Downtown Muskegon Blog

Behind the Scenes - Capstone Sets the Cornerstone

Please see an update below about the Downtown Master Plan Update process

Setting the course for infill development on the “new” Western Avenue, is the Hines Building, being developed by Capstone Real Estate. One of Capstone’s principals is Mike Teeter, a Fruitport High School and University of Michigan alumnus. Over the last few years Capstone has blasted on to the Muskegon/North Ottawa Real Estate scene, and just last year became heavily involved in Downtown Muskegon development when the company was chosen to develop the Hines building, a 31,000 square foot building, whose fast paced progress is easy to follow on the downtown Muskegon webcam. Main Street caught up with Mike to get an update on the building and other plans Capstone has in the hopper for downtown Muskegon.

MS: First off, how is progress on the building going?

MT: As you can see, the building is going up quickly. We have been very fortunate that the weather has cooperated with us and we have been able to pour the floors on the second and third levels. If the weather continues to cooperate you will start to see some dramatic changes to the façade.

MS: Anything you can share about who will be joining your anchor user, the Muskegon Area Chamber of Commerce, in the building when it opens this summer?

MT: We are working on a number of different tenants who will be great additions to the building. Because we are currently in that process we would like to hold off on any announcements until we have agreements in place. They will however blend with the chemistry of the building and fit in well with the current committed occupants, Earhtronics, Northwestern Mutual and the Muskegon Chamber.

MS: Any other plans in the works for downtown Muskegon?

MT:. We are currently working on two other projects for the downtown. One of the projects would be located on the corner of Second and Western, across from Hegg’s Furniture. Though we are in the planning stages, we are very pleased with the response in the project that we have had.

MS: How do you see the future of downtown Muskegon?

MT: I believe the future of the downtown is as bright as the community believes it will be. It takes a cooperative effort of many people with vision, knowledge, and resources to make a difference. I see a downtown that is vibrant with business, entertainment and recreation. I also see a downtown that is a place to bring a family and enjoy what Muskegon has to offer in its culture and history. I envision places Where both the younger and older generations can hang out.

MS: Well, Mike, it has been really fun to work with your firm to this point, you guys have done a great job with this project, and we are excited to hear that you are bullish on other projects in downwtown Muskegon. Your passion and hard work is really helping to make things happen.

MT: We are excited and grateful for the opportunity to be a part of such an historic time in the history of Muskegon.

Check it out on the web

Capstone Real Estatewebsite
Downtown Webcam



Master Plan Update - Due a snow day on the planned first day of the Community Input Charrettes as part of the City of Muskegon Master Plan update process, the dates for the event have been changed to February 19 and 20, 2008 still at the Hilt building. For complete information about the process please visit the City of Muskegon website.

posted by Dan & Sarah @ 3:00 PM