Strategic property management to stimulate collaboration at Doug Meijer Medical Innovation Building

The Doug Meijer Medical Innovation Building is a monumental development for the city of Grand Rapids. Inside, groundbreaking research and discoveries will help spur innovation in the healthcare industry. Outdoors, human lives will be dramatically improved through the work of tenants like BAMF Health, which will provide world-class healthcare for various types of cancer and illnesses using state-of-the-art medical equipment. Overall, along with the other buildings that make up the Grand Rapids Innovation Park along the city’s Medical Mile, the Doug Meijer Medical Innovation Building will contribute more than $ 300 million in economic impact to Kent County each year. .

To ensure that the facility is operating at its highest level, thoughtful planning is required. This includes strategic foresight throughout the building lifecycle, including everything from property development to construction and property management. Rockford Construction played a key role in this entire process, but it is the company’s property management team that will help move the Doug Meijer Medical Innovation Building forward into the future. And it all starts with building a solid foundation.

“We’re really helping to create that space,” said Monica Steimle-App, Executive Vice President of Real Estate Development and Property Management for Rockford. “Everyone involved – our team, owners and tenants – are involved together. It helps to build a solid foundation and a very close bond between all parties. “

Rockford Property Management will provide comprehensive property management services for the building, including rental, maintenance, asset management and beyond. Much of the work to set the property up for success has already taken place, with the team working alongside Rockford’s development and construction arms to provide pre-stabilization management services. As the building nears an opening date for tenants in 2022, the focus will be on day-to-day operations.

Ensuring top-notch property management is not possible without first assembling the right team. And as Steimle-App explained, Rockford was intentional in selecting team members not only with extensive experience and knowledge, but also in line with the goals and mission of those related to the building.

“Our team is made up of people with diverse qualifications and knowledge bases,” she said. “This is crucial because not all buildings, portfolios or tenant combinations are the same. Having this diversity – and combining it with an understanding of the mission of landlords and tenants – allows us to move forward collectively and provide the best possible service as a team.

Collaboration is an essential part of the work that will take place inside the Doug Meijer Medical Innovation Building. To help maximize interaction between businesses working inside, Rockford Property Management also assists in the development and management of the Innovation Collaboration space on the fourth floor. The work, which is being done on behalf of Michigan State University, is supported by the SmartZone Local Development Finance Authority, which will support high-tech, high-growth companies operating in the space through annual funding.

Beyond the potential that exists within the collaborative innovation space, Rockford’s property management team will bring significant value to the physical asset through its connections to the community.

“We are connectors – not only with what’s going on inside the space, but with the community at large,” Steimle-App said. “And while we take tremendous pride in the property management services we provide, we also understand that we have the unique ability to bring people together, which provides additional opportunities for our tenants and clients. “

Ultimately, Rockford Property Management’s efforts will serve as an extension of the incredible work done by those inside, helping to catalyze innovation in a variety of industries that will build a better world for everyone.