Orion Construction has released some renderings of what the new tower planned for the parking lot next to The B.O.B. in downtown Grand Rapids will look like once it's finished.

Orion and The Gilmore Collection celebrated with a groundbreaking for the Venue/Venue Tower project on Wednesday. In addition to Greg Gilmore (from The Gilmore Collection) and John Wheeler (from Orion Construction), Mayor Rosalynn Bliss, representatives from Downtown Grand Rapids, Inc. and the Michigan Economic Development Corporation spoke at the event.

The tower will include studio, one-bedroom and two-bedroom apartments. It will also include both indoor and outdoor event spaces and a beer garden. Gilmore stated that he believes they'll bring in about 120 shows per year and will include seating for about 2,400 people.

They're hoping to complete the project in 16 months. An entertainment partner is expected to be announced in June.