KALAMAZOO, Mich. (WOOD) — Plans are in the works for a new $60 million, seven-story mixed use building in downtown Kalamazoo.
At its Monday afternoon meeting, the Kalamazoo Downtown Development Authority exercised its right to first refusal on Lot 9 at the southwest corner of E. Water Street and N. Edwards Street, directly across from Arcadia Creek Festival Place. The DDA approved selling the property to Catalyst Development Company.
That’s the first step in building the new structure, which preliminary plans indicate would be 300,000 square feet and contain office space and apartments, five of which would be set aside for affordable housing.
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