If DeVos is correct in stating that the corner is the "Times Square" of GR, they need to make sure this property hits and hits hard. This lot is THE lot as far as GR making a statement, and in my opinion, they need to do this right. No cut-down scales, no budget - trimming, no penny-pinching. I hope that if this is really a go, that they take into consideration that hundreds of thousands of people (VanAndel Arena, DeVos Place, the hotels, etc.) will identify Grand Rapids with this section of the city.
Check out the hotel we stayed at last time we were in Montreal. a larger -scale version of the this would be great (kind of like City Flats) - www.opushotel.com