Veneklasen Development, a subsidiary of Veneklasen Construction, is leading an exciting transformation in Hudsonville with Terra Station, a $32 million mixed-use development that will help to reshape the downtown area into a more modern, walkable community, that meets the city’s growing demand for both housing and retail spaces.
This ambitious project is inspired by Hudsonville’s forward-thinking Master Plan, a vision for the city’s growth through 2030. Back in 2021 the city acquired a 4-acre site in downtown Hudsonville and, with guidance from their Master Plan, sent out a call for development proposals. Veneklasen Development, with its strong background and extensive experience in multi-family and mixed-use developments, saw an opportunity to make an impact in the city.
Crafting Terra Station – A Fusion of Innovation and Design
Collaborating with Grand Rapids-based Integrated Architecture, Veneklasen Development created a winning design that called for a mix of apartment units and retail space all linked to the larger downtown with walkable paths. This design aligns perfectly with the Master Plan’s goals of creating a distinctive, vibrant, livable, and connected community. Veneklasen didn't just deliver a winning design aligned with the city’s long-term goals, they also brought expertise in funding and permitting. In a similar manner to their other successful development projects such as the Lofts @ 128 in Hastings and South Haven Center, Veneklasen was able to bring in the Michigan Economic Development Corporation (MEDC) as well as other investment partners to help finance the project. It also secured a residential brownfield tax increment financing (TIF) worth $4.3 million made available under a new law which was the first of its kind done in Ottawa County. Now, after over two and a half years of thorough design, financing, and permitting, the project is ready to break ground before the end of 2024. "It's been a long process, but we're just really excited to get the project going," says Chris Veneklasen, CEO of Veneklasen Construction. “This project will be a fantastic addition to the Hudsonville community."Developing Spaces That Connect Home and Community
The Terra Station project will consist of six buildings constructed in phases, offering:- 141 apartments including:
- 36 studios
- 59 one-bedroom apartments
- 46 two-bedroom apartments
- Apartments range from 400 to 882 square feet and will be available for pre-leasing in Spring 2025.
- Apartments will be released in phases as each building is completed, with the final units opening in Fall 2026.
- Thirty-five units will be reserved for residents making 80% to 95% of the area median income.
- The building on School Avenue will feature 4,640 square feet of ground-floor space, which can be subdivided into up to 4 individual retail spaces.