Kalamazoo -
The underutilized Arcadia Parking Ramp is up for sale, as part of a deal aimed to catalyze new development in the Arcadia Commons West area -
Quote:
Downtown hotel, jobs could follow $3M sale of Kalamazoo parking ramp
Malachi Barrett | MLive
April 13, 2017
KALAMAZOO, MI -- A potential $3-million deal to sell an underused Kalamazoo-owned parking ramp to PlazaCorp is the latest in a series of land moves to develop the northwest section of the city's downtown. The agreement follows months of negotiation with WM Acquisitions LLC, an affiliate of PlazaCorp Realty Advisors, Inc., and is part of larger plans to complement a new hotel in Arcadia Commons West. The sale would include Arcadia Parking Ramp No. 4 at 320 N. Rose St., which contains 566 parking spaces, and all equipment used to make the ramp fully operational...
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The former Masonic Temple building (aka Rose Street Market) is the focus of a new potential hotel redevelopment -
Source:
Malachi Barrett | MLive