Look for a major new business development in downtown Grand Rapids a hotel in the parking lot right in front of TGI Friday's.

The CWD Real Estate firm says it has owned the land for about two years and plans what it calls a hotel with "extended stay" rooms, rooms with kitchens in which people might stay for a week or more.

CWD is talking to the Amway Hotel Corporation about management and has no brand name for the operation just yet.