New Trader Joe’s means big things for other area businesses

Posted at 9:55 PM, Aug 13, 2015

GRAND RAPIDS, Mich. – The highly anticipated arrival of a new Trader Joe’s location in Grand Rapids has the West Michigan community buzzing. But real estate experts say it isn’t just shoppers that should be excited about the projected September 25th opening – surrounding retailers should be excited too.

Mike Murray, a retail advisor with Colliers International, predicts good things for the opening of the new Trader Joe’s near the intersection of 28th s\Street and East Beltline. It all comes back to the most important adage in real estate: location, location, location.

“That is bar non the main and main of retail in West Michigan,” said Murray. “It’s already the highest density of retailers and restaurants all throughout West Michigan. The fact that they’re there – it’s already a regional draw – now you’re making it more of a regional draw.”

With Woodland Mall, Centerpointe, and Dave and Busters all within a stone’s throw of the new Trader Joe’s, Murray’s predictions are certainly well founded. He says the allure of the store with a cult-like following is sure to draw attention to other shopping spots in the area, ultimately bringing them more business.

““People from the lake shore, people from Kalamazoo, they’re all going to come there to visit Trader Joe’s,” said Murray, “then they’ll spread out around there at the retailers and the restaurants.”

Trader Joe’s is currently in the hiring phase. The store will begin accepting applications on August 25th, one month ahead of the projected grand opening. Those interested can obtain and application online by visiting application.pdf and turn in their applications in person at the store located at 3684 28th Street. Applications will be accepted Monday through Staurdays, 9 a.m. to 6 p.m.