The Exchange

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Residential & Retail Mixed-Use Development

Design Program:

The Exchange Building; currently under construction, is a 15-story Mixed-Use Development in the urban center of Kalamazoo, Michigan. The Exchange Building will house commercial and retail lease space on the first, second, and seventh floors. Levels three through six will provide secure automobile parking for occupants and residents. Floors eight through fourteen will be residential units with a mix of one-bedroom, two-bedroom, and studio apartments with views overlooking the city. The fifteenth floor will accommodate corporate office space, a fitness center, as well as, landscaped and furnished rooftop terraces for residents, occupants, patrons, and for special events. The Exchange Building received a $6.4 million, Michigan Community Revitalization Program loan, as well as authorization from the Michigan Strategic Fund Board to capture $7.7 million in local and school taxes. Additionally, by way of the property tax capture through the city of Kalamazoo’s Brownfield Redevelopment Authority, the city’s Downtown Development Authority is contributing tax-increment financing funding of $1.3 million and Downtown Kalamazoo Inc. is providing a grant of $150,000 toward the project.

The Exchange Location:

The site is located in the cultural, civic and economic heart of Kalamazoo and Kalamazoo County.  It is adjacent to the iconic Bronson Park, the ‘town square’ of Kalamazoo and a short walk to the Civic Theater, Kalamazoo Institute of Arts, a plethora of unique shops, restaurants, cafe’s, and the epicenter of the Kalamazoo Craft Brewery District.

Construction of The Exchange:

The construction systems include an auger cast pile foundation system, cast in place concrete columns, and post tensioned concrete floor decks. The exterior envelope enclosure will include pre-cast concrete panels, cast-in-place concrete walls, aluminum frame storefront systems with insulated, tinted and colored glass units. The parking decks will be screened with vertically oriented aluminum extrusions providing a decorative louvered screening effect.

Construction Timeline:

  • November 3, 2017 – Reinforcing Steel and post tensioning was being placed for the second floor.
  • October 4, 2017 – Formwork being installed for first floor to second floor Helix ramp.
  • September, 2017 – Concrete poured for entrance/exit portion of parking ramp.
  • August 11, 2017 – Underground plumbing in progress.
  • July 6, 2017 – 80% of the building’s foundation system has been installed.
  • June 5, 2017 – Concrete foundations poured.
  • May 12, 2017 – The official groundbreaking ceremony took place.

Construction duration of the Exchange is expected to take about 2 years.

Leasing Information:

For more information about commercial and residential leasing at the Exchange visit: http://www.kalamazooexchange.com/

Project Partners:

MORE INFORMATION ABOUT THE EXCHANGE KALAMAZOO: