher price points. Start on the southwest side. Wilson Crossings just wrapped up at Wilson Avenue and Sixty-Fourth Street, right off M-Six — forty-four townhomes across eleven buildings on a five-acre site, in two- and three-bedroom layouts. Crews broke ground in May of twenty twenty-five and finished in about a year, which tells you how fast projects move when this much demand is waiting. Here's my honest take. New construction in Wyoming is not about custom estates. It's townhomes, workforce apartments, and entry-level single-family, built at price points real buyers can actually close on. That's exactly why this market absorbs everything builders deliver. On the single-family side, national builder Century Communities is selling new two-story homes at The Reserve at Rivertown, priced from the high three-hundreds into the low four-hundreds, with that community assigned to Grandville Public Schools. The city as a whole spans five school districts — Wyoming, Grandville, Kelloggsville, Godwin Heights, and Godfrey-Lee — so confirm the district lot by lot before you write an offer. Here's the active development scorecard. Wilson Crossings, finished. The Reserve at Rivertown, selling now. Phase three of Home Flats at Twenty-Eight West, two hundred more apartments on the way. Site Thirty-Six, under construction. And the city's Twenty-Eight West corridor plan tying the whole strip together. The biggest residential story is on Twenty-Eighth Street. The old Studio Twenty-Eight theater site is now Home Flats at Twenty-Eight West — three hundred eighty-six apartments delivered across the first two phases, with a seventy-eight-million-dollar third phase adding two hundred more, most of them income-qualified workforce units, plus ground-floor commercial space and an on-site childcare center. Now the market-speed piece. Wyoming resales go pending in about twelve days, one of the fastest paces in the metro. That's a big part of the case for building new: reserving a build lets you skip the bidding wars entirely and lock your price while the home is still on paper. Put Wyoming's pricing next to its neighbors and the value case is plain. Grandville and Kentwood both run in the three-forties, Grand Rapids sits just over three hundred thousand, and Wyoming comes in around two hundred ninety — the lowest-priced of the metro's major submarkets, even with all this new inventory arriving. There's a jobs engine behind the housing demand. The former GM stamping plant site on Thirty-Sixth Street — seventy-four acres known as Site Thirty-Six — is being redeveloped by Franklin Partners, with a Corewell Health distribution center, a three-hundred-fifteen-thousand-square-foot Benteler Automotive plant building electric-vehicle battery components, and Gelock Heavy Movers taking the final parcel for a new headquarters. Add long-standing employers like Gordon Food Service and University of Michigan Health-West, and the buyer pipeline keeps refilling itself. If you're shopping new construction here, my advice is simple. Compare the true monthly cost, not just the sticker price — builders in this market are offering incentives like closing-cost credits and rate buydowns in twenty twenty-six. Get the school district, the lot premium, and every included finish in writing before you sign. Wyoming is doing something few Grand Rapids suburbs can: adding real housing inventory at attainable prices while the jobs base grows around it. If you want a new build without a custom-home budget, this is the market to watch. Let's talk about which project fits your numbers.

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