The good news keeps coming out of Kalamazoo! It's getting hard to keep up with all of the development news.
Image: The underutilized Kalamazoo Arcadia Parking Ramp No. 4 is up for sale, to catalyze new development in the Arcadia Commons West area.
Quote:
Downtown hotel, jobs could follow $3M sale of Kalamazoo parking ramp
By Malachi Barrett, via 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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Link to the full article
here
Image: The Rose Street Market Building (Former Masonic Temple), at 303 N. Rose Street. There are plans in the works to convert this into a 118 room boutique hotel. A small parking garage behind this building may be demolished for a new addition to accompany the hotel development.
Image: Arcadia Creek, near the Rose Street Market Building and Arcadia Parking Ramp No. 4.
Images Source:
Mlive