By Jim Harger | jharger@mlive.com
on April 15, 2014 at 12:01 PM, updated April 15, 2014 at 5:08 PM
GRAND RAPIDS, MI – The Waters Building, the white elephant of downtown’s office market in recent years, will see new life as a 107-room Hilton Homewood Suites hotel, a 42-unit apartment building and a smaller office building.

Mark Finkelstein, whose Edmark Development Co. took ownership of the building with Visser Brothers Inc. in February, said the project will build the extended-stay hotel on the second through sixth floors of the building’s south wing.

Market rate apartments will be built in the top two floors of the north wing of the 115-year-old building, while office tenants will be moved into the lower floors of the north wing.

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