PRESS RELEASE: New Seven-Story Mixed-Use Building to Bring More Jobs & Housing to Downtown Kalamazoo
Kalamazoo, Mich., April 12, 2018 – Catalyst Development Co., LLC (Catalyst) plans to break ground in July 2018 on a $70 million, 290,000-square-foot mixed-use building in the heart of downtown Kalamazoo. The building is slated for a June 2020 completion date.This development will be located at the southwest corner of North Edwards and Water Streets, overlooking Arcadia Creek Festival Place.
Catalyst is transforming part of the city-owned Parking Lot 9 into a seven-story building with two floors of residential housing (41,000 square feet), four floors of Class-A office space (55,000 square feet), and a multi-level 300-plus space parking deck.
In addition to residential units, employment opportunities, and parking, features and highlights of the development will include: The Kalamazoo Promise, The Kalamazoo Promise Institute, Communities in Schools, Warner Norcross and Judd, LLP, and Southwest Michigan First.