HOLLAND — Construction on a long-planned multi-family housing development in Holland broke ground Thursday, June 6, marking the start of a $60 million, 202-apartment project.

The three-building community — HōM Flats at 24 East — will include one, two and three bedroom apartments, 13,000-square-feet of retail space, an on-site childcare center, and suites reserved for local business.

The project comes from affordable housing developer Magnus Capital Partners, based in Wyoming, Michigan. The developer is also responsible for HōM Flats complexes on Felch Street in Holland Township, “28 West” in Wyoming and another coming soon in Grand Rapids.

Planning for the project dates back to before 2021. In June 2023, the company received approval from the Holland Township Planning Commission for the addition of the childcare center.

The development at 24th Street and Waverly Road will now include an 8,800-square-foot childcare center to be used by residents and members of the community.

According to renderings, the center will include several classrooms, a playroom and office, a lobby, and storage space. The development will also have a dog park, walking paths, a fitness center, a playground, pickleball courts, a community room and more.

“HōM Flats at 24 East will directly reflect the needs of this thriving community for better rental housing matched to best-in-class amenities,” Magnus CEO Vishal Arora wrote in a release.

“We hope this innovative formula will appeal to the existing workforce, as well as attract newly hired talent looking to relocate to the area.”

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Arora cited the ongoing housing shortage in West Michigan and beyond.

“We’re proud to be part of the solution to this national housing crisis,” Arora said. “There is tremendous need for this type of workforce housing in — and beyond — Holland. Access to high-quality, stable housing at all price points is central to the health and wellbeing of everyone.”

Leasing for HōM Flats at 24 East is expected to begin in 2026.

— Contact reporter Austin Metz at ametz@hollandsentinel.com.

This article originally appeared on The Holland Sentinel: Second HōM Flats project in Holland Township breaks ground