Walsh Construction and Rockford Construction to build Perrigo's new North American Headquarters
GRAND RAPIDS, MI - The Right Place, Inc. announced that global self-care provider, Perrigo Company plc, will establish its new North American Corporate Headquarters in downtown Grand Rapids. The new office will be constructed within Michigan State University’s Grand Rapids Innovation Park being developed and built under a public-private partnership model in a joint venture between Rockford Construction and Walsh Construction at 430 Monroe Ave NW, Grand Rapids, on what is known as the Medical Mile. The 63,550 square foot office space will primarily house corporate and functional leadership and certain administrative roles, and will feature adaptable workspace to promote collaboration opportunities. In addition to a capital investment of $44.7 million over the 15-year period of the lease, the expansion will bring more than 170 new jobs to the area.
Founded in 1887 in Allegan, Mich. Perrigo is a leading global provider of Quality, Affordable Self-Care Products. The company, which employs more than 4,000 people in West Michigan and 11,000 globally, has local operations in Grand Rapids, Holland and Allegan.
West Michigan’s life science and medical device industries are growing at a considerable rate of 18.5%, outpacing the national average by more than double its growth rate of 9%.
The City of Grand Rapids is supportive of the expansion and will be considering a property tax abatement. "This headquarters announcement solidifies the competitive advantage Grand Rapids provides to global companies like Perrigo,” said Mayor Rosalynn Bliss, City of Grand Rapids. “We look forward to their investment and its impact in Grand Rapids and the West Michigan region."
“Health Innovation Partners, a real estate development joint venture between Rockford Construction/Rockford Development Group, Walsh Construction/Walsh Investors and Murphy Development Group, is proud to be a partner in the continued development taking place at the Michigan State University Grand Rapids Innovation Park,” said Mike Mraz, President of Real Estate development at Rockford Construction. “With the addition of Perrigo's corporate headquarters, the Innovation Park further anchors the city's expanding Medical Mile, offering groundbreaking research, technology and advancements to the health and medical industries.”
Walsh Construction and Rockford Construction are also constructing the Doug Meijer Medical Innovation Building within MSU's Grand Rapids Innovation Park. Construction on the state-of-the-art medical facility began in November 2019 and is slated for completion in late 2021.