Local economic development leaders have long sought to bring a global headquarters to downtown Grand Rapids, and it will soon become a reality as  Perrigo Co. plc moves its North American corporate offices to the Medical Mile.

The pharmaceutical giant will occupy three upper floors of a building in Michigan State University’s Grand Rapids Innovation Park at 430 Monroe Ave. NW in what will be a $44.8 million project. Perrigo announced plans to relocate its offices to downtown Grand Rapids on Oct. 27, the same day the Michigan Strategic Fund board approved a $2 million Michigan Business Development Program grant, which was based on the anticipated creation of 170 jobs in Michigan.